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/biz/ - Business & Finance


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16561300 No.16561300 [Reply] [Original]

Please explain to me why you aren't using your imaginary paper dollars and internet monopoly money to buy real hard assets and build actual wealth the same way your ancestors have been doing for thousands of years before you?

>> No.16561309

I used to think crypto and metals were on the same side against fractional reserve fiat. But at this point, nah; the amount of shit metalfags fling at us is way out of proportion to the shit we fling at them. Warren Buffett and Peter Schiff might as well be gay lovers for how much they both work against crypto.

>> No.16561313

>>16561300
How much gold to make it?

>> No.16561336

>>16561309
Please take no heed of the shills. I'm a silverfag here, but I've also got some stake in BTC, ETH, LINK and BAT. Crypto and precious metal holders should stick together and realise the common enemy.

>> No.16561347

>>16561336
Preach brother.

>> No.16561463

There are asteroids full of gold waiting to flood the market.

>> No.16561503

>>16561300

Troll/10

>> No.16561580

>>16561300
I'm about 60/40 btc/metal

>> No.16561594

>>16561300
You get a higher return on crypto.

>> No.16561632

>>16561300
I do, I stack both gold and silver. Whatever happens to the economy in the next 15 years, I'll be ready.

>> No.16561664

>>16561336
nah fuck fake internet money

>> No.16561700
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16561700

>>16561664

>> No.16561729

>>16561336
We are in the same boat. Best of luck.

>> No.16561773

>>16561300
Because when SHTF tHeY will Just confiscate/nationalized/seizing all precious metals and diamonds and Rolex

>muh dik
>kill Whitey
>workers of the world, unite!

>> No.16561780

>>16561313
round about 100oz.

>> No.16561811
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16561811

>>16561463
There are quantum computers ready to flood the Bitcoin market.

>> No.16561934
File: 38 KB, 450x247, Screen Shot 2019-12-14 at 3.47.10 PM.png [View same] [iqdb] [saucenao] [google]
16561934

>>16561300
>>16561313
>>16561503
>>16561580
>>16561594
>>16561632
>>16561773

Gold is worthless. Long ago it wasn't worthless, but that's only because humanity/society didn't have the capabilities of space exploration or the ability to locate gold deposits on Earth with technology. It's is still said to be 'precious' because gold was the main catalyst that allowed powerful individuals to control the entire global economy. Nixon removing the gold standard is the perfect example on why gold was only said to have value in order to transition to a fiat based monetary system - gaining absolute control. You also think gold is rare only because you don't possess the capabilities and capital to go out and search for gold yourself, so everyone just accepts that gold is rare because they are told it is with a fake $ amount attached to it per once.

However, this is the ONE REAL IMPORTANT reason that was discovered by NASA during space exploration years and years ago.

All currencies on Earth were based on the value of gold, but not anymore - everyone knows this. Not many citizens know that but gold is an extraterrestrial metal coming from the death of a star. When a star is dying, its mass is growing, atoms are compressed and when the star explodes, it spreads large amounts of gold in young solar systems. That's why gold is not a mineral to treat but a perfect, carbon free metal. This mean that it is the most common substance in the universe, no more value than a piece of plastic.

I just told you one of their biggest secrets - it kept be kept secret forever, so producing a digital object with artificial scarcity is the final step.

>> No.16561984
File: 1.85 MB, 3264x2448, 20191204_220305.jpg [View same] [iqdb] [saucenao] [google]
16561984

>>16561300
I already am.
Every leg up I will move some around to sound assets.

>> No.16562010

>>16561934
Nasa = deciever in Hebrew.

>> No.16562042

>>16561934

Sounds plausible. There's been too much mainstream gold and silver shilling to the normies lately.

>> No.16562051

>>16561300
>go to sell grug rocks
>giant hassle
>few willing buyers shit you on price

>crypto
>buyer automatically found
>done from home, can even be done with one hand
Private metals are going to soon be the heaviest bags of all time.

>> No.16562079

>>16561934
Except we're a long time from being able to asteroid mine in a cost effective way so it's ultimately meaningless for likely most of our lifetimes.

>> No.16562098

>>16562051
Quite possibly the dumbest take on /biz/ and maybe of all time. KYS for being a stupid zoomer faggot!

>> No.16562271

But I am

>> No.16562485
File: 93 KB, 826x609, all da eggs in one rock.png [View same] [iqdb] [saucenao] [google]
16562485

>hurDUR dur dOn'T dIveRsIfY guise!!1!!

>> No.16562692

>>16561934
>Assuming we can even get past the firmament in the first place
Thinking I should buy a 30 ounce tube/case of Geiger bars. The premium doesn't bother me that much... Can't convince myself not to.

>> No.16562713

>>16561934
Straight lies.

>> No.16562783

Shiny rocks are extremely overvalued due to historical reasons, namely that their superior digital alternative have been invented yet

>> No.16563841

>>16561300
based

>> No.16564926

>Silver worth €16
>Buy for €19 spot
>Sell for €16
gee, I wonder

>> No.16565181

>>16561309
Silver is a real asset you can sell or trade 24/7. Crypto’s are pretty much penny stocks except they are unregulated so whales can pump and dump at will and people like you eat the loss.

>> No.16565194

>>16561811
My nigga quantum computers won’t be mining, they will be cracking passwords and stealing peoples crypto

>> No.16565203

>>16561300
No decent exchanges, fees are ridiculous. Scam.

>> No.16565263

>>16561309
“Crypto” isn’t even encrypted it’s 100% traceable and able to be confiscated. It’s not even a currency. It’s only value is whales and lazy zoomers who want to get rich quick. Like all bubbles they always collapse and crypto will see it’s official demise fairly soon. Bitcoins market cap continues to rise as the other shitcoins continue to collapse. You’re a straight up fucking retard if you can’t see this.

>> No.16565268

>>16561336
You’re a dumbass then.

>> No.16565271

chinks and trump will sign that deal; borris will exit the EU. precious metals will lose their luster

>> No.16565275

>>16561934
Diamonds are very common in the earths crust it doesn’t mean shit if you can’t get to it dumb fucking IDIOT

>> No.16565300

how do u make sure that gold you buy is not fake? i heard horror stories how guys buying gold from certified stores and in certified pamp packages got fake bars of gold

>> No.16565453

>>16561934
>producing a digital object with artificial scarcity is the final step
I will not buy Internet Meme Tokens.

>> No.16565465

BTC will fail all of the miners are in china but they don't plan to use BTC as a currency they will make a gold backed crypto and make BTC crash and burn in the long run. Delusional mc donalds working nerds on this board will be eaten alive.

>> No.16565477

>>16565300
buy it in person from a Mint

>> No.16565485

>>16562783
You sound like a real faggot. But keep spacing and kys once your stinky linkies went to zero

>> No.16565757

>>16565477
is there a chance that delivery person will switch to fake bars?

>> No.16565866
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16565866

>>16561934
You’re trying too hard with this LARP jamie

>> No.16566149

>>16565268
Divide and conquer isn’t going to work here you snivelling little bitch.

>> No.16566187

>>16562051
There are tons of bullion dealers who would buy my shiny from me. Retard.

>> No.16566207
File: 17 KB, 504x473, muh boomer portfolio.png [View same] [iqdb] [saucenao] [google]
16566207

might get some miner stocks too

>> No.16566265
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16566265

>>16561300
>>16561309
>>16561313
>>16561336
>>16561347
>>16561463
>>16561503
>>16561580


SHUT THE FUCK UP YOU'RE FUCKING IDIOTS!

wealth = power
power =/= paper money or crypto shit
power = stock shares with voting rights

don't buy stocks with P/E above 25

EASY.
>wealthpilled

>> No.16566276

>>16566265
yes you are so powerfull with your 10 voting rights kek.

meanwhile chad fucks the girl you want in his leased BMW m4 with having a negative bank account. If you aren't born into wealth you will never make it unlike you invent something.