/biz/ - Business & Finance

[Anonymous No.18494648]

My retarded father doesn't believe me that the dallar will collapse and that silver would be a good hedge currently. He calls me a "speculating addict" and tells me I should start earning money finally. Meanwhile I am in college and only try to make the right moves.
fucking makes me suicidal.

[Anonymous No.18494659]

>>18494648
Why does it make you suicidal?

[Anonymous No.18494667]

>>18494648
Sounds like he is smarter than you.

Shiny rock fanbois believe the next and final crash is always just around the corner. Was the same in 2001 and 2008.

[Anonymous No.18494701]

>>18494659
Because he always discredits me and thinks he is the smartest, while I have no clue.
Reasoning: "Because if I would have a clue, then every banker would have one as well. And they do not buy metals now."
Meanwhile I didn't do anything else than studying history of crashes and money supply, deflation and inflation and so on and so forth the last week and actually have a point, while he just laughs about it and tells me it is impossible that the Euro and Dollar crash.

[Anonymous No.18494734]

>>18494659
>>18494701
And he also tells me I should "finally start earing money and I am a joke"
Meanwhile I did an apprenticeship and worked on his farm and also worked one year abroad.
That the farm is too small to make a living, is not my fault. SO I went back to university and started studying Computer Science.
And whenever I come up with something or am interested in something, then he tells me to fuck off and study, because "you can't change anything anyway" and I should finally get a job.
Thing is: there won't be a job for me if we end up in a recession.

[Anonymous No.18494743]

Fuck bros, I really want to cut my wrists, just so that everything is over

[Anonymous No.18494783]

>>18494701
Hmmm I think your problem is that you respect your father, don't.
Most people, maybe 99,5% of humanity are brainwashed helpless cattle. It's sad but it's true.

You really have to realize that these people are barely sentient. They don't think for themselves, they follow.

Just live your own life, stop trying to appease or help these zombies. You can't help them, only they themselves can do it, if they chose to grow up one day (most don't).

Some might comment on this with "wew edgy XDDD", if you do, that just proves that you're one of these "people". If you are sentient like me or one day become like me, you'll understand me.

Your living family isn't all that important either. Understand that you're part of a bigger family tree. You are a placeholder in time, in the "now", for your family tree. Serve the whole, not some singular clown that just happened to be your parent. What would your thousands of forefathers think about you? That is much more important than what your parents think.

[Anonymous No.18494799]

>>18494701
>>18494734
>>18494743
Well the thing is that you actually do have to prove that your are good with money. My parents never did listen to me but then I got a good coding job next to my uni and worked my ass off every weekend and wednesday and investing all of it into eth and link. I then made a lot of money on eth in the bullrun and cashed out 50k worth of eth at 1k.
Since the cb listing pump with link I basically manage my parents money.

Tldr
>why the fuck would they trust you with their hard earned money when you dont even have a job

[Anonymous No.18494801]

He's sabotaging your life so that you will not succeed. It's possible he's envious of the idea that his son might be more successful than him. Your dad will never be proud of your achievements, believe me I know. You need to find other motivators in life other than pleasing your parents, or else you'll never escape the cycle of disappointment.

[Anonymous No.18494830]

>>18494648
He's right about silver being a snake oil scam

[Anonymous No.18494846]

>>18494743
you sound like a bitch, i'm with your dad on this. get a job and stop pretending your week long youtube and reddit adventure in to economics makes you any kind of authority on the subject to your father who sounds like owns a business and actually manages 'some' money.

[Anonymous No.18494905]

>>18494801
This desu. Most people are also extremely selfish and ego driven.

Just focus on yourself.

>>18494846
Probably this too, but this "getting a job" mentality is just dumb slave thinking. There's no rush, wait until you have a good job, not just any job.

Don't work hard, work smart.

[Anonymous No.18494926]

>>18494648
Your dad sounds like an awful man. Leave that bumbling fool hidden in the shadows: BE YOUR OWN MAN

[Anonymous No.18494974]

>>18494743
he is right, the dollar will not collapse
what the dollar is to finance is what btc is to crypto

flight to safety has begun and everything, from foreign currencies to stonks and commodities will drop against the dollar

understand that the crash in march was driven by liquidity issues and it wont go away with just one dump. Not even gold will survive they will dump it for liquidity if needed again

[Anonymous No.18494998]

Unironically good advice here in this thread. Don't suck up to your parents of you truly want to make it. Emancipate yourself and be free. Do your own thing and don't be financially dependant on them. Trust your gut. If they don't uplift you everyone you show genuine interest in the world and try to be successful and take your ideas seriously, not arguing properly, then they are fucking liabilities and will keep you down forever because that's how they are, probably without bad intent, but it's their ego. Trust me on this from own experience. Get free from your parents asap in this world, you can love them still but be self sufficient and emancipated, it's your fucking life and you are responsible for being happy and making it.

Cheers to you anon, you're a good guy with good ideas. Keep pushing.

[Anonymous No.18495002]

>>18494905
Yea well I worked fucking hard and have over 100k so fuck you bitch.

[Anonymous No.18495044]

>>18494974
Yeah, I don't think it is impossible to see a drop again. However, printing money forever and giving out helicopter money never works out longterm. The reason why everything went up again so fast after 2008 was to avoid deflation. Basically everything they did was because of that. Once deflation is inevitable, then the dollar appreciates in value. But deflation won't last forever. We will have inflation afterwards. And therfor it would not be a bad idea to hedge a small ammount of cash with silver.
Not saying that you should go All in.
But the risk reward here is great after all.

[Anonymous No.18495053]

>>18495002
I got 100k in fiat and 490k in crypto. I've only worked ~4 weeks in my whole life.

Working less allows more time for philosophy and contemplation, not to mention entertainment and lifting weights like a chad.
The result is a sort of evolution for your consciousness. Can recommend.

And yes, I might have invested in crypto with $17 000 of my parents money that they had saved for me, but they're rich so fuck you, and my dad worked hard (for me).

[Anonymous No.18495060]

>>18494648
Your boomer father is right.

[Anonymous No.18495067]

>>18494648
>>18494701
if youre so smart then why are you not rich faggot?
and why do you not have a son on your own that you can bully?
maybe its time to get your shit together

[Anonymous No.18495075]

>>18494701
>"Because if I would have a clue, then every banker would have one as well. And they do not buy metals now."
heh

[Anonymous No.18495102]

>no job
>attention whore about suicide
>hurrrrr shiny metal good investment
Your dad is right and you probably need to be on meds

[Anonymous No.18495111]

>>18495067
>if youre so smart then why are you not rich faggot?
Because he's 20-30 years younger than his dad?
You zombies really are retarded HAHAHAHAHA.

[Anonymous No.18495112]

>>18494783
>>18494801
>>18494926
except none of what you said applies when his father is sustaining him.
>>18494846
pretty much this. get a job and start making some money, move out on your own, only then can you attempt to do whatever it is you want to do. till then, you are a joke.

[Anonymous No.18495120]

>>18494701
He is right

[Anonymous No.18495140]

>>18495112
Hmmm maybe, maybe not.

Would be nice to know his age. The age of maturity of the male brain is around 25 years.

If the son is a "failure" before that, it is the fathers fault.

[Anonymous No.18495141]

>>18494998
>Cheers to you anon, you're a good guy with good ideas. Keep pushing.
Thanks fren.
>Get free from your parents asap in this world
You are totally right about that. And I am still not. It fucking makes me angry. Once I started university he insisted to pay for my rent every month and give me like $100. I said he doesn't have to and I would rather get a sidejob. "NO SON. I WILL PAY FOR IT. NO DISCUSSION HERE. Therfor you can help me out on the weekends and semester holidays at the farm."
So that is what I am doing now. I thought "well, at least I help the family business instead of making some other guy rich."
But in the end I am even more trapped by him.
And he uses it as a way to put pressure on me, because he is the one that basically controls me this way.
Never should have made this mistake.
Sometimes I even think I don't give my best in university just to piss him off this way.

[Anonymous No.18495161]

>>18495141
Yes, it is a form of slavery and your dad probably doesn't even consciously know that he's doing it LMAO.

[Anonymous No.18495188]

>>18494701
>Reasoning: "Because if I would have a clue, then every banker would have one as well. And they do not buy metals now."

Yep, your boomie is a fucking retarded goylem, but that's pretty common among boomboom NPCs, USD is like a religion to them, just like the Holy Shoah.
Tell him the JPMorgan, which is the fusion of the 4 oldest banks in the US, which is the third most powerfull COMPANY worldwide, which had 389 995 millions USD of capitalization in 2019, which hire the top elite bankers, is currently the biggest buyer of physical silver worldwide, and that since 2011. Tell him 4 out of the 5 biggest financial institutions worldwide spend trillions to constantly suppress physical silver price every year.

Ask him if he know better than JPM, he should feel pretty dumb after that.
But most importantly, you should stop giving a fuck about your genitor. Boomers are too integrated to the matrix, it's impossible to unplug them or change their paradigm. Even if you successfully redpill him on monday, he'll forget everything by tuesday, their memory literally crash and reboot to the previous good goy update.
I know because i tried countless times with my parents, over more than a decade, and on every subject. They know i'm far more intelligent than they are, they know they can't argue with me, ultimately they know i'm right. But it doesn't matter, they simply can't accept reality in the end.
Let them getting raped by hyperinflation, let Billy vaccine and chip them, let them buy into the digital FED currency next year, let them collect good goyim points on the soon mandatory social score, let them getting lobotomized by the talmudvision 10h/day, let them die poor as fuck and abused in a nigger infested nursing home.
Because this is all they wish for : being enslaved by their talmudic masters and respect the noahide commandments.

Meanwhile you stack silver and stay comfy.

[Anonymous No.18495192]

>>18494667
So much this

The dollar won't collapse unless the US disbands its military.

During this crisis, every country is printing some amount of money to stimulate their economy back to normal.

Precious metals do hold intrinsic value, but they have been overvalued which is why their prices are falling

I'm sorry, but your dad is right. If you'd stop obsessing over crashes, maybo you would be so quick to expect one. Every big crash has some extra factor that takes it all the way down. The Corona virus is no worse than the flu, we just have it a new name and press coverage

[Anonymous No.18495198]

>>18495140
You wish. It's 30-35, never before that.

[Anonymous No.18495204]

>>18494701
Stop being so insecure and study sociology. In the stock market, soc is more important than fundamentals any more

[Anonymous No.18495213]

>>18494648
your dad is smarter than you.
Also not earning any money, and "teaching" people how to improve their finances makes you a laughing stock in anyone's eyes

[Anonymous No.18495216]

>>18495140
>its not my fault
>its the fault of environment
>its the rearing
>its the educational system
even though all those explanations have some merit. if you want to change your condition it is within your hands to do so, blaming others while sitting on your ass will bring you nothing but a self perpetuating cycle. so quit blaming others and start doing something out of yourself

[Anonymous No.18495246]

>>18494648
>>18494783
OP dont kill yourself you retard. Listen to this anon. Most people are trained to be cattle to be pumped and dumped ad infinitum. Do your best, become independent and lead by example. This comes from personal experience of trying to teach my parents the importance of money. I gave up on them and they now do not understand why i no longer tolerate their faggotry while also being simultaneously right 95% of the time.

Some people as parents use this little bit of authority to justify their existence without any reason for their authority to be valid. Be the better person anon. Dont let them win.

[Anonymous No.18495281]

>>18495204
Which resources are best to study soc?

[Anonymous No.18495299]

>>18495053
How did you do it? Ride into 2017 bull?

[Anonymous No.18495310]

>>18495204
Clown markets are neither driven by psychology nor fundamentals.

[Anonymous No.18495327]

>>18495192
This desu, and even if the $ would crash, you burgers would have other things to worry about than who has the most shiny metals.
You're literally surrounded by hordes of armed nigs and other non-white creatures.

>>18495216
It's fully valid to blame your parents for "failures" that happens while you're growing up. You computer (brain) was incomplete so how is it fair to expect it to produce complete results?

The government and the system can always be blamed on, because we're living under a Zionist occupied government. But yeah, I generally agree, having a victim mindset will get you nowhere. If you want something in life, you have to take it yourself. It's a dog-eat-dog world.

MIGHT IS RIGHT!

You can view the glass as half-full or half-empty, it's your choice.

I'm a anarcho-capitalist. Maybe a tiny lil bit of govern-ment, but too much and it will always lead to tyranny.

>>18495299
Yeah and I'm not even a good trader. You just had to buy whatever and hodl through the pumps. Look at any chart during that time, it was fucking retarded.

[Anonymous No.18495362]

>>18495327
I missed the golden ship. I have a small bit of crypto now (0.8 BTC, 1000 LINK, 8 ETH, 12 LTC) but I fear I've missed my chance

[Anonymous No.18495370]

>>18495188
Metal wont help you in a anarchy society you faggots fantasize about in a collapse. Some nigger with a gun will just kill you and take it. Not that it matters because people will trade bullets not silver

>I sure got lots of food but little ammo. I know, I'll trade some food for shiny rocks that are literally worthless!

[Anonymous No.18495385]

>>18494648
the us dollar won't collapse doomer

[Anonymous No.18495391]

>>18495362
Maybe scale down on Link a little, or atleast sell some on next pump (if there is one).

https://twitter.com/tylerwinklevoss/status/1250429247908270086

Normies are shilling it to their parents RIGHT NOW.

[Anonymous No.18495398]

>>18494701
Hello Shinji

[Anonymous No.18495418]

>>18494701
Get in the EVA NOW! And finally prove yourself to your father, Shinji.

[Anonymous No.18495429]

>>18495327
>It's fully valid to blame your parents for "failures" that happens while you're growing up
your parents have a certain set of conditions and circunstances, you didn't exprience the way they were raised the culture into which they grew up in, the difficulties they had along the way and their expriences which totally shaped them into who they are and who they were when they conceived you and reared you, as such you will never truly understand the reasoning behind all of their choices. all along the way I am pretty sure 80% of everyones parents did the very best they could and they chose the very best options they could have in order to provide you with a good life, you couldn't have done better had you been in their shoes. progress is incremental, generational, if your kids are to have a better life than you then you must make sacrifices today, and not everyone is willing to make 80% sacrifice and live off of the other 20% in order to make great generational gains. so progress is slow, sustaining generational wealth is hard enough let alone generating more. so no you can't blame your parents for how you are, you are the way you are, take it and run with it the best you can. blaming others for your conditions and environment is beyond stupid specially when doing so does nothing to change it in the near medium or long term.

[Anonymous No.18495431]

>>18495053
Good job anon, also fuck you

[Anonymous No.18495494]

>>18494648
sorry to break it to you, low iq anon, but silver IS speculation and your fucking boomer dad is smarter than you. sad.

[Anonymous No.18495517]

>>18494648
sorry to break it to you, low iq anon, but silver IS speculation and it will remain that even after the fiat system collapses

[Anonymous No.18495529]

>>18495053
i seriously hope you die

[Anonymous No.18495582]

>>18494659
Based. Stop being a bitch and accept you know more than your boomer father. I know I did, when it came to economics and politics.

[Anonymous No.18495599]

>>18495204
>Sociology
>socialism

You mispelled a couple letters

[Anonymous No.18495648]

>>18495188
Terrible advice, you can’t wake up zombies with logic and facts.

[Anonymous No.18495691]

>>18495429
Giga kek, I stand above silly worldviews like a demi-god. Only zombies are slaves to their past and enviroment.

[Anonymous No.18495704]

>>18495648
ops didnt read your full post (edit)

[Anonymous No.18495723]

>>18495529
Jealous cuck ;p

[Anonymous No.18495752]

>>18494701
>Me study for week. Me genius.

[Anonymous No.18495763]

>>18494648
Fuckin rekt. Based boomer dad.

[Anonymous No.18495791]

>>18495053
Well I received 0 money and have same amount of fiat as you and about a third in crypto so really go fuck yourself daddys little boy. You basically owe your parents all what you made shitkid.

[Anonymous No.18495812]

>>18495791
Lmao, relax little boy. It’s not my fault that your parents are too stupid to earn a decent wage.

[Anonymous No.18495827]

>>18495204
i unironically have a meme degree in sociology
how the fuck is it supposed to make me money in stonks?

[Anonymous No.18495874]

>>18494648
Sell all your silver and buy CKB
You really thought we would go back to a backed standard? top kek.

[Anonymous No.18495896]

>>18494648
Silver isn't the greatest hedge. Silver relies on industry. Gold would be a better hedge long term imo.

[Anonymous No.18496040]

>>18494734
You sound like a teenage pathetic faggot. You've only had 2 jobs. College morons like you always say "omg there are no jobs left." There are plenty, you're just too much of a pussy to do them. Go work at UPS, they're always hiring.

[Anonymous No.18496121]

>>18494648
First off, "dallar" will not "collapse".
Second, silver is amazing hedge right now. Undisputed.
Third, stop being a faggot. Daddy Boomer can do what he wants with HIS money. Worry about your own money faggot.
Fourth, you gotta stop with that fag talk or just kys.

[Anonymous No.18496156]

Hurr Durr let's all brag about paying 109% premium for a meme coin so we can pretend we are adults investing for the future. WE ADULTING NAO!

[Anonymous No.18496297]

>>18496156
>WE ADULTING NAO!
I travelled to the holy land and found a silver Temple made by God himself. There were tough men there protecting the temple. Men of resolve. Men who had seen many battles. Muscled men. I tried to push my way past these muscled men but I encountered a most vicious bat who protected the stack with a practiced avarice known only to those who have devoted their life to Larry. I wanted to go further, but I knew that I had gone as far as any mere mortal could travel. I am grateful for the journey. I saw Terry. It was good.

[Anonymous No.18496582]

>>18494701
You should have a day job so you can put that money into ETH while the price is still low.

[Anonymous No.18496594]

>>18496040
I worked at UPS for a bit. Not a bad job, just wasn't for me. Can make good money though

[Anonymous No.18497289]

>>18495067
Because not every family is supportive. Some actually use their kids as free labor while charging them rent from 16.

[Anonymous No.18498664]

>>18494648
Just tell that boomer to fuck off

[Anonymous No.18498728]

>>18494799
This.
How can you be hoarding silver when you dont have an income? Get your priorities straight. PM's are for WEALTH PRESERVATION. You have no wealth to preserve. Not trying to be an asshole here, just make some money somehow...

[Anonymous No.18499438]

>>18494648
Wow are you me? Same problems, i just bought 10ks ot silver lmao. Idgf what he thinks tho. He invests in scams and would not believe me its a pyramide scheme. Every. time.

[Anonymous No.18499464]

>>18494648
Gold yes, silver not so much.

[Anonymous No.18499798]

>>18494783
lol you sound exactly like that rofschild axe me a question guy in a glp thread i read recently..

[Anonymous No.18500217]

>>18495192
You're an idiot. Look at the fed balance sheet, look and the dow/ag index, look at the jobless claims, and not to mention money printer go BRRRRR. The US dollar is done. China is going to become the next world superpower, as the UK, EU and US fade into obscurity

[Anonymous No.18500508]

>>18494783
I see youve been reading the rothschild forum larp

[Anonymous No.18500617]

>>18500508
but was it really larp?

[Anonymous No.18500658]

Harry Dent: Gold will soon suddenly crash down to $750, and stay there

https://www.youtube.com/watch?v=UboMFpCpJvo

"Suddenly, right when everyone's so bullish on gold, when you can't even buy physical gold---it will just suddenly go down, just like a few months into 2008. Over 33%. Silver went down 50%."

He says that deflation will take down everything with it, including precious metals, and that inflation of the dollar is impossible.

Thoughts?

He accurately predicted the 2008 housing crash, and started renting in 2005 in anticipation of it. He also had an interview with Mike Maloney and predicted there that the current crash would happen in 2020.

[Anonymous No.18500720]

>>18500617
I didn't see your reply before I called him out myself.

I found it pretty believable. Especially the seemingly genuine superiority complex he had. Too many elements of his personality that could only be cultivated by someone with true power. You got any thoughts on the matter?

[Anonymous No.18500754]

>>18500617
Also just want to say that his veganism angle is total bullshit. Everyone knows veganism is death. My theory is that he posted that thread with snippets of truth in order to lure potentially dangerous truth seekers into veganism thus neutralizing the threat

[Anonymous No.18500896]

>>18494648
move out
Shiny rock fanbois lmao

[Anonymous No.18500927]

>>18494648
he has more experience in life than you, shut up and listen

[Anonymous No.18501571]

>>18494783
After 10 years of trying to help my family with their issues I've pretty much come to the same revelation.

[Anonymous No.18502023]

>>18494648
your problem is that you are trying to buy the wrong metal.

Show him the chart for Palladium and ask him what he thinks.

[Anonymous No.18503099]

>comes to biz to mock is father's ideas on personal finance and investing
>learns his father is right about everything

[Anonymous No.18504443]

>>18500720
I think the writing style indicates that the author is very well educated. But there are some contradictions like "don't kill innocent animals" and "we havrest human energy for our good" are very obvious so I think your point that he might intentionally mislead here and there could be true.
researching nurition in general I found that vegetarianism is not necessarily beneficial to human health, but heavily processed red meat like sausages are pretty much proven to be detrimental to health. I liked "The Nutrition Source" by Harvard, since they give good sources.

The Rh- stuff i don't know about, haven't found any evidence for that.

Also he advised not to have kids if i remember correctly, wich I completely disagree with.

The books he recommended are very interesting, but until now only finished the book by Das. I can send you the pdfs of the books he mentioned in his posts, if you want.

english is not my first language so please excuse grammar :)

[Anonymous No.18504484]

Seeking approval from your dad is like trying to squeeze water from a stone.

Just do the thing you feel is correct and compare dicks after all is said and done.

[Anonymous No.18504498]

>>18494648
bruh. breh, we're not goin back to shiney rocks. get with the times already. schifflet

[Anonymous No.18504535]

>>18504443
Sure I would appreciate those pdfs. I found the tesla one but didnt bother to read it.

[Anonymous No.18504634]

okbro

[Anonymous No.18505026]

>>18494801
>doing anything to please your parents
is this an actual feeling for some people?

[Anonymous No.18505113]

>>18495188
>it's impossible to unplug them or change their paradigm
now is this because theyy dont WANT to face the brutal reality or because they CANT
i am genuinely curious... those who work 8 hours make a decent living come home slam a 12 pack and send half their paycheck to their whore wife seem pretty content... but i truly wonder the root cause of this feeling

[Anonymous No.18505176]

>>18494648
he's right you know