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/biz/ - Business & Finance


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55869525 No.55869525 [Reply] [Original]

>Best case
Every ounce has immeasurable wealth if fiat fails
>Worst case
It's worth about the same as when you bought it and keeps up with inflation so you never lose, minus 1-5% for selling fee

>> No.55869571

>>55869525
>Reality case:
You lose money even faster holding it in silver than fiat since silver doesn't go up in price with inflation. It was nearly $50 in 2011 and since then inflation has increased dramatically.

>> No.55869648

>>55869525
>It was nearly $50 in 2011 and since then inflation has increased dramatically.
That was at the peak. If you bought silver in 1980 you would be in the profit today.

>> No.55869755
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55869755

>>55869525
>keeps up with inflation
It doesn't.
>>55869648
>so new to 4chan he doesn't know how to respond properly (paid shill sent here?)
Completely false. It was nearly $50 in 1980 as well and if you bought then -- since $50 itself was in 1980 worth much more than $50 is now; $50 in 1980 is the equivalent of $185 today -- you'd have only lost on that purchase.

> "If you bought silver in 1980 you would be in the profit today."
Picrel:
>The jew tells his opponents the exact opposite of the truth even on the plainest matter in the world

>> No.55870767
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55870767

>>55869525
t. silvernigger