You call that a stack?
Silverbug City /sc/
Let's see your stack then. Prove you're not a stacklet.
>people start fudding precious metals all the sudden.
lol you must be blind or stupid
all im seeing is shilling for precious metals right now
theres even several threads up here.
metals will be useless in terms of increasing in value until FED shifts policy. so far, its QT and more rate hikes for the rest of the year
if youre buying it for "store of value", then dont be surprised when the market crashes and your silver goes right with it, because this is what metals do in major crashes. check any and all historical data. the times when metals go on bull runs is in between the bottom of the first crash, and the end of the recession
crypto on the other hand, will be the last place where people will be looking for refuge in a major market breakdown. no one wants an even MORE volatile asset when SHTF
>buy gov minted BU because non cretin
>literally every legit high street dealer will give me exactly spot for it without question
>some even give above since their client base has a hard on for UK BU
sure is hard actually talking to a dealer champ.
So where do you put your wealth during the crash then?
>Welcome to Silverbug City - Population ten million IQ 74
Can anyone actually post any evidence of silver's importance for FUTURE tech?
As in, why will silver's importance in industry INCREASE going forward?
define crash
it seems many libertarians here think the market crashing will cause some sort of civil war or some shit (people need to stop getting financial advice from Jow Forums desu). if were talking during a big correction, or a large crash, longterm US treasuries. also the yen has consistently been the crisis currency of choice for a while now. tho this time im looking more at swiss francs. undeveloped land is also the pinnacle of hard asset investing imo, but buying/selling it is not possible for most.
but yeah, bonds and carefully selected foreign currencies is the time tested method. or even sitting cash while the crash happens.
as for precious metals, the one i see with any upside at all for now is platinum. i think gold and silver will crash first, before any major upside move (and the upside move is dependent on FED policy, as QT has capped inflation for now). plat on the other hand has already been shorted into nothing for years now, and is more rare than gold, and also more valuable in an industrial sense. youd be better off there imo
If SHTF, no one is going to be coming to shoot you. Everyone will be cucked, just as they always have been. They will be starving in the streets while the wealthy still have plenty of money. People will never rise up. What will happen is the value of the currency will become inflated an insane amount each day while silver is still the same. Everything will continue to operate as normal, though petty theft may increase. Please show me an example where "SHTF" in a neoliberal capitalist society historically, that wasn't just the masses starving in the streets while the rich got richer
Bonds? Really? Why would I want to own debt of governments that are in a downward spiral?
Platinum is mainly used in combustion vehicles which might be replaced with electric vehicles...do you think silver's use in solar and electric vehicles increase the importance of industrial uses?