What do you think the price of gold and silver will be after the economic collapse/reset?

yeah but they are holding a ton of gold without telling anyone and they are MAKING SURE that gold will steadily go down

MAYBE after the crisis gold will be worth a lot because so many people want it but you are kidding yourself if you tink it's worth an ounce per house

YOU HAVE TO DIVERSIFY AND HEDGE YOUR PORTFOLIO

and youre better off stacking copper and aluminum considering their price is much more stable and mining is at full capacity without anyone really hoarding it to make a difference

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Are you retarded? I was making a LINK joke. Trips of truth suggest there may be something to 2 LINK/kg gold after all though

I seriously want to know, are you truthnevertold or are you just a fan parroting his talking points here?

True. I know what you mean. I didn't exactly say it like that but I kinda did. I am aware of what you're saying though. I was just looking to speculate and figured using our current value of currencies just to give an idea/comparison of what it would look like. But yeah I know what you're saying. Like silver went up 2,000,000% in Venezuela but its still only the equilevent of twenty bucks here.

But I'm also referring to the market manipulation. The gold and silver markets are currently manipulated. Also the biggest producer of silver in the world only has an estimated five years of silver to be pulled from the ground. FIVE years.
There's multille factors at play. This is huge. Not even generational. I'm going to be in the fucking Caribbean before I'm middle aged drinking all inclusive on some hot beautiful beach. The time to stack is yesterday.

Russia and China have been buying it up like crazy. Russia has essentially effectively abandoned their former fiat for gold. Basically told the central banks to fuck themselves. Also Trump has talked about it before. And multiple other countries are repatriating their gold getting their gold back.

Gold honestly mostly just sits around. It won't be industrial as much until we run out of silver.

Silver and gold beneath ground will run out in five to ten years. All the other less precious metals will last like twenty or thirty at least (copper etc)

...okay my bad...
Still fuck your digits

Hahaha! xD shit. I am a fan of that guy... "Generational debt and death based ponzie scheme" I knew I shouldn't have used his line haha. I couldn't resist
I've done a decent amount of research outside his channel though just so you know.

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>Silver and gold beneath ground will run out in five to ten years. All the other less precious metals will last like twenty or thirty at least

the earth's crust is 26 miles deep.. we have only mined like 5 miles deep ever and most mines are much more shallow.. if humans really start to tap deeper underground there is enough metal to last humans thousands of years.. especially under the oceans

and then there is asteroid mining

gold is basically inflatory at this point.. i trust it more than dollars though.. but you have to HEDGE ACCORDINGLY

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This is retarded.

Of course diversification is good. But gold is not an investment gold is real money.

When the dollar implodes all dollar denominated investments will be fucked.

We are 21 trillion in debt.

Go ahead and invest.... but you should have about 30% of your net worth in gold and silver given how fucked everything is.

Also in Venezuela where their currency is collapsed 1 single ounce of silver buys you 4 months of food on the black market and 1 ounce of gold buys you a home.

You never hear the story of the bellcap in Weimar Germany who bought a city block with a mere 25 ounces of gold after hyperinflation there?

Bingo

The manipulation doesn't matter. Now of course if you are living paycheck to paycheck and you may have to sell a bit of your gold to pay bills then the dollar value matters because gold could go down.

But if you are buying and have a decent net worth.... then don't even fucking look at the dollar price...

In fact.... as a gold owner.... I HOPE the dollar value of gold goes back down to 300$/oz. because that would mean the govt isn't out of control anymore printing money out of thin air.

And you wouldn't even lose in real terms anyway because a gold price at 300$ means a subway footlong sub sandwich will be like 3-4$ instead of like 9$ like it is today

>asteroid mining
Top kek

Its amazing how they actually seem to believe this to be viable in their lifetime or even at all.

why people still force this meme asteroid mining like it's going anywhere within our lfietimes

gotta be some really retarded zoomers or fudders that are beyond stupid and have miscalculated who their audience is.

why do any of you idiots think silver will be relevant ever again? there's literally no need for it, only poor people care about silver, and they just don't mater in any scenario where gold becomes important again.

>Just use my damned traceable currency goyim.

Silver is real money.

The word for money in many foreign languages is literally the word silver.

In Venezuela where their currency has collapsed and people are eating zoo animals.... 1 single ounce of silver buys you 3-4 months of food on the black market.

So in a dollar collapse 500 ounces of silver will be generational type wealth.

A days wage used for most of human history used to be a tiny silver piece the size of a silver dime... even in America 200 years ago.

When the dollar collapses that silver dime will be equal to like 3-4 days wage because there are billions more people on the planet and much less silver available

I've thought about the asteroids before. To my understanding there is bits of silver and gold everywhere. Like you can basically find particles of anything anywhere in super microscopic amounts. But it takes complex processess to get even the smallest amount in that circumstance. It has to be profitable. Were nowhere near ready to mine asteroids and its probably going to be many years before we can access any deeper deposits if there are any.

I understand one should be careful though, keep an open mind and always look for other opportunities but right now is the time to stack as far as I'm concerned. I'll have sold off my bullion and made profits and be investing in new things by the time we get to those ten mile deep deposits (if there are any) or to the asteroids. I agree that one should be careful essentially though, diversify and always strive to keep learning.

Yeah his response pretty much nails it. Also it IS a precious metal, has the highest conductivity of any metal on our planet and is therefore highly industrial. We've probably essentially lost half of our above ground silver since the days of old just from melting it all down and using it industrially. Blowing it up in missiles... Fuckin nanocoat on your teslas quarter panel (fuck maybe not but its all over the place)

Thank you to everyone who commented. It was enjoyable to talk about. I apologize for my initial rudeness. You are mostly good people. I will bake a better bread next time with links and everything. Also I have some other important information that I'm not ready to disclose yet. Won't be for a couple months. You won't miss it though I'll blow it up all over.

Asteroid mining is more than possible, but trying to bring refined asteroid products down to Earth is retarded - best to use those raw materials to build outside of LEO to save on deltaVs

lets say something is docking onto an asteroid.
HOW will it farm the gold
HOW much can it bring back
HOW much of it is really gold and not space dirt
HOW much will it really cost to mine 1 ton gold that way
and how will you bring it back to earth safely?

Why are you passionate goldbug shills such humourless cunts? You faggots act like that on every thread you make, what's your fucking problem? He was just making a joke. Basically everyone that owns crypto owns metals as well, so kys dickweed. And to answer your question the value of gold or silver in fiat currency will be irrelevant after the reset. Why? Because fiat has no intrinsic value, and metals do. So either fiat will go back to being backed by gold, meaning fiat inherits from golds value (ie the question is more accurately "How many subdivisions of gold, represented by paper IOUs, will be in use). Or more likely, gold-backed for easier day to day use, see DGX-backed MakerDAO contracts. Oh, you don't like crypto though (because like all gold maximalists you're under the mistaken impression that gold won't moon if everyone buys cryptos) - yeah, we'll all conduct international business in bullion that gets magically teleported around the Internet. Now fuck off and develop a sense of humour.

Oh, and BTW, in a real SHTF scenario nobody gives a shit about your Gold. Food, water, antibiotics & bullets will be currency until things renormalise. Which will happen rapidly, as many civilisations have collapsed through history, so we know well what to expect - hint, not Fallout. See the USSR when it fell. Shits tough, but it's not the end of the world, people don't magically forget how to farm (or make electricity for that matter) & once the initial panic subsides things become stable again fairly quickly. So your fantasies of lugging Gold around as some kind of post-apocalyptic Wasteland Baron aren't going to happen.

Venezuela and greece are big enough SHTF scenarios that can happen in most other countrys. silver would have saved many asses.

1oz of gold will be worth 0.000001 btc

You are fucking stupider than a retarded nigger.

Bullets will be currency? Are you fucking retarded? Gold has been money for milennia and now people are going to start using bullets as currency?

Also you worthless faggit. You NEVER barter ammo to anyone. Cuz then they will take your ammo and come back and shoot you and take all your shit.

How fucking stupid are you?

Gold/Silver will crash after a reset. After fiat crashes people will be doing 2 things immediately when it comes to money/wealth, 1. finding a way to preserve their wealth (the wealthy would rather burn in hell then be on the same level economically as us "peasants"). 2. search for a new currency to transact with since bartering long term is not feasible in this day and age (bartering is so inefficient is not even funny...). Gold is atrocious as a medium of exchange. I'm not going to shave gold flakes on a scale and put it into a baggie to buy groceries and im not backing a brinks truck onto your front lawn to buy your house. and getting on a plane or crossing the border with large amounts of gold during an economic reset isnt even an option. There are plenty of other ways gold is a bad medium of exchange just google it. crypto beats gold on ALMOST all fronts.. gold/silvers usefulness is only part why its holds value.the other part is its "network effect" and the fact that everyone wants it. but that network effect goes to shit when something better comes along. think blockbuster vs netflix, myspace vs facebook. sending a letter in the mail vs email.bottom line is the value of something is based on supply and demand. the supply between gold and bitcoin is relatively the same (there is always new gold to be discovered) but demand will shift to bitcoin/crypto for obvious reasons. bye bye gold

so pay with crypto tokens backed by gold (like digixgold)

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gold backed coins are only created to reduce cryptos price volatility. After a reset, volatility will reduce when mass adoption happens and at the same time gold will be worth alot less making a gold backed coin unnecessary. If I own a gold backed coin I can redeem it for gold but nobody will want gold because something better has come along

> How to asteroid mine
> Pull a PM-rich asteroid into Earth's orbit
> The world will let some Billionaire risk a meteor striking us so he can become a Trillionaire

>If I own a gold backed coin I can redeem it for gold
trusting a centralized service in the crpytosphere...
i hope you faggots are not seriously doing that!

that is almost guaranteed if btc lives long enough.

reminder to sage and hide these stupid communist threads

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I too stack silver and gold, but they always find more stuff. in this 70's they thought we would be out of oil by the 80's. Plus this could know where more is but to create an artificial shortage they wont disclose it.

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I don't believe I'll be here during a shtf, but do you really think your going to be able to charge your phone to get into your wallet when everyone is starving and pillaging

>Dat reddit spacing
>Dat predictable goldbug REEEEEEEEE that his idol is questioned.

If you have Gold and no bullets, and I have bullets & no Gold, I just shoot you and take your Gold. But, if you can grow food maybe I'll trade some of my precious bullets for some of your produce. So at some point maybe we'll start using Gold again, but right out of the gate perishable items required for survival possess far greater value.

Oh and "nobody" trades ammo huh, because they'll automatically rob you? So that's why gun shops don't sell ammo eh, damn, now I know. Look, I get that you're a larping faggot, but try to understand that reality isn't a vidya game.