Gold user from earlier

Yeah I agree.... but I'm just making a point. You can use silver as well in my example

OP and I are going to literally trace your IP and rape your wife

Attached: 1536841249083.jpg (656x644, 261K)

>you sound like a moron millennial who cant get a job
literal boomer detected
you will burn soon

i guess all these companies are just vapor. keep getting salty, because it is coming.

Attached: doesntexist.png (484x359, 43K)

So you want money that has a supply that grows precisely in step with world GDP so that a fixed amount of money always represents a fixed amount of stuff? Would be interesting I guess, but gold certainly won't do that for you.

Commodities (gold is a commodity, not a form of money) are both more volatile and produce less returns than stocks or real estate. You would have to be an idiot to hold them for anything other than short term arbitrage. Comparing it against fiat money which is intended for making short term transactions and not long term storage is only making you look more retarded.

You're going to be jerking off in the corner as we eiffle tower her won't you you little cuck?

Moron. Gold is money and stocks are investments...

If gold isn't money and a store of value then why do people exchange their fiat for it?

Gold isn't supposed to produce returns you brainlet.

When I buy Amazon stock with fiat I'm doing that for a completely different reason than when I go to a coin shop and exchange fiat for gold.

I'm buying Amazon stock because I want more fiat.....

And I'm buying gold because fiat is a scam and I'm worried that the dollar will implode.

Do you see the difference? I'm literally spoonfeeding you.

People used gold and silver to BUY things for centuries and to SAVE. You don't buy shit with stocks and stocks aren't savings

What do you mean gold won't do that for you?

Gold buys you the same amount of shot today as it did 100 and 2,500 years ago.

We got taken off a gold standard for a reason. So the Jews could confiscate our wealth through inflation.

There was no "income inequality" issue under a gold standard. Now that we've been off a gold standard for 50 years "income inequality" is literally a top 2-3 issue

Gold is not money. Can I walk into a grocery store and pay with gold? Can I pay my landlord rent in gold? Can I order something from Amazon in gold? If not, then what is gold good for? You say you want your wealth to hold value right? If I told you 100 years from now you could have a nice suit, or 100 years from now you could have 100 nice suits, which would you rather have? Where does gold come into the equation? Why would anyone pick to buy gold and only be able to afford 1 suit?

>Gold buys you the same amount of shot today as it did 100 and 2,500 years ago
Where the actual fuck did you get that idea? Take a chart of gold/usd and a chart of the usd price of whatever shit you want to buy. You'll find that gold does not buy you a stable amount of anything, and never has.

>And I'm buying gold because fiat is a scam and I'm worried that the dollar will implode.
so fiat is a scam run by jews, but also jews want to destroy it?

>Go to shithole bumfuckatia
>Have to exchange dollars for local currency
>Need to find a place to exchange dollars for currency

>Go to shithole bumfuckatia
>Have to exchange gold for local currency
>Go to any pawn shop/trade with any local

Gold is gold around the world. Dollars/Euros/Lira/Rubble etc. can become worth 2x less in a day. Even more once it hyper inflates. You Americans are lucky because your currency is considered world reserve currency. With shithole currencies it's a lot more difficult to exchange around the world. Unless you've got gold. Gold is a language everyone understands.

pic rel

Attached: dicks.jpg (981x707, 61K)

This chart has been debunked. The data points are definitely wrong.

sdbullion.com/blog/how-much-silver-gold-is-there/

>go to shithole bumfuckatia
>credit card does conversions automatically
>don't get scammed 30% at the pawn shop
>don't get robbed at gunpoint in the streets
Wow, that was hard.

Go(l)d isnt a liquid asset so you cant just go and exchange it for goods or services, the only reason hard cash has any value is because it is liquid, this means it has instrumental value, but not inherent value, there was a time hard cash was backed by go(l)d, that time has passed, now hard cash is backed by a nations USD reserves (mostly), USD is backed by how liquid it is.

that chart cuts out a convenient amount of data for your argument

Attached: Gold_price_in_USD.png (994x645, 60K)

What I tried to imply with my words was that the GOLD is, was and will be the true world currency. The jews are trying hard to brainwash everyone that it's not and steal as much as they can. There are theories that American treasury is empty.

They are printing infinite amounts of fiat with no backing, banks create 2x dollars every time you deposit cash by inputting 100 virtual dollars into your bank account which you use to pay in bumfuckatia, leaving your country with extra 100 cash dollars. Don't get me started on virtual money when you take out a loan and have to pay interest rates thus creating extra fiat and borrowing from the future. If you were to return all American debt you'd run out of available fiat half way through.
You're being enslaved by money. You have to work to eat. Fiat appears out of thin air. Your wages aren't going up. Only your currency purchasing power is going down. The jews will leave America once it's run dry and everyone's in debt to their system. Then they will bring out socialism/communism as the poor people savior. They did this before. They will do it again. Enjoy your life.

Then why has it been money for milennia?

Your valuing gold in terms of worthless fiat.

100 years ago gold bought you a nice suit and still buys you a nice suit today. 20$ bought you a nice suit 100 years ago and that same 20$ doesn't even buy you lunch for two at Taco Bell today.

Brainlet.

There's literally a quote in the Bible saying 1 oz of gold bought you 350 loves of bread 2,500 fucking years ago. If you take that gold ounce to a coin shop you'll get $1200 for it and if you take that 1200$ to a grocery store you can still buy roughly 350 loaves of bread

Why do you keep harping about FIAT this FIAT that? I don't give a shit about FIAT. I keep 3 months of expenses and use it for my day to day transactions. It could drop to 0 for all I care. Gold is still shit compared to assets with actual value.

Money isn't just a medium of exchange you dumbass. It's a unit of account, store of value, scarce, fungible, indestructible, anonymous....basically all the things gold is.

And if money was JUST a medium of exchange..... gold has certainly helped up better than the dollar since you can still buy roughly the same amount of shit today as you could 100 years ago.... can't say the same for the dollar

Why would I only want 1 nice suit when literally anything else besides gold and fiat will give me 100 nice suits? Congratulations! Gold performed better than fiat over the past 100 years. It is the second worst thing you can buy!

Gold isn't liquid? You can literally go to any corner of the planet and exchange gold for fiat.

No you can't. In most places you would simply be robbed at gunpoint on the spot. In civilized countries you would be paying a 20% markup.

woke

>hurr durr a basic conversion from gold/usd*usd/stuff -> gold/stuff doesn't work because fiat is involved
>one data point from the fucking bible shows gold is stable
I know I'm taking a lot for granted, but I literally refuse to believe you're stupid enough to actually think that the same amount of gold has consistently bought you the same amount of any good throughout history

What happens to fiat when it exists against gold? What happens to stocks once crisis hits and dollar inflates?

What happens to fiat when it exists against btc? What happens to shitcoins once btc enters a bear market?

lol this comment just prices how fucking shit tier out public schools are. You don't even understand that gold is an asset that represents wealth.

When you buy ammo that has value as something you use for self defense.

When you buy food food has value as nourishment.

When you have gold it's inherit value that it IS money to PROTECT your wealth you dumb nigger.

If you knew ahead of time hyperinflation would hit next month and you have a million dollars. Your telling me your going to put your entire net worth in canned foods and ammo and medicine? And you aren't going to exchange any of your paper wealth for gold so your savings is protected?

A gold ounce 900 years ago is still that same ounce of gold today. Your so fucking stupid you don't even understand the difference between savings/money and investments.

The fucking issue is WHY are prices RISING?

Nobody is saying don't invest in stocks you stupid nigger.

The issue is why is the dollars I earn losing value? Doesn't mater if you invest in the stock market or not.

Why does a dollar that I put under my bed as savings lost all its value in 100 years?

WHY IS THAT HAPPENING

Stocks outperformed gold by 10x during the Weimar hyperinflation. Real estate was even better. Of course, foreign currencies did better than gold as well. Gold managed to beat Marks. Congratulations! Second to last place! Way to go shiny metals!

Oh.... so your saying I would be robbed for my fucking gold? Why would someone want to rob be for a "useless asset" as you say you unlogical dumb nigger?

You just said gold is a useless asset yet someone is going to want to fuckijg rob me for that? Do you even know how to use your brain and think?

So you would rather have 1 suit than 100 suits? Just how retarded are you? Keep hoarding your gold. Hey! You're beating the dollar! You are not last place! Good for you!

People would also rob you for cash. So I guess cash is just as valuable as gold right????????????

Are you fucking retarded?

Gold is money and stocks are investments.

The dollar value of gold is IRRELEVANT! Did gold all of a sudden become valuable when America was born and the dollar was created? Of course not. So why would you be valuing gold in terms of dollars.

In fact... it's GOLD that gave the dollar its VALUE you dumbass.

When I buy stocks I want to make more fiat.... when I buy gold I'm doing so because we are 20 trillion in debt and the govt is out of control and I want to protect my wealth in a fiat collapse.

That's LITERALLY the entire point of buying gold you moron

We really should have a precious metal general thread that get's maintained daily.

/pmg/ anyone ??

Attached: 1476647728200.png (741x568, 29K)

Did I say it's stupid to invest? Did I say don't make investments in companies? No.

My entire fucking premise is WHY are prices rising? Prices rising don't have shit to do with whether you invest in the stock market and make returns or not.

60 years ago 8$/hour was fantastic income.... today 8$/hour puts you in abject poverty.... WHATS CHANGED?

Yeah but you just said gold is a useless asset. You literally just made a better argument for owning gold than I have in this entire thread.

You said people would rob you for your gold. Yeah your right! Because gold is wealth and real money! That's why they would rob you!

Its fascinating to me. I literally spoonfeeding these dopes with examples and they can't break free from the shitty govt public school and Jew propaganda that has infected their fiat loving brains

Why are you so hung up about FIAT? Stocks are not tied to fiat. Real estate is not tied to FIAT. Just look at any hyperinflation scenarios. If you want gold so badly, the best way to get more is to buy stocks! If you bought the DOW in 1920 for $20 instead of 1 oz of gold, you could buy 100 oz of gold today. If you bought stocks in Germany before the hyperinflation, you would have 10x the amount of gold! Why do you keep talking about FIAT FIAT FIAT FIAT when FIAT doesn't matter? Stocks don't care about FIAT. You can price stocks in GOLD and they still rise in every scenario.

>The issue is why is the dollars I earn losing value?
you could have just googled it. it's not some kind of conspiracy.
investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp
en.wikipedia.org/wiki/Inflation_targeting

I know what's going on.... I'm asking them what they think is going on. Our wealth is being stolen through inflation.

I hear ya. I'm sitting on about 12oz of gold, so I'm pretty comfy right now

>You literally just made a better argument for owning gold than I have in this entire thread.
Sadly true

Ok but you still have to buy gold, right? Just because you 10x your money and can buy 10 times the amount of gold... you still have to have the fucking goldnin your hands right?

I invest in stocks and when I make a good return I put a % into gold. But I still have to buy the actual fucking gold so I have the asset in my possession right???

And what if I say well... I'm going to sell all my gold now and put it in the market and either the stock market collapses or there's an overnight gold revaluation 5 months from now. And I don't get the chance to put it into gold before a paradigm shift happens.

stocks rise in every scenario LOLOLOLOLOL excpet when the jews asset stripped the whole nation and everything of value was destroyed or handed to jews and jew slaves. The global economy collapsed and the biggest loss of wealth in earths history!!!! That was just this fucking decade!!!!!!! GOD DAMNED 14YR OLDS GET OFF OF Jow Forums!

you're not supposed to keep your savings in liquid cash. the primary point of inflation to encourage people to spend of invest.
else you get something like what happened to BTC where everybody is too afraid to spend their coins in case they become one of those headlines where they ate a million dollar pizza.

>When WW1 winners place embargos up your ass and make you pay up so you print shitloads of money to fuck them up and return the reparations, only not fucking up foreign companies. Really makes you THINK.

Also I'm not and no one is saying that if you want to be rich you should invest in gold. We're just saying that gold is the real money accepted worldwide, backed by your ancestors and everyone. Currency gets born, grows up and dies. Gold works like time, currency works like living beings. If you want to be rich stock market is pretty good if you play your cards right. You're obviously comparing shiny rock to stock performance. Of course stocks will win. No doubt about it. But basically gold works like tether. If there's a btc/economical crisis you tether up/buy gold to protect your accumulated wealth. When the crisis passes, you buy 3x the amount of btc/fiat. Now economical cycle is complete. It's safe to buy shitcoins/stocks and make more money. You are talking about hurr duhrrr stocks always outperform stones, even though stocks have to also beat off fiat inflation. If the stock stays at the same price you lost wealth because dollar lost purchasing power.

i get what you’re saying, but go(l)d is an end in and of itself, not a means to an end, so how can it be classed as liquid ? You can only exchange a gold bar for another gold bar.

Over long time lengths it has. If you bought gold in 2011 and have it now.... and sold.... you lost purchasing power BUT that's because the gold price is the manipulated comex paper price... which isn't the real physical price of gold.

There's a lot of naked short selling to keep the price suppressed....

But.... Once I buy I don't care about the dollar price because I'm buying because I understand fiat is a scam.

If gold hits 3k this year all that's happened is dollar got more worthless. That gold ounce is the same despite the dollar price. It's a phantom profit.

Inflation is destruction of wealth.

What the hell do you mean your not supposed to keep your cash (money) in liquid cash? Your literally saying savings is bad?

Why is the govt controlled institutions encouraging investment? But not encouraging savings too? They aren't suppoSed to be involved in this shit. Where does it say in the first constitution that govt is supposed to encourage investment?

Yeah, when gold goes down 50% in a year like in 2014 it doesn't matter and you don't care about the dollar price but when stocks do that signifies an economic collapse. What a riot. What a hypocrite. What a larper. You probably have less than 1lb of gold and think you're some epic revolutionary. How long have you been waiting for the market to collapse to buy it up with your gold? How is that going for you?

No gold is the end. Gold is wealth. If I make 50k profit in dollars in the stock market I still need to cash out and exchange it into real wealth to realize that gain.

I don't care about the dollar price. In fact.... I hope gold drops to 250$ an ounce because that means the govt has become fiscally responsible again.

Your problem is you don't realize a good healthy economy means dropping prices.

If gold goes down to 300$/ounce because of a healthy economy I would love that because that will mean a jimmy johns sandwich chipsnand a drink will be 4$ instead of 12$ like it is today so in real terms you don't lose with gold going down

Sure... the stock market is going up but so is the prices of all assets too so you really aren't making the real gains you think you are making

Gold dropped 50% in 2014, but the prices of sandwiches did not. The value of goods is not tied to gold at all. When gold tanks because China suddenly decided to start mining then you are shit out of luck. But since you're a poor larper no wealth you don't have much to lose.

You want to spend $10k on a used car. If gold goes from 1k to 3k next year and you can still get the same used car (or anything else) for $10k, then your gold has appreciated in value, that's not a phantom profit.

If the car now costs $30k along with everything else tripling because gold has tripled in value, then you're right, that's a phantom profit. Except of course that never fucking happens, because nobody measures prices of goods in gold. The fluctuations of gold's USD price has no relation whatsoever to whether the USD is gaining or losing value, because that's measured against actual goods and services you can buy with your USD and not gold prices. Your argument makes no sense whatsoever.

The only sensible thing you've said in this entire thread is that gold is a hedge against fiat suddenly collapsing.

FED HAS to print FIAT because paper/virtual money gets TRASHED. Oops you fucked up a 100 dollar bill. Need to print one extra to make up for it. Basically there are billion other ways fed floods human market with fiat. If there's shit loads of fiat floating around, everyone has money. Everyone can't be rich because no one's gonna wageslave, system collapses. Instead jews steal your life through fiat and thourgh your hard work through system they created. They don't have to move a finger. As for WHY IS EVERYTHING BECOMING MORE EXPENSIVE. It's simple. I go to the store and see that a cola costs 10 dollars. For me to be able to afford that cola I need to make more money. If I'm a business I will ask more money out of my consumers for the same job/item than I used to so that I could afford that cola and feed my family. Now you're the one getting fucked over as a consumer because I sold you an expensive item/ did an expensive job. You now gotta earn more so that you could feed your family. As to at which point this starts... It's all about greed, but free market should fix it. Basically I can't raise my prices infinitely because no one's gonna buy from me. They will buy from the same business next door who can offer cheaper prices. The problems start when you have monopolies. And fed is the worst monopoly of all with America being the number one monopoly country in the world, controlling the world reserve currency. Which is being controlled by fed. Which is being controlled by rich wealthy fucks who are mostly jews. THEY CREATED THIS SYSTEM. They're pushing consumerist ideas through rap or anything. As long as consumerist wheel keeps on spinning they're winning. Normies and women are too retarded to not want the latest iphone. The true red pill is being a poor minimalist or playing along with the system if you understand how it works.

Attached: images-14.jpg (159x316, 6K)

If gold goes from 1k to 3k in a year that car is going to cost more than 10k a year from now.

Gold is just gold. It is stored economic energy. Doesn't matter if the dollar exists or not.

If dollar disappears from the world tomorrow morning my wealth in gold is completely unaffected.

Yes there is paper price manipulation that fucks with the dollar price of gold in the short term... but I'm not buying gold to sell at a profit for more worthless dollars. I'm buying gold because I want to avoid fakenpapwr wealth

>If gold goes from 1k to 3k in a year that car is going to cost more than 10k a year from now.
No, it won't. Or if it does, that's not likely to have anything to do with gold rising in price, unless your car is made of gold.
>Gold is just gold. It is stored economic energy.
You've gone so far off the deep end with gold mania there's no way back for you. I'm out, have fun with your thread OP.

>What the hell do you mean your not supposed to keep your cash (money) in liquid cash?
you're should want to get the best possible return on your money you can get, and only keep enough liquid cash on hand for daily spending and emergencies.
>Why is the govt controlled institutions encouraging investment? But not encouraging savings too?
investments are savings. whether that be stocks, bonds, or in yourself in the form of education or assets (house, car, etc).
>They aren't suppoSed to be involved in this shit. Where does it say in the first constitution that govt is supposed to encourage investment?
well, paving roads and putting out fires isn't in the constitution either. economic and monetary policy is something the founding fathers had to tackle as well.

Attached: lSoUQr2.jpg (1665x3441, 1.81M)

see

Of course gold fluctuates with usd value.

How much was a footlong subway sub in 1998? How much is it today... now compare the gold prices between now and then

LOL investments are savings.

If I put 1k into Amazon stock and Amazon loses 25% of its value I lost fiat. That isn't savings. Savings you can't lose stocks you can

Since when do we need the govt to pave roads and put out fires?

You think roads can't be paved and fires can't be put out without govt doing it?

Cars aren't savings. Cars are liabilities dude.

Moreover it's the govt that just sub contracts the work out it's not the fucking govt paving the roads

And yes you obv can put your money into investments to get a return but that's different than savings or putting your savings in gold to have real savings.

Your not supposed to have 100% of your wealth in the fucking stock market. Because the dollar can implode and stocks are artificially inflated by cheap money. There's a risk. No risk in gold

Yeah and if you put 1k in gold and it drops 50% that's good for the economy according to you. What a hypocrite.

Bitcoin is the better Gold

Attached: 324E6B2F-0BAB-4BBC-8330-70905DD58116.png (898x448, 154K)

Why wouldn't purchasing power grow? As technology progresses, material goods just get cheaper and cheaper. The price of a car in gold has gone down incredibly, all thanks to the free market. Therefore, you have more power with the same amount of money.

Iam the earlier asteroid mining guy, yes it will happen in the future 100%. Maybe in 50 years maybe later but it will happen

You sound like those people who said humans will never fly.

> Some of you were sayifbin
Buy BCH or KYS. It's happening in 16 hours.

>No risk in gold
en.wikipedia.org/wiki/Price_revolution
>Because the dollar can implode and stocks are artificially inflated by cheap money
where do these conspiracy theories even come from? the same people that are trying to sell you gold?
>LOL investments are savings.
sure, it's confusing that the same word different meanings in different contexts. but in terms of finance, investments bought with the intention of term appreciations are considered savings.

What conspiracy theories? Interest rates were artificially suppressed for the last fricken decade at 0%! 25 years ago if you had told someone we should or would have rates at 0% let alone for an entire decade you would have been put in a straight jacket and thrown in a mental institution.

Not sure where you have been the last decade.

Also.... everyone sells everyone everything. Stock brokers sell you stocks right? Do you say... oh he's just trying to sell me a stock? No you don't.

And at least the gold dealer is selling you a real asset that and physical wealth.

What you don't understand is.... when you but gold you aren't really buying gold... all you are doing is transferring your wealth from worthless paper to an actual store of value. Your in essence becoming your own bank.

You understand that right?

Its gold that gave you the free market. You can't have freedom and prosperity when your currency is a debt instrument. Everyone is in debt up to their eyeballs.

Nobody owns their fucking car they are all making monthly payments.

Don't you see these articles nowadays that like half the country doesn't even have 500$ savings in their bank? Or that they are one emergency away from bankruptcy. Most of the country is living paycheck to paycheck.

Paper price of gold does NOT matter bro. Did gold all of a sudden become valuable when the dollar was created? No. It didn't. It's been money for milennia. So why in the heck would you be valuing gold in terms of worthless fiat paper?

The dollar doesn't give value to gold my friend!

Yes the price is manipulated now because of comex and naked short selling so the price you see is the false paper price.

So if you buy an ounce of gold and are forced to sell because you need to pay bills you can lose fiat that you had initially put into it... BUT.... you are buying gold in the first place because you want wealth and money for when fiat fails and convert to the new currency and make a killing after the deflationary collapse.

Prices aren't dropping at all. There will be a deflationary colllase and that's when you pick up assets for pennies on the dollar for what it cost you to accumulate that gold in the fiat paradigm

>What conspiracy theories?
the idea that inflation is created to steal money and that the dollar is going to implode.
>Interest rates were artificially suppressed for the last fricken decade at 0%
I assume you're referring to the federal fund rate. don't know why you think it's being suppressed, there's no natural interest rate.
>all you are doing is transferring your wealth from worthless paper to an actual store of value
why do you think a rock as more value than paper. governments can control the supply of gold and silver just as they can print money
the period of history when countries needed import more precious metals to increase their money supply as their economies expanded were out right chaos
en.wikipedia.org/wiki/Global_silver_trade_from_the_16th_to_18th_centuries

>Stock brokers sell you stocks right?
also people don't buy stocks through brokers anymore. there's no conflict of interest there

hey goldanon
just answer me one question
how are you going to sell gold to zoomers?

I await your answer

Bump so I can eat my dinner and then come back and read this thread a bit later and laugh at you, OP.

why do people pay for anal toys if its not a stire of value and not money?

gold is a yellow rock that has no value. literal boomertech
prove me wrong you cant

I thought about it too, contain it in one thread up all the time.

The daily PM discussion. Holding a friction of your portfolio in Au and Ag wont hurt anyone. But everyone just thinks in black and white, 0 and 1 systems.

it's not boomer tech it's stone age tech bitcoin is boomer tech

there are 2 types of hardcore shills
> asteroid mining will bring in 1000k tons of silver and gold each year starting 2019 to earth ezpz
and
> CANNED BEANS AND AMMO! EVERYTHING ELSE IS STOOPID!

some % in PM
some % in crypto
some % in stocks / ETFs
some preserved food, weapons and ammo

What is so hard to accept that.
These guys must be paid shills. Else it is pretty sad how they waste their time hating on something they "don't care about".

a fraction is pointless if you like shiny things go ahead but it doesn't matter

Exactly my point. Gold has history and has shown to be a good hedge in financial crises. Should it be treated like an investment? Obviously not...that's

>some % in crypto
>some % in stocks / ETFs

Whatever..this will be another 300 reply thread with back and forward insults