GOLD

i hope so buddy. you'll always have a couch to sleep on

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thanks fren

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I’m hoping that we wait a few months to moon, I only started having disposable income a few weeks ago and as such only have 17 Ounces of silver in bullion and bars if we can stay under $20 an Ounce for a few months until I get a couple hundred ounces saved up I’ll be ready to moon and return to the 15/1 Gold-Silver ratio
It’s inevitable

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asset for old boomers

need to wait 5 years to get 3% profit, rotf

>if we can stay under $20 an Ounce for a few months
this is my real hopes too user. the premiums just go up as price has declined

Precious metals are worse for a quick get but better for long term reliability
Silver is do to explode upwards
It will rise up and stabilize at 75 an Ounce in the early 2020s

Yeah that’s the shit part
That’s why it’s better to by in larger quantities if you can to get a discount on the premium
What website do you order from? Or do you use a local dealer?
I use JMbullion

and BTC will be at 100K at the end of 2020. Why losing your time buying shinny rocks?

in the next 5 years, money that was use to buy gold will go to BTC instead. Expect Gold to go down at least 40% and BTC to explode

but gold and silver is literally used in the parts that you use to mine and trade BTC.........

i try not to be too loyal and go where the deals are.
my local dealers are meh. online ive bought from most, SD is good and i like jm too. i try to only buy by the tube or if junk at least $10 face

yeah thats why it will still have some value, but all the investors that were buying gold as a 'store of value' will leave to send their money in BTC instead. BRC will become the new gold as a store of value. Its already started in fact, so just imagine in 5-10 years from now...

Don’t count on that man, BitCoin has no inherent value, it’s an electronic fiat currency, the fact that it isn’t tethered to a government makes it even more volatile and the risk of government intervention or electronic failure shutting it down is uncomfortably high

Hey grandpa fuck off with your 1900's logic. We are the future

BitCoin’s lack of inherent worth outside of being an electric fiat currency ensures that it will never take the place of precious metals

The future Enron

no matter how hard they tried, or they will try, Bitcoin is unstoppable. Government cant do shit against it, and they know it, and are freaking out already lol

electronic failure? lol WTF man.

I have 29 ounces (AU) stashed from hand mining last summer and another 10 so far this season. I am on the fence if I should go and buy a few more silver bullion bars.

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>stay under $20 an Ounce for a few months
that's all I'm hoping for too fren

It’s already illegal in a multitude of countries and will without doubt become illegal in more
Western Governments haven’t tried to shut it down yet, when they do try, which they inevitably will, they will succeed, in at least making it illegal
And yes electronic failure, all things relying on the internet can glitch out or be hacked into, and in a shit hitting the fan scenario you would not be able to access BitCoin or any other crypto

ok you clearly dont know shit about how it works.

* internet can glitch...lol omg
* 2xLOL : government will make it illegal, lolll
and dont worry, i own my PK, so impossible to hack.

ok boomer, good luck with your shiny rocks.

at least I didnt buy my shiny rocks

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No it won’t. In fact I bet you btc is still under 20k by then

But silver will be over a $100 guaranteed.

Stay poor zoomers

>stay poor zoomers

kek. go play with your shiny rocks you boomer faggot. go get colitis of the anus.

congrats that will worth 20$ in 5 years

I sure do with I had gotten back in when gold went down under $1100 per ounce like four years ago.

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Could sell the nuggets to a jeweler any time for an easy $3000. I sell all the small gold I find though.

this post is more manly the all of Jow Forums

ALL HAIL THE PENTACOIN

IT KEEPS GOING UP AAAAAAAAAAAAAHHHHHHHHHHHHHHHHH

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I bought a thousand shares of TVIX an hour before 4PM ET.

How much will I gain on market open?

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I dont know if I should, but I feel like this might be the time to start buying into some penny stock exploration companies. With gold / silver going up a ton of small companies will be looking for investment in their properties since they might be economic to work now.

What do you guys think?

Going to hit 100 in early 2020

no joke we dont actually have a lot of new silver mines opening up at the moment. Most of it comes from large scale copper / gold mines as a by product, but global demand for silver is rising and soon could outstrip production.

If you buy good you buy the physical thing or some sort of stock in an asset tracker?

gold is for retards lol

It already outstrips production, above ground reserves and been declining for many years now

Golds worth as a store of worth is its durability and scarcity. Not jewelry. It’s durability also makes it useful for jewelry.
Why don’t people hoard steel? Because it’s less durable, it corrodes. Gold doesn’t.

Crypto is more durable, more stable supply, and easier to exchange.

Crypto is the perfect wealth store.

Wealthy investors will hold both precious metals and cryptos for diversity.

buy the physical metal not the fake paper bullshit.

which is why we need more mines, and to do that junior companies need investors. Now would probably be the best time to put some money in with a few small exploration firms.

No.

Governments will embrace it so they can tax it.

All the exchanges making profit = tax revenue.

All the people selling capital gains = tax revenue out of inflation.

Governments would be leaving potentially billions or trillions in tax revenues on the table if they outlawed it.

Theynwill simply regulate the crap out of it so you can use it but can’t escape taxes.

Point 2)
Gold is also useless if power grid collapses.
Governments have also outlawed the private ownership of gold in the past.

Jesus just when you thought this board couldn’t get any more fucking gay

Big money knows things we don't.
They are getting out and into gold.
This is only the beginning.
Buy BTC/Gold/Sliver

the government would have a way easier time collecting taxes if they just taxed crypto trades flat and had exchanges collect them per trade. they can't expect normies and autists to record thousands of trades made per year

Highs will pass 30k by 2020. Demand is there for it. Halving will cause miners to hold coins dropping available new coins to less than half, but fixed demand of monthly investors.

>illegal
but they can't regulate it
it's impossible lmao
good luck trying to track people using it
can you imagine something as fucking inoperative as a government trying to dabble in cryptography
L M A O

SILVER IS UNDERGOING A PHYSICAL HALVENING
SOLAR PANELS ARE A MEME AND YET THEY ALONE ARE CURRENTLY USING 10% OF ALL THE SILVER THAT COMES OUT OF THE EARTH
FUCKING WAKE UP Jow Forums

Gold idea, write your representatives.

Exchanges will record trades and spit out a list and taxes owed every year.
It’s not that hard.

What is more difficult is someone who buys bitcoin at 25 different price points then spends it on pizza and shoes. What is the cost basis? Can he record a loss and tax savings?

Exemption for exchanges below certain amount could make it a lot easier.

its not just "green" tech using silver. Were going to need a shit ton of it in the medical field soon as a disinfectant as it kills almost everything microscopic on contact. Silver is artificially kept low value so that big tech and heavy industry prices dont sky rocket.

They already are tracking the ledgers and exchanges sharing user info with IRS. If they can’t wnforce the taxes they will kill it, but they can track it and will be able to enforce it.

if youre talking about ETH then perhaps. ETH has more functionality and (soon) practical use (once its applied to businesses for cost cutting) and it works just as good as store of value/medium of exchange (and better with plasma) so yea ETH is just as good if not better than gold

>ELECTRONIC FIAT

shut the fuck up boomer

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Hello gayboys, I have discovered an exploit days ago that already made me more than 0.65BTC

But before you use there is one rule:

>don't use it more than 3 times a day, or it will get patched faster

Access the link below, scroll down and watch the video for explanation on how to use and proof of the system working.

Here is the link generator: bitcoin-generator.getforge DOT io

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have this + just bought 5 oz platinum, nigger but platinum holy shit, its at a 16 year low

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you dont need inherent value for a trading medium, just agreement to use that medium. surely you can see the difference between a tool used to trade valuable things, and valuable things being traded.

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>tfw only have 155 grams of gold

fuck

got to start somewhere

lol just buy the ETF -- IAU is better than GLD, lower expense. Holding some gold is fine, but only to protect against a Venezuela-type situation. You'll pay a premium to buy physical and sell physical, so if you want to actually profit off the coming stock collapse and just hedge against inflation, grab ETF shares. Liquidity is everything, unless you're all-in on doomsday, in which case I hope you're stocking guns and food too. (You actually should have some prep supplies, just don't go full boomer and lose your mind over it.)

thats like 8% in boomer gains

This guy gets it.
Plus no chance of getting fake chinese counterfeits or getting ripped off.
Physical gold has it's place, but ETF's make buying and selling a lot easier.

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Inherent value doesn’t mean jack. This isnt the 1950s.
Tesla should be bankrupt and doesnt offer anything that the other car manufacturers cant offer other than an eccentric CEO and yet its stock is well over $200 and its market cap is comparable to freaking Ford.

All you guys obsessing about muh value have no idea how the modern market works. An asset has value because its investors believe it to have value, not because it actually necessairly has inherent value or not