This will never be worth $0.00 Edition
Precious Metals General /PMG/
Bentley Peterson
Other urls found in this thread:
justice.gov
twitter.com
Angel Ward
Those are nice gold coins.
Cameron Clark
Just want to let you guys know, that even though I am a college student without a consistent income I went and bought 3 Oz generic coins only 95 cents above spot price. Might buy more depending on how much I earn doing yard work for neighborhood boomers.
My goal is to eventually buy the encased 1 Kilo panda round.
Dylan Edwards
gold doesnt yield any income
Hunter Wright
Neither does link or bitcoin, unless you mine it in China.
Levi Adams
It doesnt lose value overnight either.
Cooper Cox
Big bust for manipulation of PM markets. You can read the indictments at the bottom of this link:
justice.gov
Christian Edwards
Thanks
Justin Myers
I converted all my silver to gold eagles and am happy I did.
Ayden Morris
why do you assume he's talking about crypto? Do you even have an argument against bonds/real estate?
Oliver Moore
neither does currency in a bank account during NIRP and ZiRP.
Evan Torres
NIRP Bonds are a thing.
Real estate.....2008 ring a bell?
Blake Watson
>what is a safe haven asset?
Jason Walker
I think silver went up more by percentage than gold in previous crises
Xavier Taylor
Neither does USD in any savings vehicle after accounting for inflation.
Cooper Scott
Indeed.
Brody Sanchez
should i stack 1/10 gold eagles or 1oz ASE first? okay i already started stacking silver but going forward
Xavier Hall
also is it okay to ignore fluctuations and dca in if i intend to hold it until a financial crisis hits?
Matthew Anderson
Why not both?
I try to be more silver heavy, but I do like those 1/10 gold coins.
Angel Williams
1/10 oz gold coins generally rape you with how much above spot price you pay. I'd personally stick to 1 oz gold coins, or 1 kilo silver bars if you just can't afford to go with gold.
Jonathan Allen
It's going straight to zero once I find the philosophers stone
Jose Williams
literally one of the 3 rules. king bradorey is gonna have your ass
Carson Nguyen
precious metals are hedge for your income generating assets
Robert Thomas
1/4 oz man
and maybe look at platinum
Brayden Turner
Bond interest rates are declining, and the fact is that eventually the US will have to pay back trillions of dollars of debt which it can't. So either I as a citizen get screwed, or I as a bond holder get screwed. That's assuming they don't just keep increasing the debt ceiling.
As far as real estate goes, there's still boomers trying to sell their homes at inflated prices pretending that the housing bubble hasn't already burst. I do however intend to buy land for non-financial reasons for my hobbies.
Ian Flores
"Wishes and rainbows" needs to be mandatory reading. We're on the road to roota boys
Christian Peterson
It does if you use it in the manufacture of an asteroid mining probe
Wyatt Young
extremely bullish
John Brown
Who could possibly collect on the debt? Their vassal states?
Carter Gomez
debt is the plan. we have to destroy this system to move forward with sound money
Anthony Harris
1 oz gold all the way. Smallest buy sell spread of almost anything yet small to carry, store. Easiest thing to liquidate. A bit of 1/10 ounce just to get small money in the future. But your big holdings should be 100% in 1 oz. Your future self will be happy.
Mason Jackson
Are bigger sizes unfeasible with government branding?
I know for silver 100oz is the max with government branding without shit like people drilling your bars, and 10oz for generics. Does gold work the same by a magnitude less?
Benjamin Sullivan
My 2020 1 oz gold rat is arriving this week. Pretty excited.
Samuel Anderson
Does anyone here collect coins from older civilizations?
Ian Allen
for the national debt
maybe some reparations are owed