Investing in Gold

Hey anons, how do you feel about investing in gold and silver? Is it just a jew meme or is it a feasable way to prepare for an inevitable economic crash? thoughts?

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Invest in legalizing incest and you'll get much more $

explain what the downside is besides jew nonsense. You put your money into something immune to inflation so if your countries stock market crashes you can move somewhere else with the gold you bought

Invest in good businesses that offer good products made locally.
Invest in community programs . Specifically targeted to youth. Community preparedness, and quality infrastructure.

This is best way to prepare for economic crash.

If not then the most valuable commodities before the big crash, the final crash would be water and oil.

thanks user, this actually makes a lot of sense

There's no ''deals'' there's no ''best investment''. You have to invest like a conglomerate, be diversified. I'm 100% in real estate right now and I'm afraid it will eventually blow up in my face so my next step is gold. After I reach a reasonable amount of gold stored I'll go somewhere else and so on.

I guess you could have gold if you're rich as fuck but even a 1 oz gold coin is like having a $10,000 bill if the economic was to collapse so it's kind of pointless because how could you spend that? You need smaller denominations. If you're preparing for the hypothetical collapse of the dollar then you want 1oz silver coins and you don't need that many. A good rule of thumb is 1oz of silver will secure food for one person for one month during hyperinflation and total collapse of a currency.

Invest in lead faggot

This first, and guns to use it.
But later on you can ask how to get in to gold and silver.

>flag
>advocates incest
checks out

The paper faces in your wallet are a jew meme. Gold and silver are real money.

I'll have to look into it a lot more. I'm just really afraid of the stocks crashing in a few years because if Bernie or someone gets into office everyone is gonna bail. I don't know how bad it would be or if it would even happen so I might just make it a 25/75 deal, puting some in silver and a few local ventures but keeping the majority of it in my savings

Once harriet tubman gets on the 10 the whole bill system will crash because no one wants to touch a nigger, so we gotta prep

Just don't keep gold or silver in the bank if you do buy some because the government has made it illegal to own in the past so they could legally steal it from people. Look it up.

Buy Barrick Gold stock on robin hood. Owning physical gold is dumb, risk of theft and if shit really hits the fan you want guns not gold.

based, and definitely true. I already have an m4 and I was looking to get some sort of handgun as well

That why it's kind of pointless to invest shit tons of money in gold for the purpose of multiplying your wealth many time over in the case of total economic collapse unless you have a big ass safe to guard it the government will take it. And even if you can guard it you cant buy even a 1oz gold coin legally without the government knowing about it, go to a pawn shop and try to buy one, shit has to be registered just like a gun. So they will come take it from you regardless if you buy it legally.

Well yeah, the last place you want any sort of capital during an economic crash is a bank

>investing in boomer rocks while they're manipulated indefinitely with gold never breaking $2000 or silver breaking $20 unless fiat completely and utterly collapses to which you won't even be able cash out your rocks for now worthless paper

Boomer rocks were scientifically engineered to be the perfect hold for bag holder technology.

I bought some gold and silver a few months ago, its a form of security for your saving, Instead of having your money in a savings account

>boomer rocks
>worthless paper
Please enlighten us with your superior currency user

Shitcoins that you convert back into fiat which you then buy income producing assets and then you purchase your homestead in fly over country with plenty of guns and live the good life

do it.
way better than relying on jew paper money.

I was also looking into having some sort of fail-safe cabin off the grid to farm on with me and fiance. She's redpilled and supports it of course, but I wasn't exactly sure how to save for it. I have a pretty nice income and I can probably afford to build it with me and some friends over a few years. Not sure if I want to put those savings in gold so if the crash happens my plan won't be ruined; some late context to the thread

It's good to have some gold and silver around.

I purchased some silver earlier this year at 14 bucks. Right now it's around 15.30. It will continue to fluctuate but I expect it to return to 18.50+ levels sometime in the next 18 months. I may sell a bit then. But mostly I'm fine holding more long term.

Some places tax gold/silver purchases, others don't. Don't buy it from anywhere where you need to pay sales tax on the purchase, because that's dumb.

But as this guy said Obviously gold and silver are not money makers, they're money preservers. If you owned all or part of a metal shop with working equipment, or a lumberyard, or an auto-repair shop that's a real business and can make real money even as things become stable, Remember, during tough economic times people tend to focus more on repair and maintenance rather than acquisition of the shiny and new.

Very helpful, thanks. I'm focused more on preservation than any sort of profit, but I'll certainly take the advice of investing in local businesses of that general nature