Cash out to usd or nah?

Why would you buy real estate in a country that's collapsing?

no user i was here watching them grow

Stupid. Stocks are overvalued because of criminally suppressed interest rates. He'd be better off gambling s million at the roulette wheel than putting it in stocks.

OP - pro advice..... cash out 1/3rd. Put it into gold and silver coins. Cuz dollar crisis is coming. And that's where you'll really make it when gold is revalued much higher one day and the deflationary collapse of all asset prices occurs. You'll be able to buy a small town with that much gold.

Also.... when you have that much in real money... it won't matter what happens to the 2 million you have left in crypto because you'll be securely hedged

>You'll be able to buy a small town with that much gold.
Wrong...wrong on so many levels. Gold is near to constant in purchasing power. Only because Fiat popps doesn't mean you can buy more stuff with gold. You will be able to buy the exact same goods aka store of value.

>Random numbers on a random app.

I am watching it with my own eyes!!!!

>pro advice

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Exactly... you wait for the deflationary collapse of all asset prices. Then a few ounces of gold (converted to the new currency) will buy you a mansion.

Now imagine have 1 million in gold and what you'll be able to buy

>Now imagine have 1 million in gold and what you'll be able to buy

The exact same thing you can buy right now with gold.

Imagine what you can buy with fiat after the pop? Not even a fucking bread

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yeah, i don't know if it's the same now but cuckfolio didn't used to retroactively chart, that's what goys used to post, and with my own eyes was ETH rocketing hundreds of times followed by massive pops everywhere so wasn't exactly hard to believe.

this.

Not wrong. Remember the bellcap at the hotel in Weimar Republic in Germany who had 25 ounces saved up and after hyperinflation was able to buy a city block.

Silver is even a better hedge after a deflation crash. A days wage for. Out of human history and even in America a couple hundred years ago was a silver piece the size of a silver dime. Today tho there is a lot less silver available and billions more people.

So when it all shakes out that silver dime will be worth 3-7- days worth of work. So 10k in silver right now will probably be generational wealth.

You see it now in Venezuela. 1 oz of silver buys you 4 months worth of food on the black market. The dollar value of silver is 17$. 17$ barely buys lunch for two at Taco Bell. Which just proves how badly the Jews are screwing us because once that paper fails the true value of real money is unleashed

What is the entire point of buying gold and silver? So you can massively gain when it is undervalued compared to other real assets... as it is right now.

A normal dow to gold ratio is 4 to 1

Right now that ratio is like 23 to 1

You aren't buying gold to maintain your wealth in a world that's massively overinflated. When fiat collapses you aren't going to be just plugging along like you are right now paying your 2k a month mortgage while nobody else can even afford gas and good. Your going to be the person picking up assets for super cheap. That's how it works

>You see it now in Venezuela. 1 oz of silver buys you 4 months worth of food on the black market. The dollar value of silver is 17$. 17$ barely buys lunch for two at Taco Bell. Which just proves how badly the Jews are screwing us because once that paper fails the true value of real money is unleashed

Interesting. Have to dig into that. Mostly because people don't trust in fiat anymore and that's why nobody is accepting it, classic demand and supply. I don't see a possibility to buyhard assets like real estate with overvalued gold tho.

Just for my interest ..how many ounces are you holding? What's your gold / silver ratio of your portfolio?

mmm

>what is central banking
Western property prices are artificially inflated along with the fiat that backs it you dense 10yo spergs.
Gold and silver are the perfect hedge against over inflated property backed by cheap fiat.
Unless you bought property before the current bubble, you're fucked kek

Doesn't explain why the purchasing value of gold should rise all of the sudden, it is near to constant over 2000 years... obviously it is a hedge, but to be able to buy a whole city with gold makes no sense

>but to be able to buy a whole city with gold makes no sense
Pretty sure that over-exaggerating was intended
Just check out gold and silver prices during the 2008 recession, and then take a look at the property prices at around that same time.
Note: Property price demand didn't increase the same way that precious commodity prices did

felix?

Think of it this way....

An avg American insurance salesman is probably making 150$ per day... which equals about 10 ounces of silver per day when converted to silver.

10 ounces of silver for doing work of no real value to society. Remember... a days wage for most of history and even today in underdeveloped worlds where they are actually producing shit was and is equivalent to about a silver dime.

So that insurance salesmen is making like 140 times what a days wage has been throughout human history. When that reversal happens. Those who have even just 500 ounces of silver are going to absolutely kill it

Yeah, as in gold holds its value as the value of everything else goes down. Gold will buy more in a dollar collapse scenario. That what store of value means brainlet. The fucking absolute state.