Crypto currencies

Reminder that Precious Metals are not an investment, they are a hedge against inflation

14 Gold bullions
45 kg of Silver

And by manipulated you mean over valued? Nah, they undervalued.
So when the manipulation ceases, I stand to make a very large profit.

Cant see where any sane person, or even a cryptofag could disagree.
You just mad bro

Data is not physical in the sense you think. It's merely a collection of information and information is merely a field measuring states like entropy. Physical but not tangible. The 1's and 0's are completely contingent with the whole system and does not exist outside of it, unlike gold

>when the manipulation ceases,
Why would it ever cease?
Why would they let you win?
Why are you such a faggot?

I actually sold (and later re-bought) 200g of gold as my starting investment into crypto and thank god it was in early May that I did that

sitting at a modest but comfy 1kg in various bars

500 lbs of copper

Not a currency, nor are they a good long term store of value.

Crypto is a way to TRANSMIT value to anyone else that agrees to use the same software. It's like a wire transfer that has no institution reserving a value with fiat currency.

You can take advantage of low prices and hang on to them, but guess fucking what? It's risky. Just like you'd expect from any market that's instant and resides entirely on the internet with absolutely no trading regulations of any kind.

how's the price these days? I remember ATH when I took all the copper I had laying around my garage and exchanged it for two full tanks' worth of petrol (yuropoor overtaxed kind)

>Why would they let you win?
>Implying Illuminati

I could just leave it there

But nah, banks and institutions make tones of money off this type of market manipulation, but it wont last forever. Our government will go socialist one day and it will be stopped.

Silver mines are also producing less and less silver, so the manipulation of silver specifically is about to be forced into a true value.

Why u so ignant?

I'm sypathetic to your argument OP but when things go sideways what you really need is guns and fresh water supply.

Shiny rocks might work, might not but your stash will probably just be stolen by mad max style bandits harsh truth

Where do you live?

Gold and silver
>protons, neutrons, and electrons
>low melting point; highly manipulable
WHO HERE STACKS MICROSCOPIC ANTIMATTER DEPOSITS
I don't case about you short selling chunks of baryonic matter, I wanna know who here own physical antimatter?
How much do you own? Picograms? Yoctograms?
Whatchu annihilating?

>be me
>patrician antimatter hodlers master race
>69 picograms of antineutrons
>420 picograms of positrons
>2 micrograms of antihelium
And remember kids, if it doesn't annihilate normal matter it's not valuable

You mean your tungsten gold, amaright :^) ?

This is only true to a certain extent, user.
(and by sideways, I assume you mean a SHTF scenario. Collapse of the financial system is not truly a SHTF scenario. Its a fundamental part of SHTF, but by itself, no)

When I talk about gold and silver to people, the SHTF scenario always comes up, and I have to tell them that gold and silver WILL be worthless at the beggining. Gold and Silver will only have value in the context of civilization. If people are fighting each other no, but being people, we will ALWAYS want to rebuild society as fast as we can.
And the minute theres a bit of normalcy, you'll be thankfull you own precious metals

I have 7 oz of gold and 400 oz of silver
It's cool, but I enjoy my 130 bitcoins more

If gold/silver becomes really valuable and bitcoin crashes, that means the internet goes when society collapses/corrects

yeah, pretty much if shtf and you tried to bargain with gold or silver instead of shit i could actually use id just strongarm your shit and kill you since you literally have nothing else to live for but it'd be different if you had a child. ill tell you right now if shtf one of the most valuable things to bargain with is toilet paper (iknow it sounds stupid but just think about it)

Did I just get meme'd?
Am I a meme now?

Im flattered, but this is so unexpected

point taken, I was much more referring to a complete collapse but in a barter situation in low functioning society PM's would be useful for sure

see
>one of the most valuable things to bargain with is toilet paper (iknow it sounds stupid but just think about it)

Goddamn, you're one edgy wannabe /k/omando arent you?
Do you know how much space toilet paper takes up? Its a luxury dude, and a lesser luxury at that. Dirty rags and clothes will be plentiful in your distopian fantasy world, just use those and toss it next to all the other shit lying around
The space it takes for a year supply is huge, and absolutly of set the "many negatives" of using leaf

But I guess thats not what they tell you on youtube

booze knowing how to make booze is valuable
I have pot seeds and mushroom spores in my bug out bag
raiding a pharmacy would be smart or having first aid kits prepared

have fun with potentially using poison ivy to wipe your ass

Agreed, but can we please not turn this into a SHTF thread -_-

fuck

gold and silver are valuable to civilization up until there is a free and functioning internet

SHTF not as valuable
civilization and order very valuable
internet not as valuable

Leaves of three, my dood. That shit is common knowledge

Fun fact though, Im not allergic to urushiol, so I could wipe with it if I really wanted to

I've started buying gold and silver with bitcoin when it was between 2800-3000. Giving the current price of bitcoin, I made a smart decision.

i starting buying gold with bitcoin when it was around 250-300
I think bitcoin will be back above 2900 but it's smart to diversify

>implying gold and silver are not regulated

you got much to learn, child

however I do own a bit of physical gold

>intrinsic value
>literally owning rocks

prove it post pictures with address and social

heres me whith my stash user

>rocks
lol, I see a lack of science education here
JK, its just a gross oversimplification

These "rocks" come from meteors and long dead stars, there will never be any more of these "rocks" added to this planet. These "rocks" are incredibly rare, and have been valued since the dawn of civilization

Silver is also the one of the most used industrial products, second only to crude oil. If thats not intruinsic value, idk what is

Nice try though

Another reason why I did it. I figure investing in bitcoin, gold, and silver will be smart for a long term savings since I hate the banks and fiat.

Gold, silver, bitcoin, all the same catagory of highly specialized commodities that have pretenses to being """money""".

They're not money, silver, gold, bitcoin on their own are basically worthless in a modern society, they still hold high value because fiat currencies have, at the time, a lapse.

Fiat currencies, especially the USD are backed by globally traded currencies, hence the term 'petroldollar' since all commodities from corn to oil to gold are purchased in USD.

If you can't buy gold or silver and only have access to the Internet, there is bit-coin.

All things that have values placed on them far beyond their utilitarian uses, like plating pins on a microchip or as a transaction medium for a drug deal or a tax evasion scheme against a government that monitors individual bank accounts.

Hard to place a value, since literally any shitty meme-coin can work. Can anybody 'trust' BTC? Can anyone expect the price of gold or silver to remain stable?
Is gold a good store of wealth when it jumps +5% one day and -5% the next?
Better off placing bets on the good-ole' petroldollar, bitches.

>holds on to gold and silver
>waits for socialism
>this is a good idea

I think we just hit /thread right there

>Better off placing bets on the good-ole' petroldollar, bitches.
where you're guaranteed to lose a % each year due to inflation
where you have no say on what the fed sets that % at
where they use it to bail out banks
where the country that enforces it as a global currency is 20 trillion in debt

fiat is all a game and backed by the confidence of a country that isn't confident in its leaders

historically a store of value is something that takes time and work to create and it's limited in quantity
it's true for gold silver and bitcoin

this isn't true what so ever with fiat. It doesn't take time and work to create and it isn't limited in quantity.

are american eagles really worth paying the premium or should I just buy rounds? have 10k I plan to split 50/50 between silver and gold.

>gold
>intrinsic value

inb4 electronics

Tha's all true and it's still better than coins.

One is backed by a huge country, it's entire economy, all of the commodities produced in the world, including gold and old and additionally backed with trillions invested in killing machines and atomic weapons.

The other is backed by a mediocre and outdated encryption method and desperate 3rd world money and ideological nerds on the Internet with no money.

Some how, when the fiat petroldollar collapses, I don't think people will be putting their """money""" into fake Internet hacker money, but rather food, bullets, medicine, ect.

Saying something is rare is not the same thing as saying it has intrinsic value

you know you got a point because the US will simply bully every country into submissoin that tries to trade their oil in a real currency (RIP gaddafi)

they can keep this up for a while I guess

ill still take my chances with gold, silver and the nerds internet money though

what argument is there for gold having intrinsic value that does not also apply to fiat or cryptocurrencies?

What argument is there against fiat and cryptocurrencies having intrinsic value that does not also apply to gold?

(In the context of use as money, gold can of course also be used for some utilitarian purposes in much the same way that paper money can be used as kindling)

One day when everyone is dying of hunger he will have all that gold and silver to eat...

Everyone hold the datas of your bitcoins.
You hold the access to the datas.

Gold doesn't have an intrinsic value either, it's just metal.

I personally own ~67.5 kilos of silver. Accumulated over the span of my life. Reasons ranging from "I like shiny" to "Shit-goes-south tradable commodity".

Half in 1oz and 10oz coins and ingots. A quarter in 100 troy oz ingots. A quarter in various sizes ranging between them.

Is it a money making investment? No. Is it a decent (not perfect) storage of wealth? Yes.

Blockchain is a running, transparent, unmodifiable ledger of whatever information you want to store. That has intrinsic value.

fiat is paper that can be printed ad infinitum.

gold and silver have limited supply, look shiny, have industrial uses, and has been used as a store of wealth since ancient times.

>gold can of course also be used for some utilitarian purposes in much the same way that paper money can be used as kindling)

silver metal is the best thermal and electrical conductor. paper is worth less than a handful of dry leaves.

I'd say buy whatever's cheapest. Look at the premiums when you sell: the dealers pay virtually the same as long as it's recognized. The value is in the metal, not what's stamped on it.

>intrinsic value

Holy shit, imagine not knowing the definition of the word 'intrinsic' but using it anyway.

I too own and recommend precious metals as a hedge against inflation but I also recognize the potential gains that can be made in crypto. Why the fuck would you choose one or the other when you could diversify your assets? You're literally complaining that "My method of gaining wealth is superior" while offering no measurements or data to back your claims.

Stop using English incorrectly for low-tier b8. 3/10 will not reply again.

5.26713 Oz Silver

what the fuck, only buy high prem rounds if you intend to flip sell or collect them.

Bars are the cheapest if you plan to just buy.

Refreshing to see a precious metals thread after Veeky Forums was taken over by meme coins

I've been stockpiling silver rounds and stashing some amongst my allies.

> not establishing your tribe before THSTF

Don't be caught out there alone boys, when the Great Happening occurs you're going to need all the help you can get

I only know one guy who does this and he's a rich friends of my dad's who owns a pretty hardware distribution business. Think he just likes seeing gold stacked on the benches in his walk in gun vault. Swears by it, don't think he's lost any money on it but also don't think he's interested in selling any.

>tech that can revolutionize the way we use money and services
>chunks of metal

Now I believe in the market of precious metals but don't clown yourself pretending we don't just assign the price into it because it's a good/pretty element. Each has it's own problems but you can't deny that the future is headed toward more technology.

Look into the value of diamonds. We all know they're expensive but they actually have just always been overvalued. The reason it doesn't change is because people have just always thought they were expensive since a fuck ton of advertising campaigns since Marilyn Monroe and it's been coasting on that essentially.

I have just over 60oz of Silver

I add to it a couple of ounces per month.

Diversify faggot....why not both.

Why not both?

My grandpa collects thats worthless old relic I think. I on the otherhand and stacking up mad bitcoins. Feelsgoodman. Hows it going down there at 1k$ goldbugs?

Nigga that is bullshit, data is not dependent on any specific hard drive, flash memory or whatever, it is an abstract concept that's only encoded in a physical substrate.

wow investing in something that stays at a consistent price with the value of a dollar.

YOUR GAINS ARE GOING TO BE SO INTENSE!

although, if you are investing in gold because you think the future of fiat is going to become volatile, then kudos to you, friend.

If you are invested to actually make money long term, you should probably change your investment type.

you gonna be suckin gramps off if the Chinks and Russia into gold backed currency. It's artificially held down. Otherwise it would have rocketed like bitcoin did. I say this as both a PM and Crypto stacker. Diversify junior or get raped if your one side of the paradigm egg breaks. People were loosing their shit in '08. I think bitcoin was created because of the shit that happened in '08.

>not just having 2 in one
????

banks been manipulating gold/silver since 1993

its more of an insurance for a SHTF scenario though, theyve been keeping the price down for years now

>since 1993
What? Surely they've been doing it for hundreds of years.

>buying pre accumulated gold whalebags

Please don't fall for this scam people, the whole of the 21st century is a bad time to invest in gold

>not focusing on guns/ammo for SHTF instead of a luxury/industrial metal only useful in civilization
>not diversifying and owning PMs, stocks, and crypto

I own a few ounces of silver as a separate bank account the (((government))) can't devalue

Pic related is my grandmas 1889 Morgan she got waitressing as a teen

if anyone is interested JMBullion accepts BTC for bullion purchases.

What? I dont stack for SHTF i stack for emergencies like the recession we had.

Everyone lost their fucking jobs and those who didn't took a pay cut.

And fucking silver was over $40 in 2010 i believe.
I wish i had silver or gold then would have saved me alot of pain

Cashed out my ETH before the crash at 100k USD.

Thinking of investing about 10 grand into some kind of mineral to store in my little safe. What would be a good long term hold for if the economy crashes somehow?

Depends are you preparing for a recession or the apocalypse?

Guns and bullets and food if apocalypse

Silver is fun to stack because its cheap
its all preference really go with gold if you want to