The Banksters are going to stop manipulating the price of gold and silver and let that run wild. This will draw the attention of normie money and it will come rushing in like it did with bitcoin but 10,000x since there is only Gold or Silver to really worry about (banksters aren't worried about platinium and palladium). This will be their final push to stop crypto but they will fail. Just warning you guys in advance so you can make money off the literal gold and silver rush that is about to come. take care Veeky Forums
as someone who trades the metals, this larp has peaked my interest
question though: where would the money come from? the stock market?
Isaiah Lewis
Thanks bro. Already bought a fuckton of options on gold and silver miners. I've been anticipating that eventually they would stop suppressing it. I also hold XRP since it's the banker/government coin.
What is your source of information about gold and silver besides basic logic?
There is $90 Trillion in global central bank paper and electronic currency. $590 Trillion in global wealth. The market cap of above-ground silver is currently about $20 billion. There is plenty of money available to push silver to $3000.
Gavin Diaz
Why the fuck would they want to kill crypto when they can have a stake in it?. Besides crypto is "the new thing". Gold and silver is asociated with wall street not with your averige joe, it won't catch on the same way crypto will
Levi Thompson
Nice try Peter Schiff.
Julian James
This, also crypto is alot more easier for the average person to get into. Make an account, buy some eth/btc and send it to exchanges and you have access to almost all cryptos. Much more accessible than having to purchase gold or silver.
Carter Ramirez
>bought eth when it was less than an ounce of silver >now costs as much as an ounce of gold
Jordan Cook
Crypto will bring about a massive run up for silver which will lead to a massive run up for gold. Crypto can 4x silver and hardly even blink doing it.
Robert James
Why is Ron Paul so based?
Jordan Clark
>bought ETH when it was less than a pound of dirt
Camden Carter
>buy my metal shitcoins
Not today Peter.
Cameron Gonzalez
Veeky Forums is a trustworthy insider
Joshua Cooper
I agree. I think alot of people will lock in their crypto profits by buying silver and gold.
Asher Ward
I lock in crypto profits with more crypto.
Levi Foster
just turn gold and silver into cryptos and normies will flock to it
Aucoin and Agcoin, respectively
Michael Walker
I respect Peter Schiff but he doesn't understand why cryptos have value.
No he makes valid points. Particularly the point where he said people aren't buying cryptos to spend cryptos, they're just buying them to get more dollars.
The easiest way is with goldmoney (website that gives you a sort of gold standard) , I have an account there. Also supported by Peter Schiff. I live in switzerland and the euro just kinda fucked the franc, but since i have all my money in gold, i felt so difference
Henry Long
nobody cares about chunks of metal anymore though. older generations are only interested in liquidating their PMs and younger generations don't want to buy a bunch of useless metal when there are already better markets for making a preserving your wealth.
metal is going to lose a lot of mindshare over the next 10-20 years. people will completely stop caring about garbage like silver and start valuing useful metals like lithium, or anything required for technology (gold is too but it's so abundant it doesn't come into play at all.)
Ayden Gonzalez
apmex.com takes bitcoin or fiat, they are the #1 retailer in this market
Carson Gonzalez
Good I can finally dump my bag of rocks onto normies now
Jonathan Gonzalez
What about the people who buy high and sell low?
Brandon Rogers
checkout the multi-generation cup and handle on silver
gotta stop thinking in dollars m8. this era is about to come to a (violent) close
Josiah Gray
Thanks OP, just bought 100 NUGT
Colton Phillips
Same argument can be said about gold and wanting more dollars. You don't own any gold because someone else has custodial custody of your gold. I own all my crypto that I don't store on an exchange.
Xavier Gutierrez
i'd bet the interest on silver will run dry before it ever completes. silver was only useful as a store of value when we still used gold, now gold is relegated to being traded only, and there's no reason to buy silver other than for speculation, and the interest in silver has been going downhill for decades and is showing no reversal.
Juan Evans
So what you're telling me is.. buy DIGIX?
Luis Rivera
I own all my crypto that I store on an exchange I own all my gold that I store inside my asshole.
Do you know how much value you can store in your asshole in the form of a .9999 gold buttplug?
Plus you'll never get any diseases with gold ions diffusing into your bloodstream through your rectal lining.
Gabriel Moore
Of course, but gold doesn't claim to be a new currency of exchange :)
Andrew Robinson
I've used crypto as currency though.
Lucas Fisher
1 % of the population owns 50 % of the wealth. It really doesn't matter what the masses thinks because the masses have no money.
Jason Gomez
How are normies going to buy gold and silver?
Gabriel Cox
There isn't enough silver for even 1 oz per person. People will pay a lot for silver. Potentially a few hundred dollars. $3000 may be high, but at that point the value of the dollar wouldn't be much so its all relative.
Logan Ross
>1 % of the population owns 50 % of the wealth oh look this leftist redditor """"argument"""" again
why does this matter? If the rich gave all of this money away it would just cause inflation and nobody would be better off idiot
Jose Wright
You make it sound simple. I'm new and just want to learn how to buy shitcoins shilled on biz to gamble with. Where can I go to learn?
Christopher Davis
This. I wish more people on this board were aware of this fact.
Alexander Phillips
Comparesilverprices.com
Liam Morales
>The Banksters are going to stop manipulating the price of gold and silver and let that run wild like hell they will there would be no other indicator of central kiking systems' fiatshitcoin failures as evident as the "real" price of PMs they've been manipulating both the price and information fed to the sheep regarding (((inflation))) for so long there's no reason to cease that
Camden Evans
Perhaps they will conclude that allowing gold and silver to rise is preferable to the public investing in cryptos?
Samuel Lopez
I have been in silver since 2013- if any user chooses to buy make sure to buy it in a physical form don't leave it on exchanges or buy storage.
Chase Evans
meant I want to learn to buy shitcoins and crypto. I already have some silver tho
Oliver Moore
but they will when they inherit their parents millions. and i'm not talking about the poor, i'm talking about the generation(s) of young rich people. i just dont see the PM market continuing to grow and expand as much as it has in the past decade or 2.
Isaac Perry
idk man, it's easy enough to obfuscate the origins of PM stacks as is via private sales the focus lately seems to be falling on (((KYC))), (((AML))) and other antisemitic scapegoats
Blake Bell
Goldmoney.com
Brandon Jackson
their prepaid card sounds interesting, kind of like the kinds you can get for bitcoin today but maybe with less risk of them getting shut down? looks like you can fund your account with bitcoin too, so you could just send btc to it, convert to gold and then spend it on the card without the risk that current btc card users get with visa shutting it down.
William Butler
Lmfao that link is sketch as fuck.
Asher Wilson
Any gold marines in the house?
Landon Martin
not a marine but a hodler who accumulated between 2004 and 2009 used some of it as initial into crypto thankfully rebought after crypto profits were made
Eli Cooper
heres a real insider tip for you buddy, my firm is working on a new battery technology that requires silver as one of the component parts. we have just under three times the energy density of current high end smart phone batteries and can recharge 6 times faster. We can run a modern high end smart phone for 24 hours screen on and charge to that capacity in less than 30 minutes. currently in talks with both apple and samsung.. Buy silver, its going to explode, i sold my house and bought $480k just before christmas. I expect to retire in 2020. we have WORKING prototypes and are currently looking at setting up fabs to mass produce.
Robert Young
Where do you work? Nothing been circulating in the eternal memo where I work so far.
Thomas Howard
Silver is the poor mans gold. Also demands a lot of storage.
Xavier Allen
also cancerous VAT slapped on purchases and sales all over EU
Aiden Richardson
Do you not realise how addicted the world has become to batteries? Silver will surpass gold in value within 2 years.
Ayden Campbell
I tend to diversify my investments, so I try to have metals as stability to go along with crypto. I spent about 6k on crypto (worth about 24k now), and have roughly matching amounts of metals. Couple oz. of gold, a couple lbs. of silver, and an oz. of palladium, 1/2 oz. of plat. To be honest, I only invest in crypto as 'play money', as my Roth and 401k get filled first and foremost.
Luke Peterson
It's really not thought, call their customer support. I have an account there, it's great. You must be new to finance
David Parker
I wish he'd been President - we'd all be rich already. I realize now that it was impossible, that we can't have good things until we're rid of the kikes, but I was naive, happy and poor back then.
Jonathan Hernandez
do you use their weird card service? how would you compare the financial anal-probing to crypto exchanges if you've had to go through one?
Luke Powell
Because you believe that grandma trying to sell her family jewelry is what drives the precious metals market. It's not normal people who runs the market, it's the wealthy.
Robert Sanchez
Just buy EGAS and hold it...13mil max supply and the price is sub $0.10 - at $1 it will only be 13mil market cap and even if it turns out to be a scamcoin thats still 10x returns. Take a look@ coinmarketcap.com/currencies/ethgas/
Gavin Morgan
i dont think anyone believes that, but gold really only has interest from the oldest generations, paper gold from some middle aged people today, and the younger generations have basically no interest in it whatsoever. they won't magically start hoarding gold when they get older.
Carson Watson
>I wish he'd been President - we'd all be rich already This feels so fucking horrible.
I hate central banking so fucking much.
the fact all of these cancerous ideologies are growing because the government and federal reserve are destroying the economy is so sickening
commies, nazis, facists all growing
Nathan Thomas
Is there plans to use this battery tech for other applications?
Josiah Richardson
>It's not normal people who runs the market, it's the wealthy. I wasn't talking about investment markets at all
Grayson Phillips
All of the new money pouring into crypto is suddenly going to run to Goldmoney.com? Fucking pajeet
Daniel Lewis
Yes, but it's hard af to leave the country with 1m worth of pms but I can go anywhere in the world and have access to crypto.
Evan King
stop strawmanning so hard you fucking idiot
Christian Wilson
>Buzzwords lmfao, at least learn what they mean before you throw them around.
Matthew Young
none of your posts in this thread have made any sense whatsoever, you're sitting in the corner arguing with yourself
Jose Ramirez
Lol, I'll leave you alone now. Learn to FUD better.
Christopher Perry
It's not about crypto. Gold has already been unleashed. It happened right infront of your eyes but US-economists have zero clue due to being the Feds bitches. You see, the goldbugs are the ones who got it wrong. But not completely. They think it's bad for currency that Nixon ended the goldstandard. And it is. But they don't understand that it is fucking great for GOLD.
Gold on its own, free from currency pegs, is worth much so much more than we tend to think. They tell you: Gold has no use anymore because the currency isn't pegged. But why do Central Banks still stockpile it? Why do China and Russia buy hand over fist?
Because beginning with the introduction of the Euro CBs moved to a new system. Gold was set free to be used as the store of value it is. It's not being misused as a currency anymore, it's just Gold again. They are making sure of that by marking their gold reserves to market every quater. Look at the ECBs balance sheet. What's the fucking first item? It's gold. China and Russia already moved to the new system.
Now check out the Gold chart and tell me when the bullmarket started. Exactly when the Euro was introduced? Hm.
Yes Gold will steal some of cryptos thunder but it's not some evil plan by the bankers. It was always going to happen.
Jace Bennett
>quantitative easing commodities
James Ramirez
There is always money for jdst
Asher Nelson
I can't wait for the cancer that is € to fail and it will when GFC2: electric boogaloo hits or if people start voting against communism the former is more likely desu
James Richardson
I don't see it happening. I am aware, and as I said, what normal people think are completely irrelevant in this matter.
Hudson Richardson
Allowing gold and silver (and XRP) to absorb trillions of dollars is the undoing of the quantitative easing. It's how they will reset the system without defaulting on all the debt.
Sebastian Johnson
not even the same person you were talking to. welcome to Veeky Forums, we have IDs here.
it already is, interest in PMs is already dropping
xrp is a really bad example because it's more like the USD and less like a cryptocurrency like bitcoin
Kayden Long
> XRP is an important tool of the global financial elite. Don't even compare it to other cryptos. They will use it as a foundation for the new system.
Nolan Adams
Accidental green text
James Bell
did you really buy into that late-adopter pump shit? xrp is advertising for ripple's private networks they're trying to sell to banks and other companies.
the "financial elite" have absolutely no reason to ever buy into xrp, which is why you've never heard even rumours of them doing so.
Leo Powell
Gold and silver going up means recession. Very possible after fed interest rate rise and fed balance sheet unwind and bond bubble pop.
Samuel Adams
they'll be more interest, but i bet it won't be able to reach the hype around 2008
Isaiah Butler
I bought into it because it's the one crypto that does the opposite of what all the other cryptos do. The fact that it complies with all financial laws and regulations means banks and corporations have a high likelihood of using it.
But like I said, none of that matters. Money is all that matters. Millennial or not, it's what the money wants that drives the market.
Samuel Wood
Gold is already in a bubble, it'll be '79 - '80 all over again.
Caleb Morgan
>gold is in a bubble You are retarded or ignorant. It's the fucking USD that's lost its purchasing power, not gold.
Jose Gonzalez
>priced in the ultimate shitcoin
Ryan Powell
While it's true that fiat is a shitcoin it's also true that profitable mines are shut down so supply doesn't outstrip demand. I spent 2 years on a gold mine and another 3 in titanium, I saw more market manipulation there than in crypto.
Jaxson Cruz
Can somebody explain why people continue to speculate on the value of gold and silver? The only reason people buy gold is with the expectation that somebody else will eventually buy it off them for more than they paid. Do people just not care? Is it hard wired into our brains by now to be attracted to gold?
Jackson Barnes
What's your opinion on silver? Gold already has a 7 $trillion market cap, so can see the argument for it having less upside.
Lucas Price
it's not just that, people have gotten wise to the central kiking systems covertly expropriating their hard-earned money and seek stores of value that hold over time
Henry Foster
Once the EMP shockwave blast hits the server farms and all electric and digital devices, your and mine crypto will be toast. The gold will still be here
Wyatt Butler
you don't get it but you will understand when you see it