Name a worse investment than gold and silver.
>doesn't hedge well against inflation
>it is not a store of value
>constantly plummets in value despite sky-high inflation and other macroeconomics events like the war in Ukraine.
>has no industrial application apart from jewellery
crypto
It's not even an investment.
Only good if there was an actual collapse. More like an insurance then investments
buttcoin
All those reasons are why it's GOAT to sell options against
>>has no industrial application apart from jewellery
Objectively incorrect
automobiles
AH HAHA HE SHSHHAHAH AS GAA
THIS NIGGA TYPING ON A GODDAMN COMPUTER AND HE DOESN'T KNOW WHAT GOLD IS USED FOR
motherfucker wew
>has no industrial application apart from jewellery
... he furiously typed on a screen made from silver, glass, and gold
counter argument: antique cars
worse investment would probably be cash
>has no industrial application apart from jewellery
i dont think precious metals are particularly good investments but this is straight up not true
although most of the value isnt derived from industrial application they do have important application and value because of it
but still i would only buy gold and silver if i was really rich and just wanted a hoard of shiny rocks which i think is probably a big reason why the people that collect it do because it really is more like a collection than an investment - most of them never sell
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i fucking hate this board
>doesn't know when to rotate assets, always hodls
ishygddt
Silver is the best bet for the great reset:
They will collapse the dollar and you'll have inflation protection and a store of value and worst case can buy some food at the farmer with shiny rocks
Silver is used for smartphones, 5G tower, satelites, solar panels, medical tech, robots and all electronics
Silver is antibacterial and can be used for water purification
If they create CBDC the black/grey market will grow: silver (and monero) are great anyonymous currencies
If we go back to gold backed currency you'll have buying power immediately
Except every chip and processor that exists, are you clinically retarded?
There are also lab-grown diamonds that are just as hard and beautiful as natural diamonds, but natural diamonds are way higher price simply cuz they're finite, just like gold.
>stablecoins
A constantly inflating mirror of fiat, with additional rugpull risk, for no extra reward or growth whatsoever.
>he doesn't know what wall street has done to silver for the last 50 years