Morons let me explain how mentally retarded you are. Gold is worthless. Gold is worthless in society collapses. Nobody uses gold in Weimar. Nobody uses gold in Venezuela. Nobody "held gold" in Weimar and "got rich" after because physical gold is a scam and nobody will buy it. Nobody uses gold in the Black Death. Nobody used gold when Rome collapsed. All the gold stores are outside the empire because it's useless. The gold standard does not stop wars and the largest war in history was fought in the gold standard. The gold standard died because of the trade deficit, it impairs trade and not the budget deficit. But that's not the point. The point is the stock market simply must die. Boomers live 70 years. 2% of the stock market must be sold every year for estate taxes. It's impossible for the stock market to exceed 50x gdp. Because taxes are half, and yearly fluctuation is half, is impossible for the stock market to exceed 3x gdp or whatever people actually spend. 30% of the economy is healthcare. 10% is finance paid by interest on other things. 10% is retail. 10% is admins. 20% is government. That leaves only 30% of the economy as actual household expenditure. It's simply impossible for the stock market to exceed what people actually spend by a large multiple because estate tax and lawyers must take it when boomers die. Us gdp is 20 trillion. The stock market is 49 trillion and bonds are 46. Real estate is 40 trillion and commercial is 16. All these assets added together are 7x gdp. It's simply impossible for the market to keep growing when the fed is contracting. You will die at last and gold will be worthless. You'll die of peak oil in 6mo. /pmg/ is a retard board and will ignore. >but gold 2000 years That's literally the duration of Jewish influence on the west
Wyatt Hernandez
>First post copypasta post Never change /pmg/, never change. Kek
I have no way of safely storing actual precious metals where I live and paying some custodian is too expensive currently so I'm thinking of buying gold & silver ETFs Since I want stability and a hedge against inflation, I'm currint all the futures and derivatives baseds ETF with their speculative bullshit So what's better, bullion/physical backed ETFs that only buy silver and gold or miners ETFs that have mining companies' stocks? Or is buying actual conpanies' stocks better?
Josiah Ross
if you don't hold it you don't own it
Parker Howard
I'm waiting for my platinum. should arrive Wednesday. 2 kookaburra, or what's his name, and a brittania
They're all good deals. Just wait till November. You'll be thinking back to these good ol' days of low premiums.
Cameron Ortiz
>Estonia is facing the highest inflation in the West >Estonia will be forced by the EU to tax Silver in a Couple Weeks, making it harder for Estonians to flee their failing currency Why can't Estonians catch a break?
Same shill post as last thread. Are you bot, or hooman?
Jaxon Brooks
happy juneteenf
Gabriel Jones
>LMAOOOOO GUYS CHECK OUT THIS 14K GOLD WOMENS QUARTS WATCH THAT I OVERPAID FOR! >IT JUST FITS MY WRIST PERFECTLY!!!! >GUUUYYSSS I GOT IT EXPERTLY APPRAISED, IT'S ACTUAL REAL GOLD!!! >*Priced in CAD* >IM SO HECKIN BASED LMAOOOOO!!!!!
Gold yes plenty. But there are no good deals on silver. setf and all that silver squeeze, we did it réddit, yey! shit pushed the price down, and the premiums up. Buy Platinum. Thanks me later.
Christian Clark
>Estonia will be forced by the EU to tax Silver in a Couple Weeks, making it harder for Estonians to flee their failing currency Sauce? I'd like to share with my non-stacking buddy.
I'm too lazy to find an exact source on the change in tax law, but I've heard a lot of European anons discussing it here.
Henry Thomas
If I bring it to my small apartment in my third world country I'll not own it within a few days. And the only places selling it and keeping it in custody (but letting me take it home if needed) are a fucking government bank and unnamed stock exchange approved companies
