Lmao

>muh inflation hedge!
>it's real money!
>SETF!

You don't actually take advice from schizo rock hoarders, do you?

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>gold down 10% since 2021
>fake internet money down 80% since 2021

The name of the game with gold is "survival." Gold will literally NEVER rug, something you can say with absolute certainty about almost no other asset.

They do act as an inflation hedge if you zoom out but the problem with this is that the S&P500 outperforms shinyrocks over that same longer time horizon on average so what's the point?

There are risks with owning stocks, you have to report/pay taxes, you don't get to own the asset in your personal possession. (There are others with owning PMs, like the burglary meme, so there's upsides and downsides).

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>he bought silver when he could've stockpiled lead in the form of ammunition

>you have to report/pay taxes
Gold's use case is tax evasion?
>There are risks with owning stocks
There are risks with literally every asset.
>you don't get to own the asset in your personal possession
If you're buying physical there's high overhead and transaction costs, nevermind that at scale you'll have to pay for transportation and security (you mention burglary meme)
>there's upsides and downsides
What's the upside? Unless you are a powerful and rich nation state like China I don't see it, and even then the only relevant asset would be gold and not meme silver.

Tfw shorted silver 2 day ago
Cuz boomer metal are worthless pieces of shiny rock

>fake internet money up 100% since 2020
>fake internet money up 2,000% in 5 years

Oh look, more dishonesty from a paranoid rock fag. Haven't seen that before...

You people deserve your misery for preying on the vulnerable and making them poor.

Real estate will never rug. any tangible asssets really. food ammo commodity

See, this makes more sense than gold if you're forsaking the entire financial system

I am so fucking happy with this. Gonna stack when it hits closer to it's bottom. I got all the time in the world. My stocks and crypto have been eviscerated, odd how people are still shitting on shiny rocks through all of this. Must be cope and deflection.

It's called zooming out, see

I know, gold goes up and down because it's a commodity now. My USD just goes down though. I got a decent little stash and honestly I've never felt bad about buying it, I just don't buy it if I don't have spare cash. I find it overall a better idea than gambling on altcoins and anyone holding major cryptos in the last 6 months are gnashing teeth.

Buy an ounce of gold or like 10 oz of silver and just hold it and look at it. I'm also convinced something in our monkey brains likes it because its simply a shiny rock, irrelevant of the other use case arguments.

>only real fallback argument is that shiny rocks are good because they're shiny
okay thanks for being honest

>BTC $1,000,000 eoy!!!!
>BUY BUY BUY
>Oh yeah, well I bought in back in 2020 or 2017, so ackchually I'm still up
I hope you enjoy the smell of your tulips, faggot.

Silver is actually rugging

LMAO boomer rock schizos BTFO

I bought back in 2013 you peasant.

boomers buy funny rock
funny rock doesnt beat inflation long term
more funny rock mined every day
boomers lose their wealth (they thought they were being smart)

Bought a shitton just now, and if it drops some more I'll start maxing out credit cards.
Until the bond market collapses, you do not want to be owning overleveraged assets or "claims" to wealth. Banks are actively confiscating your wealth via inflation, and when they are ready, the can collapse over leveraged real estate, stocks and bonds. There really is no other choice but to step off of the train tracks and wait for the train to pass before you buy back in., Silver collapsing is a gift from god.

if you lose 90% on 1000% gains, you're back at 0% gains

>buy even more guise!!1!
>just max out your credit cards!!1

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try buying anything but digital ones and zeros at 18.36 / 1,707.45
hope it goes to ZERO

I bought I-bonds on TreasuryDirect

Nothing about the global financial system right now is healthy.
Stocks are priced on future earning and the assets backing each share are often pennies on the dollar. Real estate values are far too high relative to corresponding increases in wages. Without more leverage/mortgages, the prices cannot be sustained. Governments cannot even fund themselves without borrowing, and economies cannot even eek out 2% growth without an insane amount of deficit spending on a perpetual forward basis.
All of this is singalling that there are resource deficits. You need to own physical commodities because all of these "claims" to wealth are toxic and can never be paid. Silver is 60% from its all time high, and adjusted for inflation can easily reach $200 per ounce. There is literally zero downside risk at $19 per ounce, lawl.
Buy low & sell high, retards.

my fallback argument is that it is still a better investment than crypto (which is literally, and I mean literally nothing more than a long term rug pull by big finance, you just saw one).

My post was about the S&P500

gold silver base has inverted
last time this happened was in 2009

the S&P 500 is literally nothing. All you're saying is big finance got free cash and invested it. That's why the shit's going down. You are holding bags. Same with BTC, owned by the SAME people. Why do you think the charts match up?

Breaking news, shiny rocks are also going down. The charts all match because the dollar is mooning.