So are you guys hoping for a bubble or just opting out of investing?
Jacob Wilson
At least they can bother to use a fresh image For fucks sake op quit being a lazy faggot
Nicholas Gutierrez
Where do we think the silver market is headed in the short term biz? speculation station choo choo
Aaron Miller
yeah I'm speculating there will be a bubble as a product of a currency crash and mass movement into real money gold and silver BRRRRRR Could be 1-2 years could be 30 but worthless fiat money wont last forever thats for certain
Jeremiah Rodriguez
Everyone is anticipating another metal bubble similar to the 2008 financial crisis which means it's probably not happening. If it does, hopefully we get a Harry Dent style correction first.
Easton Fisher
Picked up 18 pre-64 quarters at the flea market for $70
Why not buy GLDI and SLVO and let the PMs pay you every month?
Aiden Wood
i think the post 08 bubble isnt what people are waiting for I think its more likely to be like the 1980's bubble
an accounting for the currency supply and an overshoot
Lincoln Lewis
My exposure to gold is owning Barrick which I do because they also mine stuff like copper, silver, zinc, etc. and they pay a dividend. It's also the least overbought miner - still fairly valued.
Gold and silver physical, and mining stocks as a leveraged play
A lot of gold and silver bugs get a their motivation to invest around a narrative of instability in the current system and a lack of trust in the banking system. GLDI and SLVO ETF's expose you to the sort of risks stackers are trying to prepare for
Asher Brown
Deflation first, Dollar crunch incoming Countries in crisis are gonna be starving for dollars even with all the money printing
Jace Carter
Isn't it possible much, if not most, of that price rise is specific supply issues in the food distribution business, rather than currency inflation per se?
Josiah White
counter-party risk
Blake Campbell
CPI fell .8% in the same month. If anything, there's going to be deflation soon, not hyperinflation. Food is responding to the corona virus shock. 20 million unemployed, reorganizing supply chains, and a huge consumption shift from restaurants to groceries all spike price temporarily. The trillions in credit expansion are buying worthless assets and retiring them to the Fed's balance sheet. That money provides little bidding pressure in the consumer economy. It's bad long term policy, sure, enshrines moral hazard and incentivizes the next bubble, but the circulating money stock inflates by a fraction of the credit created.
Aaron Bennett
wtf is your picture trying to tell
Angel Sullivan
Exactly, Check the charts on the velocity of money. No inflation until people get their confidence back and start spending
Luis Reyes
Not bad
Gavin Ward
It’s a fake picture. All the serial #s are 1234567. Same CGI technology that goes into Russian air launched cruise missiles
Jaxon Turner
/PMG/ is dead
Dylan Morales
>Finally receipt muh stimpak bucks >spent it all on silver coins fight me
How does the government assess capital gains on gold bullion if your gold is exclusively coinage (maples, etc)? They can't prove when you purchased it...
If you wanted to liquidate, would it be better to simply do it in physical cash with an individual?
capital gains is capital gains. if you earned money the IRS expects you to claim it and pay taxes on it
if little Jimmy earns $78 this summer mowing lawns. He has to pay Uncle Sam Taxes on that money.
Easton Russell
it's about control. if you sold and left a paper trail, the threat is that they COULD find out if they went digging for it. it's the possibility of being fined that keeps people in line. even though you are correct, the cap gains tax would be difficult to enforce and punish.
also if you transact PM for cash with some individual, there's always a chance that individual is an informant or an undercover agent. that's how they caught that one guy who was selling tons of btc through localbitcoins
Jonathan Cruz
Muenze-Berlin is selling bitcoins stamped "In ECB we trust" What the fuck?
