i understand the goldbucks but silvercucks are hilarious! those faggots will never be rich. silver is an industrial metal like copper and noone will gibmve a shit about it. it will neither skyrocket nor hedge your tiny proletarian savings. have fun sucking dick for rent.
Read the last thread. If asset backed digital currencies become a thing, the Americas have a strong incentive to use silver as the backing asset due to their control over supply & production.
Noah Parker
yes, but the idea is that as gold goes up the people looking for safe haven assets go to cheaper alternatives, that is until they also go up and then attention goes back to gold
Daniel Perry
who the FUCK pinned this post
Nolan Carter
What would it take to bring back the Gold/Silver Standard around the World? A full-scale rebellion and beheading of all the Bankers?
Charles Lee
>Have gold for hedging >Stocks for Profits >Buy cheap gold when stocks bring in money >Sell expensive gold to buy cheap stocks
Jordan King
Nice, sold my gold stocks last week assuming a big drop was around the corner. This is due to the better than expected jobs report but don't forget all the deficit spending that's been done these 3 months, gold still has a long way to go upwards to account for the inflation of the currency supply. Great buying opportunity incoming for both physical and stonks.
Isaiah Martinez
yes
Robert Cox
Happening is imminent.
Brandon Reed
Imagine being a bagholder of useless boomer rocks lmao. Somehow even dumber than shitcoin bagholders.
Levi Flores
If the alternative is holding fed notes that they imaginate into existence whenever they feel like, I'll take the silver/gold. Productive land and guns/ammo are probably more worthwhile than rocks but haven't gotten to that doomer point yet.
This has to be the top of the dead cat bounce. It's total madness.
Carson Walker
Job report came out today >May jobs report: US economy unexpectedly adds 2.5 million payrolls, unemployment rate falls to 13.3%
so while the entire country was lockdown, somehow 2.5m jobs were created
Leo Ramirez
>somehow 2.5m jobs were created fake number don't add up and don't reflect reality. not surprising. its almost as if they are intent on making themselves completely unbelievable and completely untrusted, even more than they are already.
Luis Baker
It's all smoke and mirrors.
The only fundamental reason for the stock markets to pump is that the corporations have effectively killed small businesses for good and have gained their market share, but that should terrify everyone.
