Are precious metals about to explode?
Are precious metals about to explode?
Yes. And do not tell anyone you have PMs. Ammo too.
most here think yes, same reason why crypto should go higher but with higher upside than gold
>Time to buy gold and silver
>China is worried about US falling apart.
They sold the bonds for more corn.
China is over, got washed away
well printing all that money was extremely smart and unavoidable, that's for sure
no, it just means a lot of mines are going to reopen.
Nice selfie, cryptocuck.
>the dollar is going to collapse for sure this time!
>just trust (((me)))
Never listen to advice given by boomers
It take between 5 and 10 years to reopen a mine, so what happens in the meantime?
Yet gold and silver mining stocks keep crashing.
Returning big dividends like 1.0 p/e ratio but no one wants to touch it
I bought 30oz of silver and .2 oz of gold with my yfbeta profits
cant wait for it to arrive
>can’t feed nation because no one will trade with me
>liquidate holdings to buy corn
>pretend we’re “reducing exposure” to the only currency accepted by every market in the world
Ok user, just buy shiny rocks
Peter Schiff is the ultimate broken clock
No
Huge buy crypto signal
This fucking guy.
My buddy and I would lose our heads whenever I'd do my impression of him during his podcast
>Ya see, gooooooold- and I've been saying this for years- is a tangible immutable asset.. And I happen to be selling gooooold
Same. I use crypto profits to pay for metals. That's how you secure your profits.
>Dollar is now stronger than every other currency in the world except maybe the Pound
>Hurr durr it's gonna crash. Everyone is gonna abandon the dollar and use the fucking Juan or the Ruble.
Imagine being this retarded.
what the fuck are you talking about
barrick is up 151% since buffet bought it
it's up even more on the year
Post election, no matter who wins just watch. Either we deal with the aftermath with Trump who'll at least artificially prop up the economy, or Biden is being handed a dumpster fire.
Souce? Your fuckin ass? Stfu.
Well one way to look at it is that the Fed has already monetized ~$3 trillion in debt in response to covid. Granted not all of that has gone off balance sheet, but look at what gold did: not even 2x. The Chinese are kinda screwed and it gives a good example of why it’s better to be a debtor than a creditor if the debt is essentially unenforceable
My local precious metals dealer has the same stock as the past serveral weeks, most people are selling their shit and if it keeps going up we will see this increase bt several fold. Only idiots buying precious metals are old black freemasons and other cucks. I still hold some, but mostly out of novelty.
I live in a city of 1 million + btw.
It's amazing how much Boomers chimp out when you tell them gold and Bitcoin are the exact same asset
Call me a boomer but there’s nothing quite like holding a shiny chunk of metal in your hand. It’s like holding distilled toil and effort and it’s shiny as fuck. Crypto is ephemeral
the economy has been growing for four months in a row after the initial downturn, it's on track to recover completely unless the government cracks down on economic growth again
Dude aren't you homeless lmao
It's just that, a shiny chunk of metal, at least crypto is programmable money.
> How much better to get wisdom than gold, to get insight rather than silver!
Here I am.
Here I am, again and forever.
And again.
buy swiss watches. Holding toil, appreciates in value, and has a real function. Unironically one of the most based investments you can make. The only point against them is that they appreciate more slowly than other assets. There's a reason wealthy people strap large sums to their wrist.