Thread 61143707

these rocks are racist you know which on for here might be an okay thing but if you tell other people that you're literally supporting Nazism because like the Nazis really like gold you might be able to trigger some like crazy troon or something hell I think I'm going to start making posts on x saying that Elon bought a ton of gold so I will dump it even more faster

he didn't buy the rock
he bought the abstract concept (value) attached to the rock
the rock is simply the method in which you validate that your abstract (money) is valid (part of consensus)

gold is not the rock
gold is the $29.6 T attributed to it

>>61143707 (OP)
>>61143715
>AI isn't a bubble
>real estate isn't bubble
>debt isn't a bubble
>the dollar isn't a bubble
>but the world's #1 flight to safety asset *IS* a bubble
You're the retard that was longing deutsche reichsmarks and shorting gold in 1928 Weimar Germany. Good job, ayy lamo.

But they're shiny...

>>61143729
Hopefully you are still alive the next time your rock goes up in value

>>61143729
>everything is a bubble

>>61143738
>>61143747
You butthurt faggots are like the asspained nocoiners before 2017. Thanks for the reminder that I'm still early kek.

t. day 1 /biz/ originalfag

>>61143738
>BAD CALL literally in ID
you can’t make this shit up.

>>61143729
be the rich smart person see retards buying fag rocks immediately leave fat rocks short fag rocks average population of retards holding your bags while you fill your bags

they bet against the market when they have your interest this is rule one of trading anything when you saw pictures of the blacks and grandmothers and Boomers lining up to buy fag rocks that's how you know they were too late

flight of currency is supposed to be bought much earlier when it's cheap

now it dumps every retard who bought over 2,300 is probably going to get fucked that's life

>>61143738
...like monday?

>>61143707 (OP)
and? got something to say, bitch? how's your bitchcoin doing btw?

>>61143876
Only a rock N I G G E R would get upset about someone talking shit about rocks

>>61143707 (OP)
>cryptofaggots seething and malding over shiny metal.

>>61143876
https://www.youtube.com/watch?v=VBoN1Ci7HMM

>>61143876
You
And>>61143882
you
and >>61143944
you, although checked.
Are retards and do not belong.

I used to think i was smart for not caring about vapid shit like everybody else, then I realized I was dumb for not taking advantage of it.

>>61143707 (OP)
You don’t understand. I can hypothetically hold the rocks in my hand (even though I really just own digital stock saying that I hold the rocks according to some jewbank and don’t actually possess any physically besides some shitty ass family heirloom that’s in the attic somewhere). Therefore they automatically equal money and everyone will definitely always assign value to it, unlike paper which is only imaginary money or something. Bittcoiners btfo!

Shiny rocks go up

>>61143707 (OP)
>bitcoin is a word

>>61143707 (OP)
Whats wrong with rocks?

>>61143728
isnt that nearly the same value of the usa's debt?..

surely the plan to fix the debt is to dump the ever living fuck out of the gold making it worthless just so they only have to pay back 4 trillion.....and making every country on earth hold the bags thus returing them to poverty insted of the usa as trump decorates and adorns gold in his office as a massive big ass inside troll

he has never and could never do such a thing ...

wake up fag rock holders this bitch is going much lower.

be Chinese: ching chong bing bing bong accumulate a MASSIVE gold holding. fuck allllllll around the world not just the usa...

become the worst bag holder of them all
>returns to poverty shithole
>world recovers
maybe the plan was right in front of out faces all along

>>61143707 (OP)
Yeah, if you can't hold them you don't own them.
But you should have bought them in like 2021 or 2022.

>>61144817
You would have to outlaw gold ownership if you want to pull what FDR did. And the rest of the world would know that you are still devaluing the dollar to inflate the debt away.

>>61143729
It is overpriced right now, like it was in 1980's, and 2000's and in other bubbles, but if you bought before then then it shouldn't be a major problem.

>>61143729
>>61143781
>t. day 1 /biz/ originalfag
Been on /biz/ since day 1 and still hasn't made it. Follow his advice if you want to have similar success.

>>61143707 (OP)
I like shinnies.

>>61143707 (OP)
I've seen it all, frogs, dogs, npc, things like rocks
Nothing surprises me at this point, unless they're shiny, all this just makes me hate my room even more

>>61143707 (OP)
lamao

>>61143707 (OP)
>he didn't buy rocks

>>61143707 (OP)
>he didn’t even buy the actual rocks, he bought IOU tokens for rocks on uniswap on the ethereum blockchain

>>61143707 (OP)
I bought them years ago. Now I'm selling.

>>61144916
Lmaoo done in 1. Gg no re rock hoarder

Me? I'm stacking bags of rice in my bunker. A much better store of value.

>>61144817
>be Chinese: ching chong bing bing bong accumulate a MASSIVE gold holding
the biggest gold hoard in the world is still inside the US

>>61148512
>the biggest gold hoard in the world is still inside the US
no fucking way
there is no gold in fort knox

>>61148523
actually, you're right in a sense
how do we know how much gold is there anywhere?
>trust me bro there's 999 tons inside this vault

but this goes both ways, to the USA and China as well
>chinese central bank just bought 99999 asteroids worth of gold
really? prove it...

>>61148015
For some sort of other tangible asset, one would hope.

>>61143707 (OP)
>he bought literal fucking dirt

>>61143866
Hello iq, is the reason you became a gay bottom because you were born as ugly indian turbomanlet, or because your mother fucked dogs when she was pregnant with you? Btw, whats it like not owning a car and never experienced whats it like to never having had consensual sex with a woman?

>>61143707 (OP)
You gotta make sure you buy the right rocks though.

Long term, decades into the future, what are the odds of boomer rocks crashing below let's say pre 2020 price. And are those odds better than stock market and dollar shitting itself, losing value over time or even hyperinflating.

>>61143729
Based knower.

>>61151193
Zero. I would explain why but I doubt you'd get it.

>>61151209
Explain it anyway.

>>61151212
Knowledge is power

>>61148533
>tfw global institutions have been lying all along about the total gold in existence
>all government reserves around the world are just IOUs
>every vault is empty
this is what (((they))) don't want us to know

>>61151231
To me gold and silver seem similar in utility, in modern world, that is.
Silver seems to be undervalued somewhat (even now), perhaps.

>>61149124
the cost of that buying deal was pointless and just a charade for keeping with christian morals
the real cost of that real estate deal was in the cost of the men with guns to enforce the property rights
still cheap tho

>>61151248
but that's a point AGAINST gold and silver
again: see >>61143728
the MONEY is the value attributed to gold and silver, not the element itself
the physical gold/ silver is the method in which you prove/ settle your transaction, to avoid/ prevent/ stop fraud and defaults on the obligation to deliver or debt

but since we live in a digital world, the orderbooks are DIGITAL
and because they're digital, you are dependent on (((institutions))) and (((trusted third parties)))

in the digital world, gold has an insane disadvantage as money, because the orderbook moves too fast compared to its delivery

>>61143707 (OP)
>can't be hacked
>can't be duplicated
>can't be sent to wrong address
>actual store of value
>real money
yeah i bought rocks

Oh shit. Oh fuck. My rock miners portfolio is a scam??? I thought I was making money this year.

>>61143707 (OP)
Reminder that less than 5% of gold is used in industry (this includes decorative element such as womens bags). Reminder that 3.6t are mined yearly (at least twice that is not declared properly).

There isn't a bigger bubble than gold. Gold plating which is what semiconductors use, use less than a fraction of gram per kilo of metal.

>>61153120
>digital orderbook can be hacked
>digital orderbook can be duplicated and will take years to prove fraud
>digital orderbook responsible for the price (which is the MONEY part)
>value cannot be stored

you didn't buy the rock
you bought the money associated with the rock
and it's good money, but not good enough for a jew infested market

>>61153176
>less than 5% of gold is used in industry
that's good
a point in FAVOR of gold
money should not have a secondary market

>>61143707 (OP)
This looks like an expression of pain and anguish

Gold: requires niggers in a mine
Bitcoin: requires a nations electrical output

What will shitcoiners do when a solar flare wipes out their net worth?