Thread 61173855

I will never stop buying. Globohomo will lose. We will not have our savings destroyed by inflation anymore. This is the end of Globohomo. Keep stacking frens.

>>61173855 (OP)
Unfathomably based

>>61173876
Ming Dynasty paper currency was the longest surviving fiat currency. It lasted 55 years before the Chinese went back to using silver. We're on year 54 of fiat currency. Either we all move back to silver, or I buy enough silver to build a castle.

>>61173855 (OP)
>I Can Stay Retarded Longer Than London Banks Can Stay Solvent
Based and same

>>61173921
>how did you come to the conclusion 54 years of fiat?

>>61173963
USD was taken off the gold standard 54 years ago

>>61173963
Every currency was backed by the US dollar, which was backed by gold, Then in 1971, the US went off the gold standard, marking the first time in history that every country was using fiat.

Globohomo successfully executed their plan. Everyone in the West used to be independent. We bought houses in our early 20s. We started a family in our late 20s. We easily paid for medical care. Our wives stayed at home because there was no need for extra income.

Now we have lost all of that. Everyone lives in a car, a tiny apartment, or with their parents. No one has families. No one can afford healthcare. Both the husband and wife spend all day working white collar jobs, and they still can't afford anything. Globohomo has robbed us of our dignity for 54 years. This is where it ends. Boycott these failing currencies. Buy silver. Go back to a time when all money was backed by precious metals, and everyone could afford to live, even retards working minimum wage at a factory.

Never forget what they took from you.

What is the best way to purchase silver, silveranon?

>>61174050
Silver Maples. Silver Britannias. Silver Fortuna Bars. Silver Buffalos if you live in the US. All 1 ounce.

Coins and Fortuna Bars are easy to verify/sell. They also make for a good medium of exchange when you need to do grocery shopping in the future. They also look nice and make you feel rich when you see them all stacked up.

Gold as a store of value made sense before the Industrial Revolution, since gold was a byproduct of food and labor. It makes no sense post Industrial Revolution though. If you’re too dumb to understand petrocurrency though you weren’t gonna make it anyway, sorry goldtards.

>>61174050
>>61174075
Silver Wiener Philharmoniker if you live in EU

>>61173921
>muh Ming dynasty!!!!1!!!

Shiny rocks boomers would have a hell of a laugh at themselves if they had an ounce of self-awareness.

>>61174075
Alright but what about non physical assets? I could theoretically put my silver into storage but I’m not carrying it around with me as I travel, what say you regarding buying silver digital?

>>61174110
Gold, platinum, and silver have real industrial demand. Silver and platinum are especially in demand, with both being in 3 year supply deficits.

You need platinum for your car. You need gold for jewellery. You need silver for everything, including your computer. These metals are valuable because we need them, and they have a higher price than other commodities because there is a very limited supply of them.

But I'm sure you already knew this. Nice try globohomo. You will be crushed in 2 years when the world runs out of platinum and you haven't stockpiled any.

bought more silver today

>>61174149
>real industrial demand
Wow cool argument. Let’s see Paul Oil’ns demand HAHAHA

>>61174129
I am younger and richer than you. This is called learning from history. 5000+ fiat currencies and they have all failed. Even recently in Turkey, everyone has moved from their failed fiat currency back to precious metals. You are an agent of globohomo. Your goal is to cause inflation. Nice try, but we're not falling for it.

>>61174130
Feel free to put your silver in a vault and have a debit card that connects to your physical silver.

>>61173855 (OP)
I bought silver today too.
Also.... GTFO normies! if you already have losses it means you fomoed into this. Stack for your future, stack for a crisis, stack for your children.

>>61174160
There is infinite oil. There is limited silver. We won't run out of oil for at least 10,000 years. We're running out of silver now. This is why Venezuela's oil-backed currency failed.

>>61174181
One of my ideas was to buy on revolut? I don’t know any other means right now desu I’m a total beginner to precious metals honestly

>>61174183
Stack for a future where we use real money and there is no more inflation.

>>61174198
If it's your only option, you can invest online, but ultimately you will want to buy the physical coins. You can buy digital for now, and convert later when you have more money.

>>61174163
I highly doubt that

>MUH TURKEY!!1!1!
God just shut up lmfao

>>61174193
>it’s valuable because it’s limited unlike oil
Beanie babies are even rarer. Economies should be beanie babie convertibility backed.

It’s ok anon, you can just admit you’re a brainlet who doesn’t understand the Industrial Revolution and its consequences for the economy.

>>61174198
You have to buy physical silver lol What security do you have when there is no revolut, internet? Banks gonna bank and if you don't have it physically you don't own it, simple as

>>61174223
Everyone in Vietnam is switching to silver after globohomo forced everyone to use digital IDs to use their bank accounts. Many Vietnamese were in Sydney today buying suitcases of gold and silver to take back home and use as money.

Once again, you have failed globohomo. We don't want your inflation anymore.

>>61174228

As I previously stated, silver is used in:

>Computers
>Phones
>Cars
>Mirrors
>Solar Panels
>Batteries
>Musical Instruments
>Window Coatings

And many others. However, you already knew that. You are just globohomo trying to get everyone to use American goybucks. Sorry, we don't want your inflation. Go ruin people's savings somewhere else.

>>61174251
As I previously stated oil is used in:

>computers
>phones
>cars
>mirrors
>solar panels
>batteries
>musical instruments
>window coatings

And many others. However you already knew that. You’re just a BRICS shill trying to get everyone to buy your boomer rock bags. Sorry we don’t want your useless blood metals. Go ruin people’s savings somewhere else.

>>61174269
Nice to know I'm talking directly with a globohomo agent. Funny that you think gold and silver are useless even as you're using them to type on your phone/computer.

I don't want your inflation. I don't want your goybucks. I don't want to eat bugs. I don't want to sleep in a pod. Enjoy getting your salary in toilet paper money as your purchasing power rapidly erodes.

>>61173855 (OP)
usually swap on privacy mode from houdini can prevent this happen, those retarded can't match

yes, just like the GME baggies "fought the hedgies" by giving the hedgies all of their money. good dog

>>61174269
petrodollar is a meme. us dollar has barely anything to do with petrol. fuel is better to have than paper money, but it's worse than gold as a form of money. gold is preferred due do its desirable properties. it doesn't need to be used for anything except as money. i don't know why precious metal shills keep talking about uses. they don't matter. money is a use on its own. oil is carbon+energy. that's not good enough. it's too abundant. it's not durable or dense enough in value to be money. gold is an element. it can't be synthesized or manufactured like diamonds or beanie babies. forgoing gold because some shitholes woke up to it is retarded.

>>61175031
thanks now i'm not going to use houdini because they're clearly employing shills here, meaning it's probably scam.

>>61173855 (OP)
Stay in your shitty containment thread >>61174613, stacktards.

>>61174038
>>61174048
>retards actually believe that the dollar was "backed by gold" ever

>>61174130
>silver digital?
Litecoin baggies want you to believe LTC is "silver to Bitcoin's gold" LOL

>>61174181
Good luck not getting Corzined by whatever Democrap insider is running your commodity warehouse.

>>61174213
>>61174231
It sounds smart. I’m very concerned of a situation resembling the Weimar Republic were people wheeled around wheelbarrows full of fiat to buy loaves of bread

>>61175130
>money is only based on scarcity!!!
Money is an energy system, sorry brainlet. Oil is fundamentally a better value backer as access to it directly creates growth.

All the reasons you listed are great arguments for why gold was a great store of value back when food was the energy powering the economy Kek.

>>61174269
hey fudding glow nigger, if you give me a state-mandated gf (with cute feet) I'll stop stacking
deal?

>>61175150
This tactic doesn't work when we have access to CPI data you dumb nigger

>>61176339
Hey retarded plebeian, stack as much PM’s as you want and I’ll laugh at you next time it’s negative return over decade.

>>61176605
imagine buying an "asset" with a 20% buy sell tax. Lmao what a bunch of fuckin retards

>>61174149
>You will be crushed in 2 years when the world runs out of platinum and you haven't stockpiled any.
is it possible to buy platinum coins or bars? or is that sorta banned by globohomo or something?

>>61173855 (OP)
>his metal so precious that it needs to be vacuum sealed in plastic to keep it from rusting away

You silvertards are just a shitcoin being dragged around by gold.

>>61176988
Silver doesn't rust away. There's still silver coins around from ancient Greece and the Roman empire that were just hanging out in the dirt. Silver coins get recovered from shipwrecks in the ocean where all the iron rusted away. Silver forms a patina like a shell when exposed to sulfur in the air.

>>61174269
>>61176310
how much oil do you own bro?

>>61177041
Lots. It’s in the index

>>61177634
how do you retrieve it from the index? in buckets? barrels?

>>61174269
if not silver or gold, then what? surely you are not shilling fiat, are you?

>>61177646
I’m not a caveman and prefer my dividends in cash, thanks

>>61177706
Equities, bonds, you know productive assets that produce things

>>61177738
Sneed

Holy nigger monkey balls, this thread is glowing.

>>61177845
Glowing hard. Gold is money, and nothing else.

>>61174048
Actual retard
Capitalism did all of that.
Things are expensive due to late stage capitalism
Capitalists are greedy and raise prices

>>61177706
Bitcoin

>>61173855 (OP)
>i keep saying i’ll sell tomorrow
>tomorrow hasn’t come in three weeks
>integrity dao keeps giving me reasons not to
>chart looks like a middle finger pointed at my doubts

>>61174038
Bretton woods was a scam, america was lying about the amount of gold they had and the dollar collapsed when the scam was exposed which is why they just got rid of it altogether. Fucking retards need to read a history book instead of imageboard posts.

>>61174157
this is a jew btw.
they want anti-semites to buy silver before the crash.

>>61177738
Low returns, no collateral

>>61175137
no

>t. thread bumper

>>61180274
No, the Federal Reserve did that. True capitalism would never have allowed the monopolies thay exist today. It's kosher shit. What we have now is racketeering based, oligarchal, fiat-controlled technocracy. Not capitalism. And it started in 1913 when the federal reserve was created

>>61174048
i think if you build things with fake money it all loses quality and soul, someone probably has better explanation but debt-based progress is extremely fake and low quality, people just dont respect fake money

>>61180274
prices are high because useless niggers buy things they cant afford via debt and welfare

>>61177738
> Equities, bonds, you know productive assets that produce things
Your not wrong but its clown world when holding gold, not stuffing paper in your mattress, did just as well for the last 30yrs

>>61175150
Retard, the USD was by definition backed by gold until the gov decided it wasn't.
>But the gubment didn't have enough gold to covered the printed money.
That's irrelevant.

>>61180584
The fact that the gov didn't have the gold to cover all the printed dollars is irrelevant, as long as the gov was exchanging a set amount of gold for 1 USD thats enough. You might as well argue that banks don't carry fiat because of fractional banking.

>>61173855 (OP)
>t. please pump my bags

>>61180638
easy to check
>>61174157
either of you have a foreskin?

>>61180899
>t. faggot phoneposter self exposing himself

>>61180946
>he doesn't post from the comfort of his own bed