Search results for "2708e28658c4b49eeccc994b8dace499" in md5 (7)

/biz/ - Thread 60909207
Anonymous No.60910030
>>60909207
It's not. Wallstreet is propping up margin collateral to prevent the forced-unwind of all the leverage.
Did you know 2008 market crash coincided with a short squeeze in Volkswagen? It wasn't all about the credit markets and the housing bubble. The exact same conditions exist again except it is in GME this time. So you can join in on a massive squeeze and slurp up blue chips for super cheap once the unwind happens.
Also, it is imperative to be stacking gold and silver as a safety net incase the market and crypto all shits the bed.
/biz/ - /GME/ - Summer Fridays Edition
Anonymous No.60831502
>>60831365
The banks only need to balance their books so they will happily undermine the dollar to keep asset prices high and themselves solvent. They hoard all of the gold so even if they destroy the dollar they can recapitalize the replacement currency. Banks are more scared of deflation than anything because they need to keep money circulating at all costs. It's like running a pump that's not in water where it damages the equipment.
Knowing this: I think precious metals are an indispensible asset to own in the events the economy turn so sour that GME struggles. Supposedly we have the VW of 2008 so we are crash proof as well as oversold and on the cusp of a squeeze. But if GME falls through some how you better be prepared for the worst.
The dollar will lose reserve currency status eventually. American can't even pay our bills and desperately have to print more and more of it. It's basically a certitude that it is a dead currency. We lose HALF of our tax dollars just to interest payments and at those levels we will be moving extremely quickly to 100% from here. The debts are twice as large as the GDP so what even is the point of collecting dollars other than that is how the system has operated for 85 years. The banks can't honor the bonds without destroying the cash. They can't destroy the bonds and save the cash without destroying the banks which then also kills the cash and the stock market and everything else. There is no panacea, only economic losses that need to be eaten by someone. The best way to absorb an impact is to spread out force. Hence the crowd will 100% necessarily be the ones who will have the burden put on their shoulders. It will be stocks, bonds, pensions, SS benefits, mediare entitlements etc that all go poof overnight. They can't be paid so they won't be paid. Count on it.
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60820974
Just ordered 5 ounces of silver. It doesn't seem like much until you realize the top 20% silver holders only own 65 ounces each. Just a casual few ounces in the mail every few weeks will add up nicely.
>>60820912
Great pic. I was reading ZH and the site clearly generates traffic by criticizing isreal. The comment sections are spicy too.
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60747509
>>60747397
Silver is silver, and "collectible" 1oz rounds are a good way to piss away your investment capital. I fully admit that there are some awesome rounds out there that I would love to have like the 7 wonders, the Egyptian gods, the Zodiac etc. They're all great.
But for the sake of advocating precious metals with an investor/trader mindset I believe that the weight of silver is going to be the single most important factor when the deleveraging event occurs. If you overpay for a luxury collector round by $30 and silver goes to $200 per ounce. You potentially left an entire ounce on the table. If you consider not just the price, but also the tightening GSR, that could opportunity cost alone could induce whiplash.
I think the only relevent categories are:
1 - State rounds. (added protection from the state etc).
2 - Junk silver
3 - Generic. ( This is where you want to add the most heft to your stack. Lower the premium the better, within reason)
I buy the second-hand rounds all day long and it is the quantity of the silver that truly shines.
/biz/ - /pmg/ -precious metals general
Anonymous No.60727814
The banks and government are broke. I'm just going to trust history and keep my capital outside of the credit-system.
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60581506
>>60581468
There actually is a thing called real rate of interest. Prior to ZIRP when money became essentially free to borrow, money was scarce and banks actually needed your cash on deposit to backstop loans. Because borrowing was expensive, it encouraged savings and lending was used to invest in capital assets that had expected returns higher than the cost to borrow. Nowadays, most lending is used to finance consumption which is a self-defeating setup because it is consuming savings and destroying capital.
>Your other comments
I'm not really sure what you are trying to say.
/biz/ - /pmg/ - Precious Metals General
Anonymous No.60532875
I'm just not gonna die for Isreal