>literally real physical bitcoin and ethereum with actual usecases>normgroids dont care>most humans dont even own a single gram of eitherwhy
>>62499466And what is your name and address?
>>62499500"Big" Richard Johnson and my address is your mom's house
>>62499466Store charges you 10% market prices. You have to get at least 10% gains. Take it back to store to sell it. Store low balls you 15% below market. All the stores are under the same corporate umbrella including pawn shops. If shit hits the fan no one wants metal, they want food. Start a garden and save money and have trade goods for the end times.
>>62499555Being raped by taxes, rock merchants, and rock miners is literally the reason rockcels bought those rocks in the first place
>>62499466What is the benefit of owning rocks physically instead of through ETCs? I don't really see myself putting all these heavy fuckers into my backpack when shit hits the fan just so I can get stabbed and robbed. I feel like having them assigned to me and stored in a vault on the British Isles is a much safer option, no?
>>62499555the store actually highballs me about 5% on my silver roundsif the spot price is $70 they'll offer $74
>>62499466You can't send it to just anyone on the other side of the planet instantly at 3 a.m. on a Sunday while you've got your hand down your pants. It's not Bitcoin.
>>62499466people buy crypto to gamble, not to invest
>>62499466>most humans dont even own a single gram of eitherMost people will own some gold or silver jewelry.
>>62499466>chinese coinsuh oh
generational trauma
>>62499958
>>62499958Depends on how bad the world gets, the phase if you don't hold it you don't own it is conditional. Many ETFs are 10x or more paper contracts rather than actual vaulted with a no IOU policy if things fall apart, the contracts are often deliverable until they aren't as there isn't enough to cover ever contract if they were all to request delivery at once and would be cash settled. Unallocated is fine so long as they don't rehypothecate, allocated is better so long as it doesn't get lost, like when Germany asked the US for its vaulted gold and got told to fuck off, once they got it, it was supposedly different bars from the ones they sent. Unless you're mr monopoly, carrying your nw in gold would be fairly easy the only concern is getting killed for it, making it just as risky as cash physically. Sprott has full allocation and many vault services will be reliable for 99% of conditions, except for siezure by government. In that case only schizos win because they can still bury it.
>>62500450schizo chad here.No one knows I have it? No one tries to take it when fiats globally become worthless.Simple as, and yes this WILL happen in your lifetime.
>>62499958The company goes bankrupt and all your gold disappears.Weight isn't going to start being an issue until you have over $1.25M in gold.
>>62499958>I don't really see myself putting all these heavy fuckers into my backpack when shit hits the fan just so I can get stabbed and robbed.Why do you imagine this scenario?You're talking like an end of Civilization nuclear fallout global collapse scenario. Even in total fiscal failure like Weimar Germany you don't get anything like that. People just get poorer, it's not The Purge, communities band together with local vegetable gardens and thieves get lynched.
>>62499466To be fair, no one cares about crypto either.
>>62500025Based coin shop
>>62501066This, and it wouldn't even be that archaic.Society would literally look the same.Employers would just switch from paying $30 an hour to 1 milligram of silver or 0.01 milligram of gold per hour.Banks would be converted to vaults that store individual people's physical gold and silver fragments.People's mortgages/debts would be switched from fiat owed to precious metals owed.We'd still have police, we'd still have laws and order, and jail, etc.The only people who would suffer and lose their minds are idiots holding on to tons of worthless fiat paper for whatever reason.
>>624999581kg of gold is currently $130k USD. Is the guy in the british isles going to give you your 'gold' when SHTF?If you're going to get stabbed and robbed then you're going to get stabbed and robbed regardless of if the gold is on you or not. You think your corpse will be better off if the gold is in the british isles?
>>62499555No social skills? Retard must have never actually been in a shop or you have the social skills of a wet bag. My LCS sells me stuff at spot or a $1 over. They also hold metals that they think I'll want because they like me. They would probably give me a good selling price but I don't sell my precious metals so I never asked.
>>62501134>Employers would just switch from paying $30 an hour to 1 milligram of silver or 0.01 milligram of gold per hour.>Banks would be converted to vaults that store individual people's physical gold and silver fragments.>People's mortgages/debts would be switched from fiat owed to precious metals owed.Not likely, I think we'd be in for something like digital tokens backed by the economy instead of Precious Metals.Think about the 150 companies that just issued digital tokens that are all backed by the bond market. They want full control and manipulation of the financial markets and Precious Metals just doesn't allow that.
>>62499466My only bear case on metals is how retarded younger generations are. Only so many boomers stack (dying soon), even fewer millennials, barely any zoomers and Gen alpha, well someone better make silver go viral fast.
>>62501220>backed by the economyYou honestly think that when the fiat goes to zero because enough people realized printer paper is worthless they're going to go for another worthless form of currency backed by some Jew's invisible concept of nothingness?Get real. People will understand it was a mistake all along and want their currency to be backed by something tangible.
>>62501269>when the fiat goes to zeroIt's at 3400% inflation yet everyone still uses it, uses a bank and accepts employment contracts in fiat.They can switch over to a global digital token system before hyperinflation and everyone will carry on like normal. What do you think backs Fiat right now?
>>62499555>btc buys the same amount of gold today as it did in 2017It's actually the best store of wealth. Everything else is scams.
>>62500152>President William McKinley strongly opposed the "free silver" movement, which advocated for the unlimited coinage of silver to inflate the money supply. He favored "sound money" and the gold standard, arguing that free silver would ruin the economy, cut the value of savings in half, and disproportionately harm working-class Americans.>mentally ill retard member of a jewish antifa group assassinated him
>>62501309Yeah I'm aware of fiat being fake and gay like tokens are fake and gay, but you and I were discussing the scenario "when shit hits the fan" brought up by >>62499958 poster and continued by you under a "fiscal failure like Weimar Germany" type of situation.So why you suddenly assumed I was talking about the fake and gay current situation we're currently in, I don't know, but learn to follow a conversation, especially when most of it was your own conversation.
>>62501333bte. covid did in fact cut your savings in half.
>>62501334Maybe you forgot when you wrote>>62501134>Employers would just switch from paying $30 an hour to 1 milligram of silver or 0.01 milligram of gold per hour.Then I said we'd probably go digital.And you said we couldn't because hyperinflation would destroy public trust.Then I said nuh uh.Now you're telling me that I can't follow a conversation....right, retard.SHTF scenario requires unstoppable death spiral inflation with no pivot or recourse.
>>62501353Yes because I was obviously still discussing the scenario when shit hits the fan. I was talking about employers switching to gold and silver as payments for that situation.Then you argued people would again want the same fake B.S system.You saying "nuh uh" doesn't change the situation we were discussing.Of course today that's what they want to do. That wasn't the discussion, retard.You high or what? Fucking degenerates.
>>62501362Do you just not understand my argument or what?You keep talking about some SHTF hyperinflation where employers start paying people with Precious Metals that they don't have.It will never happen, nobody gets paid in Precious Metals right now and inflation is at 3400%.They can just pivot to a digital token they've already laid the groundwork for. What people want is irrelevant, if the government switches, banks automatically switch your accounts and cards, the stock markets switch, it's over before you know what happened.
>>62499466Just had ath and cycle is over 10 years.Good Luck :D
>>62501139If having a borderline romantic relationship and making out with the cashier means I have poor social skills then sure. I'm really not personal friends with anyone at any store, they'd never know enough about me to know what to sell me.
>>62501333retarded trips wtf
>>62499555PMfags never tell u this part lolu are at a loss the moment u buy gold or silver because every seller sells above market price and buys below market price and its just accepted as normalthe only people making money are PM dealers scalping u retards trading it 10% on sells and 10% on buys the bread & butter for PM is the dealers making money on a fake and gay spread that everyone just accepts as normal and perfectly okay, im pretty sure thats how jews got rich to begin with
It's not any of those things because bitcoin went to 125,000 after hitting 63000.Dumb goldbugs on this board eagerly talk about how they hope it doesn't pump again this year and 'prefer' it to go back to 2000 so they can 'keep slurping' and that this is 'normal' over the decades or whatever.You are a retarded cult that doesn't understand the first thing about why people invested in bitcoin to get rich in the first place, the cancer killing this board because someone says "I need an asset that will make me rich in 5-10 years" and you say "how about somethign that will make you break even after 50 years against inflation".You stupid cultist cunt.
>>62501504and you know nothing but cheeseburgers
My only concern with gold and silver is that real space exploration is just getting started and the resources of the solar system have not been priced in yet. If a planetary core fragment with large gold and silver deposits is discovered then precious metal prices will literally crater overnight. With crypto, you will never find more in outer space no matter where you search.
>>62501397An idiot could understand both your "argument" and the fact that you can't follow conversation about a theoretical situation where no one trusts currency backed by nothing.>nobody gets paid in Precious Metals right nowNo shit. Notice how the theoretical situation we were discussing wasn't "right now"Absolute room IQ.
what's the gold make it stack?
>>62501515space is fake and gay tho
>>62501501wrong, i buy antique gols coins and junk silver below spot. can sell after one year of holding tax free on ebay with premium to some stupid boomers, but i won't still stacking
>>62501515>Drills 40 tons of gold out of a distant planet.>Costs 3,000,000 tons worth of gold value to transport it back to Earth through labor costs, fuel costs, rocket costs, and receiving/landing costs, and takes about 25+ years for it to arrive.Yeah nice one, Einstein.Meanwhile the same jews who created shitcoin out of thin air can create more.
>>62499466NPC want consumer stuff. They don't care about your grey metal, it's useless for them. You can't have fun or impress others with this precious metal stuff.
>>62501737>You can't have fun or impress others with this precious metal stuff.false