Grandpa left me some gold and I don't need cash but having gold seems pointless. Thoughts?
>>545063316Keep it for his sakeHe wanted you to cherish itI’d only sell it if times were really bad
>>545063316sell it and buy bitcoin
take it to pawn stars
>>545063316Accumulate wealth and disregard females.What are you, some kind of nigger?
>>545063316Mail it to me?
>>545063375The only reason I haven't sold it is it reminds me of him.>>545063391Jew rat
>>545063443best i can do is 20 dollars
Sell the gold and invest the cash.
he'd hope you make a wise move and sell that shit for a higher performing roi item
>>545063316Keep it until SpaceX or chinks start doing serious asteroid mining then sell
>>545063316Keep it
>>545063645So, not in his lifetime.
>>545063576Honestly we just pay the price of melt so I can offer $6 final offer
>>545063316keep the gold until you need the cash.
I inherited some gold and silver too. Probably about 7k worth with current prices. It was passed down three generations. When I inherited it I was in credit card debt and the gold would have wiped out about half the debt. I kept the coins and wiped the debt through frugalness and now have 100k+ liquid in the market. Im glad I didn’t sell it, now 5k really means nothing. Just a number in the account I add to every check. Those coins remind me of family.
I would keep it unless you actually have a plan for different investment or asset or need the cash. Gold is far from worst choice to hold onto for a few years right now
I would keep it because selling gold is difficult and full of scams. I had a gold coin from grandpa too and some fag scammed me out of it when I was younger and wanted beer money.
>>545063532>Currency that undermines central banks, is impossible to inflate, has no borders and is uncensorableSounds pretty antisemitic to me
>>545063695Let me call my buddy, peter schiff, he's an expert on gold.OK, he says the gold is worth money. Best I can do is $3. I'm taking a risk, i have to make a profit.
>>545063316If you sell it you have to pay tax and also gold tends to rise in price.I think the hyper inflation is just beginning. But maybe it's ending.Two scenarios here OP"Good and healthy" scenario>the US dollar is about to become more valuable as banks and people begin to try to cash out of digital/ai/speculative assets. Massive short term inflation, followed by even more massive long term deflation as debts that existed are defaulted upon. Cash becomes king as businesses all scramble for nonexistent business. Those with the most cash, or labor, come out on top of the wreckage. the world invests in the USA's goldilocks stability as the rest of the world goes crazy on digital leverage and misinformation. Eventually the world stabilizes and resembles 1990's/early twothousands or something. "Bad, End of times" scenario (we have been on this path for 20-60 years depending on how you measure)>the dollar is beginning it's hyperinflation curve, we are still in the early years. Feds and international investors demand returns and damn the consequences, they print more money devaluing their currency. Knowledge, capital and labor are hoarded and cannot be purchased with traditional incentives (fiat) gold, and a minority of other commodities become a reliable store of value. The only way to purchase real things. Society does not return to any "normal" time, the bad times do not pass. Technology invents new orders and those who deploy their labor, knowledge, and capital most effectively will enter into conflict until one becomes dominant. In scenario 1, selling the gold is a good moveIn scenario 2, you might want to avoid posting about gold on the internet.
>>545063316>having gold seems pointlessretard
>>545063316I sold the valuables that I inherited. Keeping something because it "reminds you of them" is up to you. I made peace with that thinking.
It is yours to do as you please.Gold is there and passed on for when in need, but you should respect someones labour and not squander it. Meaning, in need do so, but make sure you work hard to regain it and better your situation respectively.Of it's old coins, gifted by ancestors... try hard not to sell them. Those are different. I would anyway.
Make it into a doperope chain would be true niggertier.
>>545063919I predict that inflation will continue happening but it won’t be at levels you are suggesting. It will be where 20 years from now a cheeseburger is $80 and California will be paying minimum wage of a $100 an hour or whatever. A slow burn where having assets is the only way to win. This could be gold or stocks, I’m betting on stocks.
>>545063375>cherish some fucking useless metal dawww thwanks gwampaaaa!! UWUUUfag, money is a tool to use, not sit on like a dragon
>>545063683With AI I give it 4 years until they have space drones mining everything. https://science.nasa.gov/solar-system/asteroids/16-psyche/That's just one asteroid with a massive gold deposit and with current tech can reach it in 9 months
>>545064192Hsssss sssspeak for your ssssself
>>545063316Depends on whether you can do better by investing it or getting interest over it.If not then why bother changing it?
>>545064409fuck you smaug, that's my big gem it belongs to ME
>>545064155Why not both?
>>545063316Yes, sell it to me you zoomer retard. I want to make sure you have enough cash for your new PlayStation.
>>545063316With the way paper money is being inflated, your gold will hold more value and be more liquid than all the paper money you could have, especially in situations where paper money will lose value.I personally would prefer to invest in farmland and bullets. Stack up bricks of 500-count or 1000-count .22lr or 5.56 green tip with a set of rifles and bury them in barrel caches, all shrink-wrapped, of course.You will hit the lottery if you find a working oil well though. Make sure you can defend it and maintain it, and you will never be poor.
>>545064512Stocks historically perform higher. With gold you are betting on the collapse of the United States. I don’t see it happening in my life, a more realistic scenario is a slow decline akin to European countries. Poor with low wages but still living life.
>>545063316It is. You don’t need cash because of the life he worked hard to provide you. You can always sell gold for cash, but you can’t always sell cash for gold.
>>545063316if you don't need the money, you hold it. unlike property, there is no tax. why would you not hold it?
>>545063932Germany remembers
>>5450649345-10% of your net worth as an insurance policy, something that can’t be fucked with readily by the internet being hacked or whatever. Think about it, that’s all I’m saying
>>545063316The gold is worthless.But the money you get from it you're going to spend on stupid crap you don't need anyway and then you'll be broke again.
>>545063316Sell it all and go all in on SOXL. Never sell it just acquire more and more SOXL. >this is not investment advice and I'm not a financial advisor etc
>>545063532Take a picture of it on your phone, put the picture on "the cloud", then sell it
>>545063316>I don't need cashThen why would you sell it?>having gold seems pointlessTo protect you against inflation and you only sell it if you really need cash
>>545064358Mars colonisation status?
>>545063316only if you spend it on rims and jewelry
>>545063316You will regret it when gold hits $10,000 an ounce.
>>545065333The AI buildout is pretty much done, they bought too many chips on hype. This is possibly worse advice than just keeping the gold.
Add a few extra and pass them down to your kids. If shit ever hits the fan your lineage might literally survive because of your actions.
>>545063316HODL THE GODL
>>545063316>having gold seems pointlessListen to yourself, man.
don't sell right now. The price peaked earlier this year and dropped a lot since. There's supposed to be another massive rise soon
>>545063532Grandpa left my brothers and I precious metals as well. So far, nearly 20 years after his passing, we've only had to sell some silver during covid. Hold that shit for as long as you can. Fiat money is little more than Monopoly™ money. Precious metals are true currency.
>>545063316>having an asset the central banks all over the world covet is pointlessyou have nigger thoughts so may as well make a nigger move and sell
>>545066373Wow he will make like an extra dollar if he holds. >>545063316Yes, use the money to help Israel. They can eat for a month with just a dollaR. They eat this type of paste shit that’s cooked with water, using their hands then they all have bumsex after and breed a couple more to pass on the torch.
>>545063316If I had gold and wasn't at imminent risk of starvation I would keep it.
>>545066279It will be worthless any day goy.
>>545063316i'm inclined to believe gold and property (houses) are the one thing you shouldn't ever sell
>>545066837*me with my foot on your neck* what’re you gonna do with that gold now? *bang bang bang*. I’ve now shot you in the head. All your gold is mine. This wouldn’t have been a problem if you’d merely sold like I’d suggested. And kept your money at the local bank where they keep it safe while investing your money for you but not giving you any of its earnings. Probably because the average person is a profit loss.
>>545066917Housing prices won’t climb forever. Many houses actually are declining in value. The west is a bubble waiting to burst. Once it reaches population cap the house market will peak and it’ll start going down. Your real estate investments won’t be a good enough long term plan for your genetic line. You need to invest into something more reliable. Gold is also an awful investment. Something with stands the test of time. Something which can’t be stolen or destroyed.
>>545063316It’s bargaining for making it through mad max checkpoints. Keep it.
>>545067130Alright jew, we get that you can’t own more than ONE THING or have a community what with you atomizing near every cunt around.
>>545064192>t poor
>>545063316Niggers that would sell their gold for fiat deserve neither
>>545063316Your grandpa would have wanted you to use it for a new grill
