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Just bought my first set of gold coins. Planning on putting ~10k

The stories and information posted here are artistic works of fiction and falsehood.
Only a fool would take anything posted here as fact.

Thread replies: 181
Thread images: 30

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Just bought my first set of gold coins. Planning on putting ~10k or so in gold.

Anyone else planning for the inevitable financial meltdown?
>>
>>726737611
You'd be better off buying a lot of guns and even more ammunition to go along with them if you are going to think like that.
>>
>>726737611
buttcoins

its basically digital gold at this point
>>
>>726737724
meh, I don't think society is going to collapse. I do think we're going to have some financial crap hit the fan though.
>>
>>726737995
and then what? sell your gold for 33% more worthless dollars that you bought it for?
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>>726737995
Just saying man. Those shiny little coins aren't going to protect your family if shit does hit the fan though. Hell, after they get done killing/raping you and your family, they'll probably burn your house to the ground too. Then those coins can sit tarnished in a pile of rubble.
>>
>>726737611
Gold will be worthless, only a sucker falls for the buy gold as a hedge against inflation, and collapse.
Think about this they tell you how worthless the money is, but want you to give them that money for the worth a lot gold. What part of that sounds right to you?
In a major collapse of the financial system, the only things of value are food, shelter, water, and weapons. The first, and third are the most valuable, as you can make the other two if you know how to improvise, and have common sense. SO I suggest you either invest in freeze dried food, hard tack food like beans rice, and the such, and water filtration. Also have a place for retreating, and guns, bows, or your preferred method of defense.
>>
>>726738094
33% ROI sounds good. I'd take it. Don't have to sell them all at the same time; sell one, spend the cash on goods and services.


>>726738231
>tarnished
>gold
Hmmm
>>
>>726737611
There will be no meltdown, Trump won't allow it.
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>>726737611
You understand there's a special capital gains tax when you sell gold, right?
>>
>>726738475
There has never been a time in history, in a culture which had currency, that didn't value gold.
>>
>>726737611
How are you going to sell that gold when there's no currency. No one is going to want gold during a financial meltdown, they're going to want food and medicines and supplies.
>>
>>726737611
Baaaaaaaaaaaaaaaaaaaaaaahhhhh little sheep.

>>726738475
Finally, someone with sense.
>>
>>726738497
if you're really preparing for some kind of collapse, ROI is almost completely irrelevant

because in that case you just invested the money, a pretty good investement, but still...
>>
>>726738497
Yeah sure, the 0.0001 ounce of gold that is actually on/in the coins.

You can pull at straws all you want over some petty misuse of words, but you know what I mean at the end of the day. Shit hits the fan, those coins aren't going to mean shit.
>>
>>726738672
The whole point of gold is that it's been a source of value since before recorded history. The "ooh, shiny" factor is strong. Yeah, food and medicine are great, but it's hard to store 5 pigs worth of bacon forever.
>>
>>726737611
.22 LR rounds will be worth more than gold if currencies collapse.
A stash of Penicillin would be worth bags of gold. Think this shit through numbnutz.
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>>726737611
fuck off william
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>>726738904
You're going to be one of the first ones dead.
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>>726737611
Wait for it to fall below $1000usd before buying any more or you will lose your ass.
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>>726738919
You could melt the gold down to make .22 LR. win win.
>>
>>726738919
is there a best before date on penicillin?
how long can i store it?
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>>726737724

Why the fuck does everyone flip into a Madwalking Deadmax fantasy when someone mentions gold and silver?

They're insurance against kike fuckery and currency devaluation. They preserve purchasing power. That's it.

I have about 112 ounces of silver, and some scrap gold jewelry, and a few various gram bars that I got on sale.
>>
>>726737724
>>726738231
>>726738904
>>726738919
I think op is referring to more of a recession, not a fucking zombie apocalypse.
>>
You do understand that the people who will buy you gold will offer you well below market value for it, right? Like, even if the price of gold goes up 10%, it doesn't matter much if you're only getting 60% of its value.
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>>726738592
kek, trump will be the one causing it.
>>
>>726739484
>>726739382
Finally some grownups join the conversation.
>>726739539

I got these for $25 on spot, which is about a 2% markup.
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>>726738663
Ah yes, and that means that it cannot happen right?
There is already a move to eliminate hard currency, and for it to all be digital. There are many countries who want there to be no Reserve Currencies at all. When this happens, and it will gold, and silver will only have any value as a commodity to manufacturing goods. Its real value will be very little.
I really do not care if you people choose to believe it, but do not come looking for what you need from those of us who are ready, because you will become worm meat, and food for our dogs.
>>
>The economy will one day crash
>better invest in a metal that that has barely any use beyond being shiny!
>>
>>726739626
Yeah, that's fine. See what happens when you go to sell them, though.
>>
>>726737611
You realize gold is worthless, right?

You think just because something is shiny, it's valuable?

I'll take U.S. Backed cash over gold anytime!

Cash will NEVER lose value. Ever.

The value is literally written on the paper
.

Gold doesn't.
>>
>>726738663
What are Northern Native Americans?
They literally traded shells and had no access to gold at all.
Central/South Native Americans are a different story since they had the gold fever
>>
>>726739745
Also about 2% - 4%, depending on the place.
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>>726738718
Yeah some people do not have the faintest idea of how bad it is going to get. When the US is no longer the Reserve, it will make Greece, and Cyprus look like little economic bumps.
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>>726739817
bait
>>
>>726739817
>Cash will NEVER lose value. Ever.

You're retarded. Incurably.
>>
>>726738094

That's the point of metals: they're a unit of account and rise to offset inflation.

The dollar is worth less, but the gold is worth more dollars.

If metals weren't manipulated downward by international banking cartels (Jews) they'd be worth far more.

>>726738475

>gold is worthless because of my masturbatory apocalypse fantasy

yeah, nah.
>>
>>726739817
>>726739925
>>726739929

Sorry, the sarcasm factor went over my head. apologies. lol
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>>726738603
thats only if they find out
dependso n what country you slang it in

never buy more gold than you can fit in your butt
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stock up on these dude.
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>>726740092
...and thinking about it more...i suppose you could use the butt and vadge space of your wife too

you could probably fit about 30k worth of gold in the asses and cunts of a married couple

just dont try to run or something
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>>726739817
>Cash will NEVER lose value. Ever.
Probably bait, but I'll bite.

Maybe you should look up "inflation", or better yet, "hyper-inflation"
Just because it's never happened in the US doesn't mean it can't (very unlikely for hyper-inflation, but inflation can and does de-value currency).
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>>726739624

He won't help it, at least it doesn't seem so yet, but 16 years of Bush and Obama, not to mention over 100 years of central banking, are not Trump's fault.
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Bullion fag here.

>Got into after I bought a bunch of gold before it hit the all time high, sold that shit off.

>Then bought silver at 15, then when it hit 50 a couple years back, sold it off.

>Took all the money, put it into stock/forex market, even richer.

>Sit home, fap all day, watch money grow.

>#GODBLESSWHITEPRIVELEGE
>>
>>726739484
There will not be another mild recession next time, and the silver, and gold values are, and were in the toilet in the last one.
I have a good amount of both from metal detecting. I am not even considering sending it to the foundry for melt value, because it is not worth it.
I consider my food, and weapons more valuable, and useful.
>>
>>726738919
collectables like you mentioned are far more speculative than commodities
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>>726740289
same here, 2011 was a good year
>>
Tobacco and liquor would probably be most demanded next to food.
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>>726740289

Yep. Overvalued=sell and make bank, buy undervalued shit, wait til it's overvalued, sell, etc so on.
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>>726737611
You'd have been better off buying ammunition.
pic related

>>726739382
>Why the fuck does everyone flip into a Madwalking Deadmax fantasy when someone mentions gold and silver?
What the fuck do you think happens when there is a financial meltdown? Everyone suddenly discovers the power of love and hugs out their problems?

Are you seriously this retarded?
>>
>>726737611

>financial meltdown
>gold

That'll help.
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>>726740027
I saw this clip today. Made me lol:
https://www.youtube.com/watch?v=VLi_5eHjlFc

>>726738603
...As with any investment?
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>>726740289
>forex

gamble much?
>>
>>726737611
KEK

let's just say for the sake of argument there is a financial meltdown.

how do you buy a dozen eggs and expect change if you pay with a $1200 gold coin?
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>>726737611
Im sitting on a gold mine of cabbage patch kids
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>>726740453
Where do you find the metal? Beaches or mineral form ?
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Can any kind anons help a poor girl In unit out? Waiting on my financial aid and I've been struggling without it. My paypal is [email protected] it's also my email. I could send a breast shot but I'm Asian so don't expect much. Anything helps
>>
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>>726737611
Gold Trader please go. There will be no return to the standard now or ever. I would suggest putting all your money in Herbalife.
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>>726740453
You can make a small forge thing for like $200. Make your own ingots. I watched a tutorial on YouTube.
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>>726740908
you know the rules.

tits or GTFO
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>>726737724
you could make a golden gun like in James Bond and then kill yourself with it
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>>726739817
>Cash will NEVER lose value. Ever.
You mean besides the fact that it is already worthless. The currencies of today are all pretty much FIAT, and only good as long as enough people think it is worth something. That is, and will change in the blink of an eye.
What you carry in your pocket, have in your bank is not of value, but it is debt, or an IOU. Currency of value disappeared a longtime ago.
>>
>>726740908
What is your email?
>>
>>726741028
would you buy "gold" from someone you don't know?

precious metals need to be assayed so they can be used as currency.

the only true currency is labor. :)
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>>726741225
>Currency of value disappeared a longtime ago.
no it didn't.

true currency still exists in the form of labor. :)
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>>726740687

Jesus fuck you can't make this shit up oh my god
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>>726737611
Dumb. We'll be mining the mood/planets/asteroids soon enough.
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>>726738475
I agree. Investing in gold is stupid. Strictly investing, you could invest in better things, ask a smart financial advisor. If you have it for an apocalypse or something, bread will be more valuable.
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>>726741171
I'm killing you first though.
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>>726740908
post spread ass hole with timestamp and I'll drop $100 in your account
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>>726740585

You're talking about Venezuela level shit.

This in the event of a market crash, specifically the coming one which is really just 2008 Recession: Part Deux since the gubbermint has only re-inflated those bubbles to keep the market hobbling along.

Your prepper fantasy won't come true yet, Festus. But even in that circumstance, I'd still be better off than you :^)
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>>726741417
Bread without preservatives lasts maybe 3 days unless you put it in the freezer.
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>>726741485
You asshole
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>>726741765
I wouldn't eat bread that lasts for more than a few days. I saw bread in my local shop with pretty much a 12 month life span. I'm not eating that shit.
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>>726740585
LOL...

We're much more likely to go into a decline rather than OMFG MAD MAX!!!!

Gold and silver preserve purchasing power. I'm much more fond of silver, as it's a lot easier to acquire and trade. Plus silver is an essential industrial metal with huge industrial demand. Gold has some industrial use, but it's been popular as an exchange unit for several thousand years only because it's shiny and doesn't dull.
>>
don't be stupid, if you want thing that will have more and more value in the future buy really old and nice cars, so in 20 years they will be even more rare, my uncle left me his rolls royce and damn in a decade or so i will get a really nice house out of it
>>
>>726740547
LOL! Yeah I have no doubt on that.
>>726740866
Metal detecting at old homesteads, school playgrounds from old schools, and any other place that people have been going for years. No it is not minerals, but coins, rings, and so on. Most of the coins I find are only worth melt value. What I am always looking at with coins is collectable coins. Those are few, and far between.
Gold I can pan for if I really wanted to. But I still prefer looking for prime coins. Just get a good detector. I have a Minelabs Etrac.
>>
>>726741397
Probably not, but if you pour metal in zero gravity, it's like 300% stronger because there are less faults.
>>
>>726742065
I have a shitty garrett but I might try that.
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>>726740453

>There will not be another mild recession next time, and the silver, and gold values are, and were in the toilet in the last one.

wut? Gold spiked to almost $2,000, silver to $40. Silver outperformed gold btw, proportionately speaking.
>>
>>726741028
If you do your own melt then it is worthless. I have a forge, but not for that, but for aluminum. I like to make things with it at times. And not cans they are not good for anything but recycling. Old mower motors, and such are good for forging metal parts.
>>
>>726737611

Yeah, if there was a financial meltdown then that Gold wouldn't be worth anything.
If the U.S. economy goes, the whole world follows.
With no world economy, Gold wouldn't be worth anything.
You are better off buying water purification systems, Chlorine tablets, Guns, Food, etc..
You cant eat gold.
Also, in the long term, Gold is a terrible investment, especially to buy now. It is way over priced right now, because of guys like you who have idea what the word economy even means.
>>
>>726740908
Where are you? Do you do some fooky,fooky,sooky, sooky massage?
>>
>>726742438
>then it is worthless
But why?
>>
>>726741762
>>726741924
>recession
>financial meltdown
pick one
>>
>>726741339
While yes labor is of value, it is only as valuable as what you can get for it. If the majority of people are fighting to eat, and live, then your labor is worthless.
>>
>>726742602
you know i never understood people that say shit like this

if you've got 50k in the market you should have 10k in metals as insurance. Diversify that shit.


markets and metals tend to be inversely correlated. when one eats shit the other pops, hedging your shit.

metals dont bear interest. stocks do, some even generate income.
>>
>>726742602

Yeah, that's why governments confiscate gold and silver when their economy is getting butt fucked.

In a meltdown, the value of the metals increases vastly. A meltdown is also an opportunity for implementing a new gold standard or commodities basket.

https://www.youtube.com/watch?v=tj2s6vzErqY&t
>>
>>726739817

>Gold is worthless

Gold is a non-corroding conductor with extremely low electrical resistance and is what makes miniaturized electronics possible, it also makes a good radiation shield so you need to use a lot of it in anything going into orbit. Ironically the only thing that would make gold worthless is economic or technological collapse because it's only real value is in electrical and aerospace engineering which could only exist in the presence of a highly functional and educated society.

If you want a survivalist currency I would honestly go with narcotics, food, medical supplies, gasoline and ammunition.
>>
>>726741762
When it does happen Venezuela will look like a really nice affluent place to live. Come to think of it Messico will be looking mighty prosperous as well.
The only thing holding this false US Dollar up is the fact that we are the World Reserve Currency, when that changes you will see a collapse of monumental proportions. Just ask anyone that was alive when Great Britain lost its Reserve status, and the Pound Sterling took a major dump.
>>
>>726740908
nobody is paying for pictures

you need to put the fuck out like the whore you are, asian women are lovely prostitutes for non asian men, we know you love it and NEED to be treated this way, and we love you for it
>>
>>726743348

>if you've got 50k in the market you should have 10k in metals as insurance.

More like 5k.

>>726743349

forgot to add, skip to 41:00
>>
>>726743365
There's also way more of it than anyone wants to admit because if they did it would tank the gold market. Same with diamonds.
>>
>>726742402
Garrret is not a bad one. All of them have their good and bad points. The best one Minelabs is making now is the CTX3030 you can use it underwater. But I am not spending $3K on a new detector at this point.
>>
>>726743387

Yeah all currencies are "backed" by the USD. I personally think that this is all engineered to deliberately cause a worldwide crisis as a pretext to a one-world government with one centrally controlled digital currency.
>>
>>726743349

hahhaha, that is propaganda that gold companies who have infomercials on late night tv say.

That happened once in History, in one country, and it was because of war.
How retarded are you? Let me guess, you also don't realize as soo as you sighn your name and buy a diamond that it loses 80% of its value.. I bet you think diamonds last forever hahah
>>
>>726743594
Maybe in existence but not mined.
>>
>>726742723
Because you are not a verified foundry is why. The only thing melting your own metal is good for is jewelry if you make your own custom stuff, and even then you really need to be certified to have your goods be of value. It is just how the system is.
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>>726743775

It happened in Germany, the U.S, Iraq, Italy, and others.

This is economics, not some fuckin Shamwow scheme

>diamonds

How the fuck are diamonds pertinent to this discussion, you inbred cum shitter?
>>
>>726743746
That's because the USD is the strongest most stable
>>
>>726743775
I thought diamonds were a girls best friend
>>
>>726744094
That makes sense but it doesn't render it "worthless"
>>
>>726744115

Australia and the U.K too, my nigga.
>>
what the fuck is going on did hiro delete >>>/biz/
>>
>>726744159
>strongest most stable
THis is not true
>>
>>726741238
[email protected]

>>726741500
Email me

>>726742610
Lol geez x)
>>
>>726744159

It's neither, kiddo. And whatever airs of stability and strength there are, are only superficial.
>>
>>726744508
yes it is you suck on the end of my penis
>>
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>>726744415

>board is literally called "random"
>>
>>726744588
Same can be said about any currency.
>>
>>726743746
Exactly!
When the Pound took a dump the only country that had a viable currency for the world market was the US. If the USD goes there is really none to take over. So yes cash, and anything that resembles it becomes worthless, and is converted to electronic credits. Naturally though it will not buy you much in credits per dollar/currencies. The same will be true of supposed precious metals as well. That is because it is the International Banking Cartel running the show. Well they already are, but not fully yet.
>>
>>726744718
Yeah but this is an actual rational discussion going on and I have yet to see one gay black dick.
>>
>>726744593
Stop being an ignorant ameriatrd
>>
>>726744796
>So yes cash, and anything that resembles it becomes worthless
You can still burn it for warmth and wip your ass with it.
>>
>>726744283
For value it does. It is treated as impure, and not worth its full value. It is just how the system works. Remember the system is not setup to help the little guy, it is set up to for the big guys.
>>
>>726744796
Buy land. Land will always hold value and you can use it as a platform for pushing your own agenda.
>>
>>726745081
But couldn't the foundry just melt it down again themselves, and then certify it or whatever?
>>
>>726744786

No shit, since they're all backed by nothing but debt.

Except the dinar in Libya...oh wait, Gaddafi was overthrown, Libya's gold was stolen and no one knows where it went, and their banks were replaced with Rothschild style interest based fractional lending kike bullshit.

Face it, anyone who doesn't participate in the fiat paper currency inter-generational theft Ponzi scheme is gonna get iced, because "They" don't like it, because it means fewer slaves.
>>
>>726745164
Although this is true, do not disregard taxes and maintenance.
>>
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>>726744533
Sneak peek. Tiny like I said lol
>>
>>726745453
hot little gook, you like money dont you slut

you like white man cumming in you?
>>
>>726745164
I have a friend that just buys land near expanding population cities and sits on it for a few years, sells it. That is his entire occupation.
>>
>>726744796

>tfw Hitler tried to beat the Jewish International Banking Cartels
>drunken cunt Churchill was paid by a group of bankers called "Focus" to throw Britain into WW2 and get the U.S involved to stop Hitler from breaking the chains
>>
>>726745558
and while he owns the land, he rents it out
>>
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>>726737611
Been mining gold for years.
>>
>>726737930
not with mini-btc being out now. it's devalueing like every other form of non-rare, solid currency. stick with silver and gold
>>
>>726745534
You're being catfished, idiot.
>>
>>726745824
damn how u mine gold nigga?
>>
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>>726745946
With the right ewuipment
>>
>>726745230
But they charge you a major fee to do the certification. So you are better off sending them the metal, and getting paid by them for it.
>>
>>726746111
where in the world are u?
>>
>>726746214
Probably Canada or Coast of South West Africa
>>
>>726746114
Ok. So I see what you mean by 'built for the big guy'. Thanks.
>>
>>726746214

Zimbabwe.

https://www.youtube.com/watch?v=s3LdNxV0yPM
>>
>>726746345
Or alaska
>>
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>>726746214
New Zealand

I also collect ancient jewellery. These rings range between 1,000 - 2,000 years old...
>>
>10k

Wow, we got a high roller over here.

Jews watch out.
>>
need gold toilets http://arthichaud.mytoilet.net
>>
>>726744159
The USD is held up by our slowly crumbling defense industry as more and more people get into weapons manufacturing and our own people are getting more and more liberal attitudes towards weapons in general. Hundreds of thousands of jobs are based on weapons manufacturing and RnD which is then sold to trade partners so that they can use them to fight wars in third world countries for personal ideals and production rights. And of course, we also sell to ourselves since corporations no longer have to be exclusively loyal to the US and they can outsource labor to cheaper countries which means corporations can relocate entirely if the US gets in a fight it can't win like with Russia or even European countries which have been harboring an odd love/hate relationship with the US for decades.

(China I'm a little less worried about since their navy and airforce is out of date which cripples their ability to move the giant ground army it has overseas. They could hold china for a few years but it's ultimately boxed in by an allied coalition unless they get better support than Vietnam and North Korea.)
>>
>>726746400
>New Zealand
>picture is upside down
Well played.
>>
>>726746356
Lol that's Offshore equipment in the picture, the Zambabwean's cant even afford spades nvm the type of boats you need for dredging
>>
>>726737611
Nice, wish I could afford full oz. krugerands. Instead I am doing ASE and fractional gold.
>>
>>726737611
Speaking on gold investment only, excluding all other scenerios: If you're going to invest in gold, why don't you buy actual bars that are far more valuable and don't have the novelty expense of coins?
>>
>>726746400
lol
>>
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>>726746535
Here's a good week's production.

That's about 50 Oz
>>
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>>726745621
Well the reality is that it is the old monarchies, and people like Chase, Rockefeller's, Getty's ect who have been creating this system. Now there are some Jews in the mix, but they are not the predominate power in the cartel.
>>
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>>726746497
>if the US gets in a fight it can't win like with Russia or even European countries which have been harboring an odd love/hate relationship with the US for decades.
>>
>>726746839
that's awesome you are jealousing me
>>
>>726746926
>implying
>>
>>726746400
story. green text these pieces. plox
>>
>>726738475
Pretty much THIS every time one of my dumb-ass friends tells me they are investing in gold
>>
>>726746214
Hell you can still pull out gold here in Arizona as well. I sometimes pan near Prescott, and dry pan in the Phoenix area desert. Then the Carolinas still have gold in some creeks, and rivers. Just get a book on what to look for to find it.
>>
>>726747228
adorable.
>>
>>726747228
Sure.

I've been collecting ancient Roman and Greek jewellery for decades.

The ring on the left is Islamic from Syria. Dates from around 1000 AD

The middle Irving is Byzantine from 800 AD

The ring on the righ is Hellestic Greek from around 0 AD

These are the three rings I wear on a daily basis.
>>
>>726747084
>implied
>>
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>>726746427
I have another ~80k-ish(?) in an investing account.

10k is six months salary for you, turd.
>>
>>726746869

The Rothschilds, George Soros, and to a lesser degree the Rockerfellers, are all Jewish. The Rothschilds are the most powerful.
>>
>>726747228
Oh! It is gender fluid Moot.
Now you are going to get the trap fans wanking.
>>
>>726745824
i'll bet her hole's been mined for years too
>>
>>726747228
>dick size checks out
>>
>>726747752
Yup. She's 43 and still has body of 20 year old
>>
>>726747769
>>726747228
god I miss moot bashing
>>
>>726739256
gold bullets would work better than lead
>>
>>726738475
>Gold will be worthless
Yeah, there is absolutely no historical precedent for that statement. Gold has always had value and will always have value. The purpose of people buying gold for a SHTF situation isn't to get a 1:1 exchange in value for their gold. They are hoping that a single 1 oz gold coin can be used to barter for supplies with. In that situation, a gold coin might save your life if you have nothing else.

Pull your head out of your ass faggot. I prep and I would gladly take 1 oz of gold for some of my surplus food and water.
>>
>>726747576
I really appreciate it. thank you.
>>
I have a modest silver stack. I use it because buying silver makes me feel like I've bought something so I don't have the urge to spend it on some dumb ass thing that loses value in a blink.
>>
>>726747807
god damn, lucky you.
>>
>>726748040
Then you are a fool.
>>
>>726737611
gold isnt gona mean shit. guns,ammo,livestock and a source of clean water. get working on those and your set.
>>
>>726747998
and they would kill vampires and werewolves
>>
>>726739634
Man u so edgy i shouldnt have bought that whetstone
>>
>>726739706
Gold is literally the best electric conductor there. Bleeding edge electronic circuits are made of gold
>>
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>>726747752
what size bore?
>>
>>726748040
Can't eat gold. Gold is only real useful for advanced electronics in a practical, cost effective sense of "I have to actually use my stuff for something" due to it's high conductivity and high corrosion resistance. If you're going for full "shit hits the fan and now we inna woods" invest in a ton of life straws. Basically tiny filters you could use to drink from most moderately contaminated water sources. You could trade those things or even just the clean water they create for a lot of stuff. But for just an economic crisis, I still say land is the best investment, no contest.
>>
>>726737611
im stocking silver dimes like a doctor motherfucker
>>
>>726737930
>too volatile to be a secure investment
>only good for people who bought bitcoins when they were extremely cheap
>more difficult to use than money
>>
yep. I have around 3k in actual gold (today's rate) on me now.
>>
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>>726751189
Is it rifled?
>>
>>726740747
this,
ive done divisions for 80g of gold ranging from .5 gram pieces to 5 oz
what you have there will get you something really really nice, or killed.
>>
>>726752976
you'll find out when you get sniped by a turd
>>
>>726737930
>bitcoins
>literally it's main use was as an online black market money backed by the fact that it was hard to track who actually owned the money and what the transactions were for

Bit coins are valued by whatever currency you can sell them for. The idea is that a person buys bit coins, uses the bitcoins to buy a product or service (usually of dubious legality), and then the person who sold the product or service can sell the bit coins to a currency exchange for a more publicly accepted currency with several extra levels that any authorities trying to track the money would have to go through. It's just as, if not more unstable than USD due to the unpredictability and generally looser regulation of it's value.
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