is Silver the new bitcoin?

I've had a stash for years, m8

I'm more into gold. Keep it up, metal bros.

What's the best way to start out a stash? I was thinking of buying $50-100 worth every month or so.

>>1714120
You'd make more money investing in index funds.

Metals are memes like the shitcoins they try to peddle for, don't fall for it. If you did any research *listening to fags here and on youtube* you'd understand they are shit tier investments.

>>1714123
listening to fags on youtube and here doesn't count*

>>1714123
Profits are reserved for bluepilled coiners.

Prophets are reserved for redpilled "metals memes"

You decide

If you never bought any silver before and you are not sure just buy on ounce first so you can see what real money looks like, feels like, and sounds like.

Afterwards, go to https://comparesilverprices.com/
and pick the dealer of your choice.

Enjoy

Amagi and Provident take Bitcoin (for now) in exchange for metals.

>>1714132
>he believes gold is an investment that grows

O im laffin

Have fun matching inflation for the rest of your life poorfag (at best, you'll probably just be laughed at with your shitty coins)

>>1714123
Metals are not investments, they are a way to store value and secure it against inflation / political turmoil / economic recessions. I don't put all my money into gold, but I can sleep well knowing that I have some. It's insurance.

>>1714152
>It's insurance.
gets it

>>1714152
>economic recessions
that's wrong tho, in a recession cash is best.

>>1715175
R u retard?

>>1715240
in a recession people liquidate their assets this puts a downward pressure on every traditional asset class including metals.

the one with cash to spare can buy these cheaper and cheaper.

>>1715240
shut up GOY

>>1714097

>bitcoin
>dead

lmao

https://99bitcoins.com/bitcoinobituaries/

>>1714152
Yea but find me someone who can time this shit perfectly.

Time in the market is better than trying to time the market, historically.

>>1715480
GOY kek

File: bolivar.jpg (53KB, 774x481px) Image search: [Google]

53KB, 774x481px

>>1714150
Tell that to the ones matching hyperinflation right now in Venezuela.

I can wait for that.

No one wants any fiat.

>>1714097
Have like 30 pounds

>>1715531
>No one wants any fiat.
graph literally shows a very serious and growing demand for us dollar.

>>1714097
First of all, since when is bitcoin dead? And second of all.. Why does it have to be one or the other? Why can't you own both? Morons and faggots should not give financial advice..

>>1715536
Pretty sure its showing a shitty bolivar

>>1715729
That's the same thing you fucking mongoloid

>>1715854
I know americans like to make everything about them but this chart could have been about any foreign currency 2bh, the bolivar has just turned into shit.

>>1715536
Yes that is correct.

The first flight.

Now take that same Bolivar and price it in Gold.

Fiats never retain purchasing power.

Silver and gold do.

>>1714097
Bitcoin is not dead, you dumb motherfucker.

>>1715660
Society has been holding fiat and idolizing it long enough all while Silver gets a bad rap.

They had it in coinage but took it out and devalued everything in the process.

The current world is saturated with fiat ideas and fiat dreams.

Have you noticed what it ultimately does?

Chaos.

Nothing is free in life.

Creating currency out of thin air and backing it with nothing for so many years has its price.

Bitcoin is life extension for the fiat ponzi scheme.

>>1715871
No one buys shit in gold and silver.

When the apocalypse comes though I'll be coming for your shit though with all the guns and ammo I bought with dollary-doos. :^)

>>1714097
Gold is better. Also, you get to have a big, cool ass money pit at the end of the day.

>>1715881
Silver in - Bitcoin out

COPE

File: Best poster frog.jpg (24KB, 499x499px)

24KB, 499x499px

>now that bitcoin is dead

File: image.jpg (179KB, 1442x954px)

179KB, 1442x954px

>>1715881
>((((((((((TRIGGERED)))))))))))

>>1714097
percentage wise price increases will make silver will look like bitcoin some day.

>>1715883
>No one buys shit in gold and silver.
I do tech installations - one of the wealthier clients bought his daughter a horse for her birthday and paid in gold.

File: image.jpg (65KB, 500x640px) Image search: [Google]

65KB, 500x640px

>>1716061
>one of the wealthier clients bought his daughter a horse for her birthday and paid in gold.

why are rich people such lame-ass fucking memes?

>>1715253
Lies

File: 1469503788692.jpg (8KB, 240x240px)

8KB, 240x240px

>>1714097
I traded my Bitcoin at the peak for silver at the dip. Never felt better.

>>1715253
I'm sure post the German Mark would love to hear your reasoning.
Cash is arguably the worst thing to have during an economic crisis besides credit. You want tangible assets. Hardware, metals, property, etc.

File: markspyramid.jpg (75KB, 341x500px) Image search: [Google]

75KB, 341x500px

>>1716907
Looks like they will have to learn the hard way....again

silver/gold physical are long term holds vs unstable markets.

you wont get any gains till you can sell it on. to do that you either want generic bullion at low premium or to get into collectors items like low mint coins and jewellery

i like unusual jewellery to wear/sell on so invest in small amounts of it

> No dividend
> Possibility of theft, loss, damage
> Less liquidity than stocks or bonds
> Basically no long run, inflation-adjusted value gains
> Why aren't you investing in silver?

>>1715486
anyone who bought gold in 2002-2008 bought gold perfectly, if they invested in stocks in 2009, gold had bounced back. i got like 8% in gold btw

File: BoyHereWeGo.jpg (67KB, 630x623px) Image search: [Google]

67KB, 630x623px

>>1714150
>>1714152
>>1718455
>Ye old "silver can't match inflation" meme.

>Be me, bought silver back in july 2015
>The average back then was $15.67 per ounce.
>According to inflation, to retain value each ounce should cost $15.96

http://www.usinflationcalculator.com

>Right now, the silver ounce is worth $16.51
>The average within last year have been $17.20
>The maximum value have been $21.21

How stupid can you be, /biz/raelis?

>>1718811
is it not rightfully called a hedge?

>>1716907
>during an economic crisis
you mean hyperinflation? sure, but a recession starts with deflation, and then can lead to hyperinflation but by then you already bought the assets for cheap.

trust me you want to start with cash. and want to buy land gold and even some stocks with it before the shitstorm stirs up.

>>1718811
If that's not an arguement against investing in silver I dont know what is, look at them no gains.

>>1718811
Stop posting anime shit on /biz/. This is a serious board.

>>1720035
I don't think it's for gains, I think this guy is right. >>1718831

>>1714097
A friend of mine has been buying silver and gold for over 15 years because it is safe to put your money there.

>>1714123
>>1714097
It's about investing somewhere safe. I cant recall at the moment but during one of the last financial crisis there was a country issuing bonds at a negative interest rate, just because it was safer to put your money there rather than investing usd/eur.

>>1718811
that's a higher percentage increase than bitcoin since july 2015
L M A O

COINKEKS ON SUICIDE WATCH

Prince had 67 10 ounce bars of gold.

All these asshole boomers are going to die and sell everything off to pay for their healthcare. Deflation and death then war.

Gold is dead get the dollar. :(

>>1714115
Diversify some. Why not have both?

>>1715883
Ammo is great too, just make sure to store it away from moisture.

I made 25k past week on JNUG and JDST

>>1720498
you need to lube ammo up with vaseline for long term storage

Gold is a good investment to hedge risk in your portfolio because it is basically an indicator of fear in the markets. When people are confident about the market, the search for gold desreases (trump's rally is an example); when people start to fear an event that may cause umpredictable losses, they buy gold (see gold price until elections). Gold is a safe heaven and is great to have at least a small percentage of it in your portfolio, like 5-10% imo

>>1720235
He knew the rest was shit.

Purple rain....

We fight our forefathers meme wars.

>>1720867
I'd rather have that amount locked in bonds.