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

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

Anyone else planning for the inevitable financial meltdown?

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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.

buttcoins

its basically digital gold at this point

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.

and then what? sell your gold for 33% more worthless dollars that you bought it for?

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.

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.

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.


>tarnished
>gold
Hmmm

There will be no meltdown, Trump won't allow it.

You understand there's a special capital gains tax when you sell gold, right?

There has never been a time in history, in a culture which had currency, that didn't value gold.

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.

Baaaaaaaaaaaaaaaaaaaaaaahhhhh little sheep.

Finally, someone with sense.

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...

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.

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.

.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.

fuck off william

You're going to be one of the first ones dead.

Wait for it to fall below $1000usd before buying any more or you will lose your ass.

You could melt the gold down to make .22 LR. win win.

is there a best before date on penicillin?
how long can i store it?

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.

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.

kek, trump will be the one causing it.

Finally some grownups join the conversation.
I got these for $25 on spot, which is about a 2% markup.

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!

Yeah, that's fine. See what happens when you go to sell them, though.

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.

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

Also about 2% - 4%, depending on the place.

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.

bait

>Cash will NEVER lose value. Ever.

You're retarded. Incurably.

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.

>gold is worthless because of my masturbatory apocalypse fantasy

yeah, nah.

Sorry, the sarcasm factor went over my head. apologies. lol

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

stock up on these dude.

...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

>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).

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.

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

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.

collectables like you mentioned are far more speculative than commodities

same here, 2011 was a good year

Tobacco and liquor would probably be most demanded next to food.

Yep. Overvalued=sell and make bank, buy undervalued shit, wait til it's overvalued, sell, etc so on.

You'd have been better off buying ammunition.
pic related

>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?

>financial meltdown
>gold

That'll help.

I saw this clip today. Made me lol:
youtube.com/watch?v=VLi_5eHjlFc

...As with any investment?

>forex

gamble much?

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?

Im sitting on a gold mine of cabbage patch kids

Where do you find the metal? Beaches or mineral form ?

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

Gold Trader please go. There will be no return to the standard now or ever. I would suggest putting all your money in Herbalife.

You can make a small forge thing for like $200. Make your own ingots. I watched a tutorial on YouTube.

you know the rules.

tits or GTFO

you could make a golden gun like in James Bond and then kill yourself with it

>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.

What is your email?

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. :)

>Currency of value disappeared a longtime ago.
no it didn't.

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

Jesus fuck you can't make this shit up oh my god

Dumb. We'll be mining the mood/planets/asteroids soon enough.

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.

I'm killing you first though.

post spread ass hole with timestamp and I'll drop $100 in your account

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 :^)

Bread without preservatives lasts maybe 3 days unless you put it in the freezer.

You asshole

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.

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

LOL! Yeah I have no doubt on that.
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.

Probably not, but if you pour metal in zero gravity, it's like 300% stronger because there are less faults.

I have a shitty garrett but I might try that.

>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.

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.

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.

Where are you? Do you do some fooky,fooky,sooky, sooky massage?

>then it is worthless
But why?

>recession
>financial meltdown
pick one

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.

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.

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.

youtube.com/watch?v=tj2s6vzErqY&t

>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.

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.

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

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

More like 5k.

forgot to add, skip to 41:00

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.

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.

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.

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

Maybe in existence but not mined.

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.

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?

That's because the USD is the strongest most stable