Liberal Forum

If you listened to ZH:

- You would have PULLED OUT of the stock market in 2010, and never gotten back in (SP was 1000-1300 back then, now 5000+)

- You would’ve stacked Silver and Gold, back when Silver was 30+ (Silver is below 30 at the moment, garbage **** trash investment) and Gold was approx 1500-1700.

[In fact I track SLV every day, and I am predicting a turnaround sometime soon. Imagine sitting on negative returns while everything around you doubles every 7-9 years]

Today gold is only about 60% higher, after 12+ years (dismal, below 5% CAGR)

- You would never have bought Bitcoin, back when it was trading at $1, $10, $100, $1000, or even $10000

Oh and here’s the best part. When you buy silver and gold and try to pawn them / sell, the dealer ALWAYS charges rip off fees. ALWAYs. 

Literally, almost every investment class has performed better than Silver since 2009     

Meanwhile brokerages have ELIMINATED commissions for regular stock purchases, they charge about 5 cents for an options trade which the normies don’t use / don’t know how to properly use so it doesn’t matter to them

   

Look, I think the system is going to collapse as well, I’m just NOT RETARDED ENOUGH TO DENY A 10+ LONG BULL MARKET IN EVERYTHING (EXCEPT SHINY METALS, THE ONE THING THEY TOLD YOU TO STACK AND YET HAS GONE NOWHERE / PERFORMED POORLY)

 
 

LowIQTrash » 08 Aug 2024, 3:12 pm » wrote: ↑

08 Aug 2024, 3:12 pm

If you listened to ZH:

- You would have PULLED OUT of the stock market in 2010, and never gotten back in (SP was 1000-1300 back then, now 5000+)

- You would’ve stacked Silver and Gold, back when Silver was 30+ (Silver is below 30 at the moment, garbage **** trash investment) and Gold was approx 1500-1700.

[In fact I track SLV every day, and I am predicting a turnaround sometime soon. Imagine sitting on negative returns while everything around you doubles every 7-9 years]

Today gold is only about 60% higher, after 12+ years (dismal, below 5% CAGR)

- You would never have bought Bitcoin, back when it was trading at $1, $10, $100, $1000, or even $10000

Oh and here’s the best part. When you buy silver and gold and try to pawn them / sell, the dealer ALWAYS charges rip off fees. ALWAYs. 

Literally, almost every investment class has performed better than Silver since 2009     

Meanwhile brokerages have ELIMINATED commissions for regular stock purchases, they charge about 5 cents for an options trade which the normies don’t use / don’t know how to properly use so it doesn’t matter to them

   

Look, I think the system is going to collapse as well, I’m just NOT RETARDED ENOUGH TO DENY A 10+ LONG BULL MARKET IN EVERYTHING (EXCEPT SHINY METALS, THE ONE THING THEY TOLD YOU TO STACK AND YET HAS GONE NOWHERE / PERFORMED POORLY)

I have a small percentage of metals stuck in a nook at home. What stopped me from ever taking any of it seriously was a gold dealer telling me that if the price o' gold hit some peak, he'd close shop for a week or two. Going on vacation in Las Vegas for 2 weeks would be cheaper than staying open.

LowIQTrash » 08 Aug 2024, 3:12 pm » wrote: ↑

08 Aug 2024, 3:12 pm

If you listened to ZH:

- You would have PULLED OUT of the stock market in 2010, and never gotten back in (SP was 1000-1300 back then, now 5000+)

- You would’ve stacked Silver and Gold, back when Silver was 30+ (Silver is below 30 at the moment, garbage **** trash investment) and Gold was approx 1500-1700.

[In fact I track SLV every day, and I am predicting a turnaround sometime soon. Imagine sitting on negative returns while everything around you doubles every 7-9 years]

Today gold is only about 60% higher, after 12+ years (dismal, below 5% CAGR)

- You would never have bought Bitcoin, back when it was trading at $1, $10, $100, $1000, or even $10000

Oh and here’s the best part. When you buy silver and gold and try to pawn them / sell, the dealer ALWAYS charges rip off fees. ALWAYs. 

Literally, almost every investment class has performed better than Silver since 2009     

Meanwhile brokerages have ELIMINATED commissions for regular stock purchases, they charge about 5 cents for an options trade which the normies don’t use / don’t know how to properly use so it doesn’t matter to them

   

Look, I think the system is going to collapse as well, I’m just NOT RETARDED ENOUGH TO DENY A 10+ LONG BULL MARKET IN EVERYTHING (EXCEPT SHINY METALS, THE ONE THING THEY TOLD YOU TO STACK AND YET HAS GONE NOWHERE / PERFORMED POORLY)

I bought most of my silver back in 2020 most below $15/oz. I didn’t buy it to sell back to a dealer, I bought it more as a doomsday currency, I gotta a little Bitcoin too. When SHTF and my paper money and stocks are worthless, at least I have something I can throw in my  go bag and hopefully survive. Might be silly but it gives me a little piece of mind.

I’m also heavily invested in copper, brass, lead and nitrocellulose.
 
 
 

Cedar » 08 Aug 2024, 9:47 pm » wrote: ↑

08 Aug 2024, 9:47 pm

I bought most of my silver back in 2020 most below $15/oz. I didn’t buy it to sell back to a dealer, I bought it more as a doomsday currency, I gotta a little Bitcoin too. When SHTF and my paper money and stocks are worthless, at least I have something I can throw in my  go bag and hopefully survive. Might be silly but it gives me a little piece of mind.

I’m also heavily invested in copper, brass, lead and nitrocellulose.

Livestock? 
 

DeezerShoove » 08 Aug 2024, 8:20 pm » wrote: ↑

08 Aug 2024, 8:20 pm

I have a small percentage of metals stuck in a nook at home. What stopped me from ever taking any of it seriously was a gold dealer telling me that if the price o' gold hit some peak, he'd close shop for a week or two. Going on vacation in Las Vegas for 2 weeks would be cheaper than staying open.

I’m pissed because…I’ve been hearing this for YEARS. 

“Silver is going to $100!”

I did happen to profit off the move to $30…except it could not even keep $30. So I bought back in at least 4x and every time it went lower, so I threw in the towel about a month ago.

And this is my vengeance thread lashing out at all the morons who are True Believers (TM)

LowIQTrash » 09 Aug 2024, 10:04 pm » wrote: ↑

09 Aug 2024, 10:04 pm

Livestock?

24 chickens.
 

LowIQTrash » 09 Aug 2024, 10:07 pm » wrote: ↑

09 Aug 2024, 10:07 pm

I’m pissed because…I’ve been hearing this for YEARS. 

“Silver is going to $100!”

I did happen to profit off the move to $30…except it could not even keep $30. So I bought back in at least 4x and every time it went lower, so I threw in the towel about a month ago.

And this is my vengeance thread lashing out at all the morons who are True Believers (TM)

A former boss of mine, not an unintelligent person, actually gave up contributing to a 401k that included matching funds. He instead bought silver by the wagonload. He became cash poor, so heavily invested in silver that way.
One of my little stashes is because he wanted to make a vehicle purchase so he sold some silver to me at $12.
I walked out to my car with over 45 lbs. of silver that day. Kind of funny driving home that night out of Detroit.  

The thing is it's never going to be valueless. Just not a great investment either.
He always said it will be well over $50. Somebody was pretty convincing...