Anyone Buying Gold?

[mopek1]

The word is that because of the amount of money being printed that the dollar will collapse in on itself and that BTC and Gold will be the currencies standing at the end of all of this.

I'm not knowledgeable enough in the finances industry to know either way so I wanted to know what your thoughts were.

Also, it's being said that physical gold is what we should buy, not paper gold.

[nikki99]

BTC is the answer

[CurrentlySober]

im sticking to poo

[nikki99]

Originally Posted by CurrentlySober

im sticking to poo

poo sells in germany and japan

[plsureking]

always.

#

[jscott]

Originally Posted by nikki99

BTC is the answer

^^

Bitcoin > gold > fiat

https://miro.medium.com/max/672/1*vp...gEee6WM-kw.png (img wont post, but it comes from here)

[Idigmygirls]

Originally Posted by mopek1

The word is that because of the amount of money being printed that the dollar will collapse in on itself and that BTC and Gold will be the currencies standing at the end of all of this.

I'm not knowledgeable enough in the finances industry to know either way so I wanted to know what your thoughts were.

Also, it's being said that physical gold is what we should buy, not paper gold.

Paper gold is a pyramid scheme. If you want to protect against the collapse of the USD, you should buy both physical gold and Bitcoin.

Bitcoin is worthless if the Internet is down in your area. Gold is hard to verify and use for transactions but is great as a store of value. Depending on the crisis, one or the other will turn out to be better.

IMO, under normal circumstances, Bitcoin is a superior store of value and protection against fiat collapse, but as the old saying goes, don't put all your eggs in one basket.

(for more, google "EMP attack" before you dismiss physical gold, such as Canadian Gold $50 pieces, as a good place to keep a little protection).

[jscott]

Mostly agree with you @Idigmygirls, but check this out: https://blockstream.com/satellite/

They're building Bitcoin stronger, more secure and generally better every single day

[CaptainHowdy]

Whores with hearts of gold only . . .

[CAHEK]

Buy Silver

[OneHungLo]

Originally Posted by Idigmygirls

Paper gold is a pyramid scheme. If you want to protect against the collapse of the USD, you should buy both physical gold and Bitcoin.

Bitcoin is worthless if the Internet is down in your area. Gold is hard to verify and use for transactions but is great as a store of value. Depending on the crisis, one or the other will turn out to be better.

IMO, under normal circumstances, Bitcoin is a superior store of value and protection against fiat collapse, but as the old saying goes, don't put all your eggs in one basket.

(for more, google "EMP attack" before you dismiss physical gold, such as Canadian Gold $50 pieces, as a good place to keep a little protection).

Love physical gold but havent added any since (I think either 2016 or 2014) it was $1200 an ounce.

But prior to that I was buying it up since 2005 when it was sub 500 an oz.

I like bitcoin but do not own any.

[mopek1]

Originally Posted by Idigmygirls

(for more, google "EMP attack" before you dismiss physical gold, such as Canadian Gold $50 pieces, as a good place to keep a little protection).

Thanks for this. I'll check it out now.

[Look Chang]

Originally Posted by CaptainHowdy

Whores with hearts of gold only . . .

I inseminate them as much as I can ...

[CAHEK]

Today biggest 2-day drop in gold (in dollar terms) since the March 2020 crash.

[Sergio]

Try something like this - https://www.royalmint.com/
Here you can buy super quality gold and also safe it there

[jscott]

Originally Posted by Sergio

Try something like this - https://www.royalmint.com/
Here you can buy super quality gold and also safe it there

What's the difference between "super quality gold" at RoyalMint compared to a not quality gold?
How can you verify it's quality? or its authenticity?

[mopek1]

Originally Posted by jscott

How can you verify it's quality? or its authenticity?

I always wondered that too.

[jscott]

Originally Posted by mopek1

I always wondered that too.

Yup! Waiting for the goldbugs to advise us on this, we might be waiting for a long,.... very very long time though

[NicoleGrey]

Bitcoin=Digital Gold

[12clicks]

If there's a collapse, good luck passing around computer computations for food.

[jscott]

Some don't realize that if/when an apocalypse comes, we're all fucked no matter what.

You either:

A.) bet that happens in your lifetime, and prepare your bunkers and bullets
or
B.) bet that does not happen in your lifetime, and reap the benefits of great technologies like internet, twitter, smart phones, & bitcoin

Some ppl teeter on ignorance for their entire lives.

[CaptainHowdy]

Originally Posted by Look Chang

I inseminate them as much as I can ...

A couple of days ago a hooker told me that I could cum inside of her. I was, to say the least, sceptical about it.

[romeo22]

Usd is dropping all the time seems more foreign countries dont believe is our currency anymore to they keep their reserves in gold or some other currency.

It stends Btc and gold are great way for keep the savings

[Badmaash]

no......................

[Porko]

Originally Posted by mopek1

The word is that because of the amount of money being printed that the dollar will collapse in on itself and that BTC and Gold will be the currencies standing at the end of all of this.

I'm not knowledgeable enough in the finances industry to know either way so I wanted to know what your thoughts were.

Also, it's being said that physical gold is what we should buy, not paper gold.

I prefer to invest on Vanguard 500 Index Fund ETF and VTI

[k0nr4d]

Originally Posted by romeo22

Usd is dropping all the time seems more foreign countries dont believe is our currency anymore to they keep their reserves in gold or some other currency.

It stends Btc and gold are great way for keep the savings

USD is going UP against PLN lately. That's right, even with all that money printing going on over there, the economy of Poland is managed even worse then the US

[peter100]

Originally Posted by mopek1

BTC and Gold will be the currencies standing at the end of all of this.

The cryptocurrencies paved the way for a new trend, most of the central banks around the world are under process for implementing digital currencies which maybe can replaced the real currencies , the project called " CDBC " "central bank digital currency" , China is at the final stage and we can see other countries following up within 2-5 years.

El Salvador has become the first country in the world to officially classify Bitcoin as legal currency. in addition Cryptocurrencies have been widely used by many merchants recently.

i think there is a great future for BTC and other currencies especially ETH (( the project is under progress and it will be ready by beginning of the next year and all expectation that ETH price will jump to the sky))

my suggestion is to use reliable and trusted company (( check the link in my signature )) to buy and store your currencies.

[brassmonkey]

melting some now