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mopek1 08-04-2021 07:22 AM

Anyone Buying Gold?
 
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 08-04-2021 07:27 AM

BTC is the answer

CurrentlySober 08-04-2021 07:32 AM

im sticking to poo :2 cents:

nikki99 08-04-2021 07:40 AM

Quote:

Originally Posted by CurrentlySober (Post 22895375)
im sticking to poo :2 cents:

poo sells in germany and japan :2 cents::thumbsup

plsureking 08-04-2021 09:11 AM

always.

#

jscott 08-04-2021 01:47 PM

Quote:

Originally Posted by nikki99 (Post 22895374)
BTC is the answer

^^ :thumbsup

Bitcoin > gold > fiat

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

Idigmygirls 08-04-2021 02:29 PM

Quote:

Originally Posted by mopek1 (Post 22895372)
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 08-04-2021 02:33 PM

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 :thumbsup

CaptainHowdy 08-04-2021 03:32 PM

Whores with hearts of gold only . . .

CAHEK 08-04-2021 04:22 PM

Buy Silver

OneHungLo 08-04-2021 06:29 PM

Quote:

Originally Posted by Idigmygirls (Post 22895542)
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 08-05-2021 12:32 PM

Quote:

Originally Posted by Idigmygirls (Post 22895542)

(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 08-05-2021 07:30 PM

Quote:

Originally Posted by CaptainHowdy (Post 22895572)
Whores with hearts of gold only . . .

I inseminate them as much as I can ...

CAHEK 08-08-2021 04:41 PM

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

Sergio 08-09-2021 01:45 AM

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

jscott 08-09-2021 05:43 AM

Quote:

Originally Posted by Sergio (Post 22897497)
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 08-09-2021 06:23 AM

Quote:

Originally Posted by jscott (Post 22897536)
How can you verify it's quality? or its authenticity?

I always wondered that too.

jscott 08-09-2021 10:35 PM

Quote:

Originally Posted by mopek1 (Post 22897540)
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 :helpme

NicoleGrey 08-10-2021 02:33 AM

Bitcoin=Digital Gold

12clicks 08-10-2021 08:00 AM

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

jscott 08-10-2021 08:13 AM

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 08-10-2021 08:22 AM

Quote:

Originally Posted by Look Chang (Post 22896212)
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 08-10-2021 03:14 PM

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 08-11-2021 09:22 AM

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

Porko 08-11-2021 09:32 AM

Quote:

Originally Posted by mopek1 (Post 22895372)
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 :thumbsup

k0nr4d 08-12-2021 03:53 AM

Quote:

Originally Posted by romeo22 (Post 22898296)
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 :1orglaugh

peter100 08-12-2021 06:26 AM

Quote:

Originally Posted by mopek1 (Post 22895372)
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.

:thumbsup

brassmonkey 08-12-2021 07:27 AM

melting some now


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