Anyone Buying Gold?

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  • mopek1
    Confirmed User
    • Jun 2004
    • 3198
    #1

    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.
    Tags: None
    • nikki99
      Supermodel
      • Nov 2004
      • 23087
      #2
      BTC is the answer
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        • CurrentlySober
          Too lazy to wipe my ass
          • Aug 2002
          • 38957
          #3
          im sticking to poo


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            • nikki99
              Supermodel
              • Nov 2004
              • 23087
              #4
              Originally posted by CurrentlySober
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                • plsureking
                  bored
                  • Aug 2003
                  • 4909
                  #5
                  always.

                  #
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                    • jscott
                      jscizzle
                      • Feb 2001
                      • 25415
                      #6
                      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)
                      If you think tough men are dangerous, wait until you see what weak men are capable of.
                      - Jordan B. Peterson
                      Listen to Pomp tell why is Bitcoin important

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                        • Idigmygirls
                          Confirmed User
                          • Jan 2007
                          • 498
                          #7
                          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).
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                            • jscott
                              jscizzle
                              • Feb 2001
                              • 25415
                              #8
                              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
                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                              - Jordan B. Peterson
                              Listen to Pomp tell why is Bitcoin important

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                                • CaptainHowdy
                                  Too lazy to set a custom title
                                  • Dec 2004
                                  • 94744
                                  #9
                                  Whores with hearts of gold only . . .

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                                    • CAHEK
                                      C.C.C.P.
                                      • Aug 2003
                                      • 7414
                                      #10
                                      Buy Silver
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                                        • OneHungLo
                                          So Fucking Banned
                                          • May 2001
                                          • 40906
                                          #11
                                          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.

                                            Comment

                                            • mopek1
                                              Confirmed User
                                              • Jun 2004
                                              • 3198
                                              #12
                                              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.

                                                Comment

                                                • Look Chang
                                                  Voyeur
                                                  • Sep 2010
                                                  • 18262
                                                  #13
                                                  Originally posted by CaptainHowdy
                                                  Whores with hearts of gold only . . .
                                                  I inseminate them as much as I can ...

                                                    Comment

                                                    • CAHEK
                                                      C.C.C.P.
                                                      • Aug 2003
                                                      • 7414
                                                      #14
                                                      Today biggest 2-day drop in gold (in dollar terms) since the March 2020 crash.
                                                      Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

                                                      Make Europe Poor Again (MEPA)

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                                                        • Sergio
                                                          Confirmed User
                                                          • Apr 2019
                                                          • 625
                                                          #15
                                                          Try something like this - https://www.royalmint.com/
                                                          Here you can buy super quality gold and also safe it there
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                                                            • jscott
                                                              jscizzle
                                                              • Feb 2001
                                                              • 25415
                                                              #16
                                                              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?
                                                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                              - Jordan B. Peterson
                                                              Listen to Pomp tell why is Bitcoin important

                                                                Comment

                                                                • mopek1
                                                                  Confirmed User
                                                                  • Jun 2004
                                                                  • 3198
                                                                  #17
                                                                  Originally posted by jscott
                                                                  How can you verify it's quality? or its authenticity?
                                                                  I always wondered that too.

                                                                    Comment

                                                                    • jscott
                                                                      jscizzle
                                                                      • Feb 2001
                                                                      • 25415
                                                                      #18
                                                                      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
                                                                      If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                      - Jordan B. Peterson
                                                                      Listen to Pomp tell why is Bitcoin important

                                                                        Comment

                                                                        • NicoleGrey
                                                                          Confirmed User
                                                                          • May 2020
                                                                          • 584
                                                                          #19
                                                                          Bitcoin=Digital Gold
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                                                                            • 12clicks
                                                                              Too lazy to set a custom title
                                                                              • Jan 2001
                                                                              • 19813
                                                                              #20
                                                                              If there's a collapse, good luck passing around computer computations for food.
                                                                              I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.

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                                                                                • jscott
                                                                                  jscizzle
                                                                                  • Feb 2001
                                                                                  • 25415
                                                                                  #21
                                                                                  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.
                                                                                  If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                  - Jordan B. Peterson
                                                                                  Listen to Pomp tell why is Bitcoin important

                                                                                    Comment

                                                                                    • CaptainHowdy
                                                                                      Too lazy to set a custom title
                                                                                      • Dec 2004
                                                                                      • 94744
                                                                                      #22
                                                                                      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.

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                                                                                        • romeo22
                                                                                          你自己去他媽的
                                                                                          • Mar 2008
                                                                                          • 23350
                                                                                          #23
                                                                                          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

                                                                                            Comment

                                                                                            • Badmaash
                                                                                              Confirmed User
                                                                                              • Jan 2007
                                                                                              • 2695
                                                                                              #24
                                                                                              no......................
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                                                                                                • Porko
                                                                                                  SeeMyBucks.com
                                                                                                  • Sep 2002
                                                                                                  • 4014
                                                                                                  #25
                                                                                                  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

                                                                                                    Comment

                                                                                                    • k0nr4d
                                                                                                      Confirmed User
                                                                                                      • Aug 2006
                                                                                                      • 9231
                                                                                                      #26
                                                                                                      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
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                                                                                                        • peter100
                                                                                                          Confirmed User
                                                                                                          • Jul 2018
                                                                                                          • 176
                                                                                                          #27
                                                                                                          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.

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                                                                                                            • brassmonkey
                                                                                                              Pay It Forward
                                                                                                              • Sep 2005
                                                                                                              • 77397
                                                                                                              #28
                                                                                                              melting some now
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