New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
You must log in or sign up to comment
6 comments:
Vlad_The_Impaler on scored.co
19 hours ago 8 points (+0 / -0 / +8Score on mirror ) 1 child
https://goldprice.org/gold-price-history.html

One ounce gold hit a high of $3500 last week.

You make less than your great grandparents made. They were paid in REAL gold and silver coins. You get paid in monopoly money. Don't talk too much shit about bitcoins when you work for physical toilet paper.
GoldenInnosStatue on scored.co
15 hours ago 3 points (+0 / -0 / +3Score on mirror )
>when you work for physical toilet paper

if the nukes ever drop, that's what most fiat will become

hell you don't even need an apocalypse, just Weimar tier inflation will do that in a few years
Vlad_The_Impaler on scored.co
19 hours ago 5 points (+0 / -0 / +5Score on mirror ) 1 child
I take a lot of pride in my hard work and I am frugal.

Unfortunately, I have had much of my savings stolen over the years by hyper inflation because i was paid in these fiat jewBucks.

If you have more than about 6 months savings then I suggest you convert your fiat into gold or silver. Right now I think silver seems like a better deal. Gold prices have skyrocketed since basel iii made it so that gold is equivalent or even preferable to u.s. treasury notes just a couple years ago. Banks have been hoarding gold ever since.

If you exchange money with family and friends, you should start doing it in silver and gold. Pressure them into accepting it as real money instead of jewBucks. Ask to be paid in gold and silver instead of jewBucks. Tell them where to exchange their fiat for real money. Introduce your family and friends to trusted local coin shop dealers. Take your family and friends to local coin shows. This is the way.

If you don't know where to buy or sell gold, you need to start researching and visiting coin shops and coin shows and build a trusting relationship with at least one coin dealer.
emperor_nero on scored.co
8 hours ago 0 points (+0 / -0 )
Gold and silver value on the market over time doesn't much differ than the index. It basically tracks the index. Just put your money in an index fund.
Fabius on scored.co
9 hours ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Everything has doubled.
Vlad_The_Impaler on scored.co
8 hours ago 2 points (+0 / -0 / +2Score on mirror )
It speeds up from here. Soon everything will start doubling every 5 years, then every 3 years, then ultimately crash.

The USA isn't serious about cutting the budget.

The USA isn't serious about raising taxes.

That leaves only one thing. The USA INFLATES its way out of debt. Exponential money printing. Gold prices are going parabolic.

That's why the prices of all assets are inflated. Housing, vehicles, trucks, bitcoin, gold, etc. There's too many dollars chasing not enough real assets. That's why you have all this money chasing fiat crypto and NFT's and digital fake shit. Too many dollars and not enough shit to buy. And Trump's tariff and trade war will reduce availability of supply, increasing demand and thereby increasing prices. More inflation to come.

Also when the USA gets another credit down grade then the interest rates on the USA's massive amount of debt goes up.
Toast message