10 months ago10 points(+0/-0/+10Score on mirror)1 child
Between 2015 and mid‑2025 (the latest data available), U.S. inflation has increased by approximately 38 percent, based on the Consumer Price Index for All Urban Consumers (CPI‑U): In 2015, the CPI‑U averaged around 233 (1982 = 100); By May 2025, it had reached about 321. That works out to a cumulative rise of roughly (321 − 233)/233 ≈ 37.8%.
Another official metric, the Federal Reserve’s preferred Personal Consumption Expenditures (PCE) index, shows a cumulative inflation of about 29% over the same period.
10 months ago4 points(+0/-0/+4Score on mirror)1 child
gold
it only goes sideways or up. It doesn't crash long term.
Also with 2 trillion annual deficits, the old 2% annual inflation is history. new inflation will be average 4% or more per year and they'll keep manipulating to try to make it look lower than it really is.
So gold right now at $3300 per ounce will be $4000 per ounce in about a year. That's easy 20% gain versus whatever shit 4-5% you get via a CD. Also the gold no one knows you have. And you don't pay any tax on it. You can sell it and pocket the cash later. Whereas the bank is automatically reporting all your interest income directly to the IRS, not even leaving it to chance that you report it yourself.
If gold were a bad investment, the jew central bankers wouldn't be hoarding it.
I think we had this discussion before. There's too much of a "tax" going in and getting out, and not enough appreciation in the middle, so you end up walking away with what you put in. I've done the math given previous 5-year periods. Compared to CDs -- when you factor in your fees going in and getting out -- gold sucks ass!
If cash were so useless, the jews wouldn't be selling you their gold for your "useless" paper. They steal your appreciation in fees.
10 months ago2 points(+0/-0/+2Score on mirror)2 children
Coin shop near me sells Canadian minted gold coins for 3% above spot.
No sales tax
The premium is way less than you pay in sales tax when you buy anything else. Yet no one complains about sales tax.
If you bought a one ounce gold coin one year ago you would have had to pay $2400 plus $75 premium for Canadian gold maple leaf 24k .9999% pure gold coin. And you could sell It for spot $3275 today. That's $800 profit in one year, after factoring in premium fees. 32% annual return after premiums.
Which CD is paying over 32% ?
Silver is up 10% in just the last 30 days.
The interest income the bank reports on your CD nails you for interest income tax that costs more than they premium you pay for a gold coin. The premium is the price you pay for a highly trusted mint to melt and stamp the coin with its security features.
When I sell my gold coin to coin shop, sure they only give me spot price. So they charge 3% more for a gold coin than they pay for it. That's a thin margin. But I get cash and the coin shop doesn't report anything to IRS as long as we transact less than $10k. Which should be raised but trump and Congress are useless
Also when you buy a CD you let the bank keep your money on deposit, which they then use to lend out 10x as much, thereby inflating the money supply and further eroding away your savings. By putting your money in the bank, you give them permission to print more money since they are allowed to lend many times more what they keep on deposit.
>As a result of the economic downturn we have suspended all home sales to White homebuyers and have printed $10 trillion to give to minority first-time homebuyers. u/#rub
I've been stacking my cash since 2015. I'm fucking ready to sweep up ALL your distressed assets.
I missed out on 2008, but I'm ready now. I'm ready to be the fucking Rockefeller of this town! 😎
Another official metric, the Federal Reserve’s preferred Personal Consumption Expenditures (PCE) index, shows a cumulative inflation of about 29% over the same period.
^Written by chatGPT
You really shouldn't hold cash.
Slow and steady stuff, nothing exciting, but enough to stave off inflation.
it only goes sideways or up. It doesn't crash long term.
Also with 2 trillion annual deficits, the old 2% annual inflation is history. new inflation will be average 4% or more per year and they'll keep manipulating to try to make it look lower than it really is.
So gold right now at $3300 per ounce will be $4000 per ounce in about a year. That's easy 20% gain versus whatever shit 4-5% you get via a CD. Also the gold no one knows you have. And you don't pay any tax on it. You can sell it and pocket the cash later. Whereas the bank is automatically reporting all your interest income directly to the IRS, not even leaving it to chance that you report it yourself.
If gold were a bad investment, the jew central bankers wouldn't be hoarding it.
If cash were so useless, the jews wouldn't be selling you their gold for your "useless" paper. They steal your appreciation in fees.
No sales tax
The premium is way less than you pay in sales tax when you buy anything else. Yet no one complains about sales tax.
If you bought a one ounce gold coin one year ago you would have had to pay $2400 plus $75 premium for Canadian gold maple leaf 24k .9999% pure gold coin. And you could sell It for spot $3275 today. That's $800 profit in one year, after factoring in premium fees. 32% annual return after premiums.
Which CD is paying over 32% ?
Silver is up 10% in just the last 30 days.
The interest income the bank reports on your CD nails you for interest income tax that costs more than they premium you pay for a gold coin. The premium is the price you pay for a highly trusted mint to melt and stamp the coin with its security features.
When I sell my gold coin to coin shop, sure they only give me spot price. So they charge 3% more for a gold coin than they pay for it. That's a thin margin. But I get cash and the coin shop doesn't report anything to IRS as long as we transact less than $10k. Which should be raised but trump and Congress are useless
Also when you buy a CD you let the bank keep your money on deposit, which they then use to lend out 10x as much, thereby inflating the money supply and further eroding away your savings. By putting your money in the bank, you give them permission to print more money since they are allowed to lend many times more what they keep on deposit.