/finance/ - Finance

Nobody on here is a financial advisor


New Thread[×]
Name
Email
Subject*
Message*
Files* Max 5 files50MB total
Tegaki
Password
[New Thread]


peter-schiff.webp
[Hide] (85KB, 600x604)
This fucker cost me a billion dollars. I could have bought bitcoin 12 years ago instead i listened to this scheming jew to buy shiny protons. Gold is fucking shit and supressed to fuck. Fuck all gold and silver meme faggots
18 replies and 12 files omitted. View the full thread
>>426
Aren't the kikes planning to crash the western economies soon? Flight to gold is largely being driven by their own purses, I imagine.
Replies: >>434
>>426
The suppression of silver is becoming harder to hide for two reasons. The first is that the economy is rapidly worsening, and most people of means fly to gold and not silver (because gold is as a store of value superior). The second is that despite this, kikes WILL NOT as a matter of pride relent on the silver manipulation, so it becomes more obvious, whereas in the past they would let silver rise a little to make it less overt.
Replies: >>436
>>427
Crash may not be the right term. A crash could come, hopefully, but they are planning for a realignment. Obviously they have been itching for war for some time, both to move back away from the "service economy" and delete the surplus work force. People don't realize that if you're going to be replaced by a robot, they have to manufacture them first, but to do that you need factories back. It's a vicious Free Masonic cycle.
>Kill Men
>Use Women and "Men" to build replacement for Men
>Robots Replace All Commoners
>Kill "Useless Eaters"
Replies: >>435 >>436
>>434
POTD

>It's a vicious Free Masonic cycle.
>"Won't someone please just think of the sheqels!111"
2023_libertad.jpg
[Hide] (730.3KB, 1170x1174)
>>433
They don't really have the final say. If they don't allow silver to climb, but the chinese allow it to pump at their Shanghai exchange, then this opens up arbitrage opportunities. This actually played out last spring. The west was forced to follow China's pricing. There was a small lag between the western spot prices and those in the east which kept on rising. I was still sitting on a bunch of cash that I wanted to buy silver with (not gold because it had alrady pumped bigly) but I was planning to wait for the summer or fall lows like in previous years. But when I noticed what was happening, I decided to buy immediately. I wasn't very happy with the prices, because my target for .999 silver coins was "under 24 euro/oz" and by then every 1 oz coin was over 28 euros. Luckily one dealer had some prior year libertads on sale for around that price, so I bought an entire monster box of those. That's the only thing that made the higher prices palatable for me. And today you can't even find anything below 35 euros... Current spot price is exactly 1 EUR/g so 31.1/oz. And the physical coins usually have around 17% premium.

>>434
They need factories, but they also need lots of computers, robots, and related stuff (batteries) to run their 4th industrial revolution. All of this needs cheap silver, and lots of it. So just keep stacking the silver so they 
Message too long. View the full text

ss.jpg
[Hide] (7.9KB, 299x169)
Does anyone under the age of 50 in the U.S. honestly think they're going to be getting Social Security if they retire?
Replies: >>432
I predict they set retirement age higher: average lifespan minus 3 years. We'll work until we're 75 then fall  over dead. Also since AI is slurping up all the investment and jobs everyone under 30 can sit at home (during their prime) and be NEETs instead of pushing the economy forward.
Replies: >>432
with-this-characters-death-the-thread-of-prophecy-is-severed-23233159.png
[Hide] (132.3KB, 500x503)
>>428 (OP) 
Sadly, yes, a shitload of normalniggers still believe the system will be present for them. I do agree with>>429
in that the age will likely be raised, though likely only to 70 in the near future. That being the case, the system should have already collapsed by all reasonable metrics, so if the retardpower keeping it afloat putters out, we could see normalized insolvency of the SSA in a few years.
>>429
>Work until we fall over dead
I want desperately to believe that people won't let it get that far, or at least the collapse will come before that. In all honesty, if I was forced to choose between Amazon fulfillment and programming, I would just ride my savings out and kill myself when they ran dry.
>30 and under NEETing in this scenario
Least out of touch Gen Xer
In a scenario that bad, no one outside the wealthy could NEET indefinitely. Warehouse work, "healthcare", bureaucracy, and food service would be the only viable careers, and would be mandated by centralization of capital (low wages/high rent). The only way kids in America can escape wage slavery today is again by wealth, or the Chinese and Arab model, which is to act as a household servant to your parents in exchange for support.

7F118EA5-5AB6-4EE3-9500-BB8D5820E985.jpeg
[Hide] (1.2MB, 1547x1181)
Is anybody home?
I got kicked out of 4chan and need a home for the bull market.
3 replies and 3 files omitted. View the full thread
4chan is idf spam bots and slide threads.
Replies: >>373
Im banned too. Im a full blown crypto fag now which means you guys should probably sell
>>273
has been since '16
I haven't on 4fed for years. They have continuously cracked down on anonymous posting and now with the 15 minute wait before posting on a bbc slide thread to call some a kike, gfy.
Yeah I can't use 4chan either

Arab-Sasanian_coin_issued_by_Yazid_I_ibn_Mu'awiya_in_the_year_of_the_Battle_of_Karbala.jpg
[Hide] (202KB, 800x397+0+0)
Umayyad_Arab-Byzantine_Solidus.jpg
[Hide] (97.8KB, 417x427+0+0)
Arab-Sasanian_coin_of_Muawiyah_I,_struck_at_the_Fasa_mint_in_Darabjird_(Fars).jpg
[Hide] (202.4KB, 800x385+0+0)
Screen_Shot_2019-06-15_at_1.49.52_PM.jpg
[Hide] (370.4KB, 1342x998+0+0)
Screen_Shot_2019-06-15_at_1.53.33_PM.jpg
[Hide] (233.6KB, 1920x970+0+0)
but what does /finance/ think of these umayyad coins. Minted during the early days of the caliphate.

https://www.cngcoins.com/Coin.aspx?CoinID=277556
Replies: >>76 >>417
Offa's_dinar.png
[Hide] (414.6KB, 936x450+0+0)
>>75 (OP) 
People making inferior copies of existing coins that they modify to fit their preferences has quite a history, especially when Musselmen are involved.
https://archive.ph/Gs4RF
https://www.britishmuseum.org/collection/object/C_1913-1213-1
>Offa, the king whose name is also engraved along with the (badly copied) Arabic writing ruled the Kingdom of Mercia between 757 and 796 CE. He is also credited with introducing the penny to England.
>Known as “Offa’s Dinar”, it was purchased by the British Museum in 1913 in Rome. The more observant among  you may notice that the Latin “Offa Rex” is upside-down in relation to the Arabic script. It is copy of the dinar issued by the Abbasid dynasty following the move of that empire’s capital to Baghdad around 15 years before. It was commonly used throughout the Mediterranean as well as the Abbasid empire itself.  As a gold copy, the Offa dinar would have been accepted as a valid payment.
>The reason for the inscription remains unclear. Much of Offa’s reign is shrouded in the mists of history. He is responsible for the great Dyke
Message too long. View the full text
Replies: >>77
Maria_Theresa_thaler.jpg
[Hide] (195KB, 800x390+0+0)
Postcard_from_circa_1908-1910_showing_crates_of_Maria_Theresa_thalers_being_prepared_for_shipment_by_donkeys_from_Dire_Dawa_to_nearby_Harrar,_capital_of_the_Ethiopian_province_of_the_same_name.jpg
[Hide] (189.1KB, 842x537+0+0)
>>76
https://archive.ph/wip/5zTZK
https://en.wikipedia.org/wiki/Maria_Theresa_thaler
Yes, the second link is wikipedia, but it's still quite interesting how an Austrian coin was became the standard around the Red Sea, Ethiopia, and even Java and other lands too,and that lead to millions of copies of a 18th century coin being minted in the 20th century. But this time it was the Italians who unsuccessfully copied an Austrian coin:
>The MTT came to be used as currency in large parts of Africa and Middle East until after World War II. It was common from North Africa to Somalia, Ethiopia, Kenya, and down the coast of Tanzania to Mozambique. Its popularity in the Red Sea region was such that merchants would not accept any other type of currency. The Italian government produced a similar designed coin in the hope of replacing the Maria Theresa thaler, but it never gained acceptance.
Replies: >>78
>>77
But wait, there is more in the first link!
>In Brussels, the engraver that produced the dies missed out one of the nine pearls on Maria Theresa’s brooch. It might be an interesting discrepancy to us today, but it was rather an issue at the time. Ten million were made and each was greeted with disapproval from many – it's thought that the Arabs of Yemen were so used to the design of the thaler that they'd reject the coin if they couldn't feel each of the nine pearls with their thumb. London saw a similar hiccup too. Its dies missed out the central feather of the Imperial Eagle that featured on the coin's reverse. Seeing as London's dies had also been used for the thalers struck in both Birmingham and Bombay, these coins also bear the mistake.
>>75 (OP) 
hey. second from right / top left is my favorite out of these four

1743010614523690.jpg
[Hide] (121.1KB, 644x758)
Looking into potentially buying a piece of land, wanted your input.
I live in a place renowned for its hunting (domestic and tourist) and found some good deals on rural hunting lands in the north. I live in a metro area, so it's a roughly 150 mile drive, so I'd only be able to visit and use my land a couple of times a year. I'm more concerned though, as to whether you all think it will appreciate, or at least counter inflation as a store of wealth. I'm pretty young to be considering this, and I can put down about 35 to 40 percent, so I'd have a loan for awhile. That said, land is also one of the few things to maintain wealth even better than gold, so it's tempting in this collapsing meme economy. Thoughts?
Pic semi-related as shit like this makes me want to go innawoods.
Not financial advice but an observation: out here land that can't be built on gets passed around looking for the next sucker. It's a big one, if it doesn't have utility hookups, active well, completed septic, or permits are impossible because of reasons - the land is just a placeholder (and liability). 
Also the cell service will be bad out there so you can't even digital nomad that stuff in a van or anything if things go badly.
Replies: >>412 >>413
>>411
Not sure where you're from Anon, but the market is a little different here. The land in question is not purely speculative. Many people have properties solely for recreational purposes. In many cases, the land is undeveloped by necessity for its use.
>>411
I hit the reply button before I was done.
Anyway, your point about the lack of a well and utilities is sound, at least in so far as it would require additional development for innawoods. As a liability, I don't really see one, outside of property tax (jewry). That is a hamper on any growth or even a detriment if the value diminishes for any reason. That and the interest involved in a loan are my main reason for holding off. As for cell service, it's a non-zero chance coverage reaches there, as there is a college town in the general vicinity. Even if not, satellite internet should cover the property, although Id only ever bother if I had to bug out there. In any case, I have decided to hold off on the purchase until I have enough wealth to avoid a loan or a drastic market change occurs. Truth be told, my net worth is only 100k, which for my age range is above average, but I'd like to see it reach 250k as soon as possible. Right now, I feel that's a lot more likely with metals and bonds than land.
Replies: >>415
Daily reminder that a new BO for /finance/ is being sought. Please consider it, Anons.
>>>/meta/1093
EU.png
[Hide] (1.2MB, 761x2957)
>>413
Bonds are a bad choice in this late stage USD end game. I sold all mine years ago during the coof, and bought gold & silver. And I didn't have much in stocks (just the mandatory 401k) but I sold those too. I bought gold coins for under 1800 euros, and silver coins under 24 euro per oz. Now you can compare with current prices and see that was a good choice, and we haven't even seen any real action yet.
Remember, anything you don't physically hold can be easily taken from you. That means investment accounts, bank accounts, crypto exchanges, and even contents of safe deposit boxes in a bank vault. This is all low-hanging fruit for the criminal cartel to take, like candy from a baby. In the EU they're already openly talking about taking it. And of course they have a corny excuse to do it ("defense" against Russia boogeyman).
https://www.eunews.it/en/2024/02/23/too-much-money-sleeping-in-the-banks-eurozone-wants-to-wake-it-up/

mumuhahahaha.jpg
[Hide] (236.4KB, 584x448)
how many shekels do you reckon Blackrock will burn trying to suppress it ? or did they learn their lesson
As of today Bitcoin reached 100k
Replies: >>391
>>389
And may the infinite crabbing begin!

reddit_btfo.png
[Hide] (29.9KB, 2736x54)
Insiders are selling
tencent_sells_reddit_stock.png
[Hide] (225.2KB, 2746x366)
tencent chinks exiting

Tommy_is_Selling.png
[Hide] (226.9KB, 612x613)
Fran_Stocks.jpg
[Hide] (150.4KB, 720x576)
https://www.capitoltrades.com/politicians/T000278#
Tommy Tuberville is selling.
>Who?
A congressman on a LOT of congressional bodies. If you were to make trades like he did, the only person who's made more correct calls on stonks is Pelosi.
>Why does it matter?
Of his trades published last week, all but two of them were selling off mass amounts of stock. Those two buys were bets against the stocks. There was no rhyme or reason like a specific stock or industry, he's just mass-selling.
I am not a financial advisor.
3 replies and 2 files omitted. View the full thread
>>332
Either people getting ready to dump their money into another country (unlikely given the state of most of the turd world countries right now), or they're selling stocks in order to buy tangible assets while taking the financial hit for doing so. E.G. >>333

If you have debts I suggest making minimum payments on them and saving your money in physical cash so when a banking crisis hits you can offer to pay a premium (hard cash payout of a fraction of your debt) to have your debts expunged from the records since creditors will jump on even $2k payout for your $20k debt when they have no money. If you don't have debts, I suggest pulling out physical cash so that you can offer to buy essentials during the interim between banking collapse and economic collapse. Your plastic may or may not work, and offering hard cash will get you a discount to stock up on goods when nobody can purchase.
Either way the cash is just an intermediary between start of the collapse and full collapse. Depending on what happens it might not be so bad, but chances are it's gonna be bad.
https://www.youtube.com/watch?v=SfW5BAch9jQ
>The fed needs lower interest rates to encourage investing
https://www.msn.com/en-us/money/markets/the-fed-may-wait-too-long-to-cut-interest-rates-and-spark-a-recession-economists-say/ar-BB1iL9C1
>Fed is avoiding cutting interest rates because it will hurt big bidness
Ahahahahahahaha... Hah...
Kill me.
sellmart.png
[Hide] (348.2KB, 852x1280)
These guys are selling too!
This is politician trades general now.

What do you guys think of so many politicians buying treasuries recently?
Replies: >>358
>>356
Particularly Michael McCaul

https://www.capitoltrades.com/issuers/435546

mry3ol1ey0391.jpg
[Hide] (63.5KB, 1080x612)
Talk about your financial journey: where your interest in finances began, how you've been learning, what milestones you've conquered.
1 reply omitted. View the full thread
Grew up poor-ish, started an apprenticeship, spend all my money on weed, started an actual job, spent more money on weed, bought a book on finances, spent all my money on drugs, asked a bank on advice and was turned down, got a better paying job, stopped spending all my money on drugs, accumulated money, expected a child, invested money, had a child, invested more money.

Achieved 10k+ recently.
Split accounts with the other half a few months back, trying to dig out of a big hole (actually have a little in savings now so feeling pretty hopeful). She was spending $600 of my paycheck on mobile games, weed, clothes, and fast food, along with 100% of her paycheck... I should have probably walked but I guess I'm holding out hope that the one I fell in love with is still in there somewhere and she isn't just a user. The nice part is that I now have $600 a month even after covering the bills to try to fix this (will still take years). At least there's not a convoy of Amazon trucks coming to my house anymore.
Replies: >>352
2023arks.jpg
[Hide] (845.4KB, 2012x2157)
>>351
$600 is basically a tube of 20 silver 1 oz coins every month. That's not just pocket change.
Replies: >>353
>>352
Possibly a good call. Already getting into the prepping scene but will only have so much room for canned beans. Maybe a few coins would diversify things a bit.
Replies: >>354
updated_european_silver_guide.png
[Hide] (2.3MB, 4409x1898)
>>353
I mostly stack 1 oz .999 coins as a means of beating inflation and currency crisis. For prepping purposes, smaller old coins of .800 to .925 silver that are common and well-recognized in your country might make more sense, if you can get them for a good price.
In the early part of this year, I bought 200 swiss 1 franc coins, when one dealer had them on sale for 2.95 euros (comes out to 21.97 euros/oz). They're not listed in this guide, but the swiss coins are comparable to the french ones (.835 silver, each coins weighing 5 grams so having 4.175 g of silver content).

dddfs.jpg
[Hide] (84.1KB, 1024x606+0+0)
a.k.a How should the rest of the world avoid perpetual economic stagnation Japan is experiencing for 30 years

From what I heard from the local commoners' news sites, it seems that the rising costs of everything coupled with high pay cuts in form of taxes and state-run insurances made most of the population to become misers, halting many kinds of trades. 
Most of the workforce in big cities have to cash out 30% of their salary to pay the two above which leave them with very little (<$150) disposable income every month, and the costs could run higher if they took loans.

However I don't think that alone explains why Japan ended up with a staggering level of public debt, nor explains why people are refusing to settle in countrysides where living costs are cheaper.
6 replies and 2 files omitted. View the full thread
Replies: >>229 + 1 earlier
My very basic layman understanding is the Japanese government started printing money with the explicit purpose of directly investing it in the stock market. This created a simultaneous situation of mass inflation and businesses gaining huge amounts of capital to do with as they pleased. So they started spending money like it was going out of style (it basically was, due to the inflation).  BUT, the important caveat is that because this cash was going to industries that were exporting Japanese goods, the yen started to GAIN value on the international markets because everyone wanted yen so they could buy cheap quality Japanese goods. 
The reason it all collapsed is because currency exchanges caught on to what the Japanese government was doing and stopped wanting to buy the yen, and because the domestic speculative investments primarily in real estate started outpacing the amount of actual money people and businesses had on hand to actually pay for things. 

The reason it still hasn’t recovered is both social and economic. Economic because the government is still trying to pay off the massive debt they incurred from the speculative investments, and social because it soured a lot of Japanese on investment so now they grub their shekels like their life depends on it meaning it’s very hard to get seed capital in the country.
Replies: >>223
>>221
I'm more familiar with this theory: >>86 But what you write might be true, the problem is that I only really followed it until the crash, and as far as I know it's not that the government prints cash directly, instead the central bank (remember, it's supposed to be a totally independent institution from the government, even though I highly doubt that this is actually true in any country, but I digress) just outright buys stocks on the stock market with money they print for this one purpose. They also keep interest low in order to encourage people to spend, because it means that loans are cheap but keeping your money in bonds and deposits will not give them enough profit to outpace inflation, so they too should buy stocks and property and consumer goods and whatnot. But as you wrote it just doesn't work, and (regardless of the actual reasons) the real problem is that they have been doing it for around 3 decades without even considering any alternatives, because the textbooks say that this is what they are supposed to do.
>>85 (OP) 
>However I don't think that alone explains why Japan ended up with a staggering level of public debt, nor explains why people are refusing to settle in countrysides where living costs are cheaper.
Japan is a country where a junior (in any aspect) must never advise or talk back to a senior, the majority of the population is computer illiterate, copyright fraud is rampant, taxation of private transportation is out the ass, but the majority of public transportation is privately owned. All of this results in a culture where even if your boss is going to bankrupt the company it's job loss to tell him that, legal slander to whistleblow, and there's so much red tape (both governmental and social) that starting a competing firm isn't possible since you will be blacklisted by your job's current clients if it gets off the ground.

>Why not move to the countryside?
It's inconvenient. Cars are seen as a luxury product in Japan, so you have to pay roughly a quarter of the car's price in taxes every year to keep it unless it's a farm vehicle or company vehicle that can be written off on taxes, and if you DO have a train or bus station, it's both an arm and a leg for tickets and you probably only have like two chances to catch a train/bus back home where it's still a 45 minute walk home. Sure you could bike to the city but that's lik
Message too long. View the full text
Replies: >>300
>>87
Different problems, and Japan addressed it "well" today relative to their economy. For Americans the housing bubble is more from zoning laws and construction laws preventing expansion in areas where suburban neighborhoods want to be built cheaply. Construction unions also play a role in keeping out DIY as does renting culture of generational housing. For China it's the fact that the housing market is synonymous with the stock market because it's the only legal investment there  and you need 2-3+ houses to get a bitch.

Japan in contrast incentivizes rebuilding homes every 20-40 years instead of generational houses which in turn makes construction affordable, and their building code is basically the bare minimum to not cause an accident where a bunch of people die when it comes to DIY. This means that in many cases resource companies speak directly to clients instead of construction companies and lawyers.
>>229
So THAT'S why there's such a huge push to get rid of everyone's cars in the U.S..

Show Post Actions

Actions:

Captcha:

- news - rules - faq -
jschan 1.7.3