/finance/ - Finance

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Hello from your new neighbors at >>>/comfy/ . Pleased to meet you, /finance/ .  :)

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>>371
Nominal values of currencies aren't stable enough to make any such predictions. We don't even know how high the real rate inflation will be, over however many decades you have until retirement.
The only way to even approximate it is by units of real money, i.e. gold or silver. But the latter has been heavily manipulated via derivative contracts so current values are meaningless and will remain so until JPMorgan & Co. lose control.

if you have a family? 3 million.

single? 10 million.

>>377
O.k., I'll bite, why does a single person need so much more?

...nobody here can answer how much money you should save for retirement? Really? Isn't that a really, really basic and fundamental investment question?

>>421
I used to follow the programs, listen to the AM radio shows, and read the books. That all catered to the upper middle class and they all said what anon 377 said: 10 million USD (this was in year 2000 money). A lot has changed and even financial folks don't seem to list a dollar amount anymore. 

My broke butt will be lucky to have $100-$200K if I start saving now, hope social security is still around because I'm gonna need it.

4chan is idf spam bots and slide threads.

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

>>405
All money is credit in the modern book accounting financial system yes, sufficiently high credit is just as good as money. That doesn't mean there isn't any growth.

>>405
He thinks the scam is lend someone $100, collect $110 yay free money something something muh jews something something bible sez usury bad.

>>404
We now know all that gold went from london to the US. One theory is that it was to prepare for a potential fort knox audit. Another theory is that it's to get gold into the country before tariffs kick in.

>>408
https://www.zerohedge.com/news/2025-03-13/basel-iii-countdown-gold-crisis-banks-cant-ignore

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>>407
>someone denigrates credit/lending in an effort post
>immediately seethes
>muh “muh jews”
it’s all so tiresome

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>>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

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>>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.

>>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

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.

>>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.

Daily reminder that a new BO for /finance/ is being sought. Please consider it, Anons.
>>>/meta/1093

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>>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/

As of today Bitcoin reached 100k

>>389
And may the infinite crabbing begin!

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tencent chinks exiting

The WEF wants to take away your coffee.
https://www.youtube.com/watch?v=x_Bx9q6Vs9g

Smug is down. Trash is up, but possibly without files. What is everyone up to?

I was thinking about silver but then having a look is giving me strange kinda vibes. The market rate says 18 an oz but then I see people willing to pay +25 an oz for it, so that it looks as though either the market rate is being manipulated or there are numismatic premiums and taxes that are bumping the willingness of these collectors up.

Then I see Britannic dud silver, the kind that was 0.500 grade for historic reasons because of the war time shortages and things and I see some for very cheap. I wonder then can't I just buy the quite debased alloy and treat it as half it's marked weight? Is it too easy to buy fake ones if the alloy contains that much temper in it? Should I overlook historic coins because they are hard to trade in?

I will ask a gold and silver merchant at some point but the eternal anglo in me makes me want to take bits of our history and start a collection for it.

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>>319
Yes, the silver market is very manipulated. There are hundreds of paper contracts being traded for every troy ounce of silver that actually exists in COMEX. The prices of physical silver will remain low (and thus a bargain) so long as they can keep up this game, which relies mainly on their ability to print unlimited amounts of fiat currency Federal Reserve notes. We're reaching the end stages of this game, since other  countries (BRICS) have already abandonned the petrodollar and are trading oil in other currencies.
But besides that, there are also taxes on physical silver in many countries. England is particularly bad about this, to the point where a lot of people just buy gold instead. In the US and EU it's not nearly as bad.
Numismatic fakes are something to watch out for, but it's pretty easy to test them with just a magnet, calipers, and precision scale. That's enough to tell silver coins from other metals. More advanced fakes that are actually made with 90% silver alloy probably exist for high-value numismatics like Morgan dollars with key dates, but you don't have to care about that if you're simply buying coins for their silver content.
However, 50% is pretty low-grade silver, and you shouldn't buy those unless you're getting them for a very low price (well below spot). If you're actually paying close to spot price or higher, don't settle for less than 80% silver. The lower grades are harder to re

Gold and silver have gone up quite a bit in the last month.

>>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.

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These guys are selling too!

This is politician trades general now.

What do you guys think of so many politicians buying treasuries recently?

>>356
Particularly Michael McCaul

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