/biz/ - Business & Finance

/biz/ - Business & Finance

Business, Finance, Economics

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Welcome to Buisness & Finance 663 Board owner 10/08/2019 (Tue) 02:09:54 No. 1 [Reply]
Welcome to /biz/ - 16chan's Business & Finance Board.

This board is for the discussion of topics related to business, economics, financial markets, securities, currencies (including cryptocurrencies), commodities, etc -- as well as topics relating to starting and running a business.

Please check the global rules and board rules before posting:

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/smg/ stock market general Anonymous 11/04/2019 (Mon) 17:39:55 No. 20 [Reply]
List of popular brokers:

List of basic stock market terminology for newfags:

Risk management:

Real-time market news:

Live Bloomberg stream:

Educational sites:

Message too long. Click here to view full text.

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Precious metals general Anonymous 10/08/2019 (Tue) 07:32:32 No. 2 [Reply]
A thread for discussion of precious metals!
The realest money there is.
What are you gus stacking?
What are you using for a safe?
Testing methods?
What is the most aesthetic coin, and why is it the gold Libertad?
Reallistically, how much of your portfolio should be in precious metals?
Is there any real hope of western nations returning to a sound money standard?
4 posts and 1 image omitted.
I got it stacked deep, but it will be manipulated right up until the crash is so fucking deep no one can deny it, and I'm banking on it being the new standard.
is just copper and tin, not precious in the slightest
nickel and copper are metals used in coinage that hold SOME value but aren't necessarily 'precious'
platinum, palladium, gold, and silver are the four metals which are internationally traded as currency, those four are typically considered 'the precious metals'
the other platinum group metals like rhodium, irridium, and osmium, are super interesting and high in value, but are not traded on the currency/bullion markets, though there are some rounds and coins made, at least from rhodium
That's not the /biz/ way though.


Gold is a boomer meme. Value isn't some magical, inherent quality native to certain metals more than others. While it's definitely better than the debt-based fiat they use now, it's not a magic bullet. And if you're intending it to store value for a SHTF scenario, you'd be better off with bullets. Seriously, I'll sell you some food in exchange for bullets - food, water, medicine & ammo are going to be the value-stores of choice. Gold is worthless in the absence of a stable society.

And no, we'll return to "sound money" only after the visit to the big igloo happens & society has reverted to a late 19th century level of lifestyle & tech, which is about all we'll be able to get back to in the post-collapse world.
>Value isn't some magical, inherent quality native to certain metals more than others.
it is though
maybe not magic but it is inherent
>you'd be better off with bullets. Seriously, I'll sell you some food in exchange for bullets - food, water, medicine & ammo are going
This. I have seen gold shills way back in internet gold shilling days who wrote crap and I explained to them that its retarded in a SHTF scenario gold is worthless.

For all gold fanboys this should be a wake up call:

The thing you should take from this is not
<LEL plebs don't understand the value of gold!
<No one is going to accept gold its worth less then a candy bar to people.

Gold is good if you want to do some money shenanigans like a father in 1960 wanting to have the same or slightly more value for it in 2000 and expecting a stable society. Outside of that buy real things that have value.
Gold is practically worthless and in a SHTF scenario it will be even more worthless. Because there will be practically nothing you can buy with it.
A better idea is to buy a box of candy bars who will be worth far more then what they are today in a SHTF scenario because its food and its candy so some pleasantry in the postapocalyptic nightmare. Be ready to defend your candy bar stash from looters. Looters will not even be interested in gold. 5 candy bars for a shovel sounds like a good trade. What will you do with the gold? No one wants some useless yellow metal.

Message too long. Click here to view full text.

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Bitcoin EOY value Anonymous 10/16/2019 (Wed) 01:15:06 No. 13 [Reply]
How much will Bitcoin be EOY in USD?

At this rate it would almost be a miracle if it reaches 10K. Asuka's prophecy is almost certainly bullshit.
long slow bleed out to zero

Fart Sniffers Market Anonymous 10/16/2019 (Wed) 00:57:37 No. 12 [Reply]
What normies don't understand is that it's a fart sniffers market.

Let me put that plainly

THE MARKET currently favors fart sniffing and will yield more profit


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First for linkies Anonymous 10/10/2019 (Thu) 12:08:46 No. 5 [Reply]
Peepee poopoo $1000k EOY
fuck you streetshitter
fuck yea a biz board. also fuck chainlink
Was trying to figure out why everyone is memeing about LINK, still haven't figured it out but the crypto scene seems to have shattered into a million ICOs since at least 2018 and I dunno how or if it will recover. I think it will as crypto is the future but it looks like a joke now with so many "projects" going on


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