Wat do in advance of the incoming global economic crisis?

Pay up my credit debt or invest that money into gold and BTC instead?

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I purchased 500 oz of silver to save my money from inflation. It's value has dropped when it should have increased. Idk, user. (((They))) pull all the strings it's seems.

Buy stocks, they are currently at 25% discount

A user that claimed to be a insider in the stock market said invest in biomedicines and plastics.

buy food

everyone is just selling like crazy
when the first quarantines are ordered in large parts of the country its gonna drop again
when the economy eats shit and money drops in value THATS when silver and gold will rise again and maybe bitcoin

no wait until the quarantines are ordered THEN buy stonks

The market isn't going to return to it's previous high. Global recession is inevitable. Depression is very much a possibility. Buy real estate on the dip.

Invest in toilet paper

IGNORE
Bitcoin is worth shit. Nobody besides druggies take it seriously.
US bonds are normally the safest bet, but we might enter a market crash soon due to both supply and demand taking massive hits. And there's always a (small) possibility that China will overtake us as the biggest economy.

SHORT TERM
Invest in another currency, preferably yen. You'll still be able to do transactions and it'll give you time to see how the markets will fare.
Gold and silver are traditionally safe bets. You're not looking to make money on these. In fact, you may lose some, but losing some is better than losing all.

LONG TERM
Stocks. You'll need to wait for a few years to finally see your returns, but if you can wait that long you'll make bank.

ive got a collection of silver quarters like a pretty decent one and i just added 3 more today actually i get them at face value

Wall Street is a jewish casino and the synagogue always wins

Was about to dump my grocery stock last week, but reconsidered. The company had it's biggest single day sales in it's 80 year history on Thursday. 200 million in one day. Stock is private. Shares should increase in value next time it's re-evaluated. However, the company has a history on artificially suppressing their stock price, so it will probably decrease.

this, im gonna remember that quote too thanks user

>I purchased 500 oz of silver to save my money from inflation

Yes, we might see the fed increase the money supply by double or tripple in a day or week period. They did it before, that would force Silver to do the same.

Expect the unexpected.

My wheels at home.

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>Buy real estate on the dip.
This, but buy it only 3-5 years after the fall. That's how long it'll take to bottom out and buy it from auctions.
It's going to be sold for 70% discount.

If you're willing to take the risk, buy WMT. People will continue to panic shop and with the McTesting drive-thru partnership they've secured, they'll continue to make profit. Honestly wouldn't surprise me if they come out of this epidemic on top or at least with their value intact which will then surge even if a market crash happens because they're always considered a "poor people's" store.

And in a recession, everybody's poor.

Thanks user.
Mfw actual financial wisdom here while Yas Forums still stuck on crypto get rich quick dreams.

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Why the fuck would anybody waste money paying debt? For all you know money could become useless if the economy crashes within this month or so. No landlord is expecting people to pay rent neither when nobody is going to be working. Same goes to power companies. Most will expected to be paid later on when things calm down tho.

Buy supplies and useful shit. Jesus fuck this country is so cucked by wage slavery people dont realize that nobody is going to be wasting time or resources to evict you.

I live 10 minutes away from DC in north virginia. If society starts collapsing I'm moving me and my family towards west virginia and just find a foreclosed home in a more secluded and safer area then this shit low income hood I live in.

Seriously guys huge fucking protip. When shit hits the fan authorities will not be fucking with you for squatting. This is a huge protip for poorfags like me who are worried being stuck in a unsafe area during a chimp out or riot.

I'm just waiting for the perfect time. When theres just enough chaos for me to steal a power generator or/and RV and whatever shit I need to become self reliant away from the power grid.

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Nobody going to explain whether I'm going about this the wrong way or not?

Look im actually scared. My father is old, my mother is immune suppressed and has diabetes plus ashma. While my GF has COPD and has hella ashma problems. I just want them to be safe?

Is bugging out to west virginia a good idea? Atleast as a first stop before going deeper midwest?

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I found the problem, you're a fucking retard. That's it. That's the problem. You an 95% of the world are fucking retards.

>waiting until society "starts collapsing"
If society starts collapsing enough people will have the same idea that you and your family will die on the highway surrounded by a sea of cars fleeing the cities. You either bug out early or be ready to bug in long term.

Yeah you should sell everything you own and extend your credit with high interest loans and put everything into BTC.

GEORGIA STATE SUMMONS 2000 NATIONAL GUARD UNITS ITS HAPPENING

Ofcourse I'm gonna bug out early but it's hard for me to convince my family to get up and bug out to some random place in west virginia. Rn I'm thinking about checking out an spot before hand.

We are atleast a week or 2 from Italy and we will decline much further than Italy after that.

you need to get the fuck out of DC. If you want to bug out to WV, look up the radio free zone. it's as much off the grid as you can get. plus it's beautiful.

>We are atleast a week or 2 from Italy
Nope. Will never happen nationwide in the USA.

god damn i love the sound money printer go, sexy as fuck

It'll definitely happen in major cities and high pop urban areas.

How the hell can you be in so much denial. Americas healthcare is completely shit compared to most developed countries. Our economy could collapse which would cause even bigger issues.

What about Fredericksburg as a first stop. Once theres sign of collapse back in DC area I'll go deeper into west VA then deeper midwest.

I want to go step by step carefully. I dont want to get stuck in the middle of nowhere during a long road trip.

>Our economy could collapse which would cause even bigger issues.
It's already crashing retard. The government cannot force a wuhan/italy style quarantine on us.

Buy food guns and ammo

Suicide.

Run it. Invest in precious metals like lead and guns.... AND LASERS. m.youtube.com/watch?v=IzUoe-9bKa0

Did you forget the Boston marathon?

Did you forget how easy Americans gave up their freedoms and rights after 9/11.

Gun owners are going to protected themselves and their family/property not start an uprising against the US military that's there to help.

The bubnle was caused mostly by properties bein purposefully held off the market.
Once investors and banks release them to get liquidity, prices will plummet to the botzom within days.

Yas Forums

BITG:21M

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Youre a fat piece of shit, how can you ride that?

I get it, but you're ahead of the panic right now. if you wait, you'll be playing catch up. the roads will be packed the instant they shut down air travel. and make no mistake, that's coming. Phrase it as a camping trip. find a nice cabin there, and don't tell them it's because of the virus. seriously, just book an air bnb for like two or three weeks, and sit tight in the hills. tell them you thought everyone could use a break from all the virus nonsense going around. that's what I did.

Gold and Silver are a fraudulant markets. The paper side of the equation controls the real side of the equation. People who think they own the metal actually only own a claim to an ounce that a million other people also lay claim to.

So the gold/silver isn't a hedge against a down market. It's used to take the money of idiots who do so thinking it'll rise.

Find a mirror and call the reflection an idiot. But that's good, because now I can educate you.

youtube.com/watch?v=tB2IYja8I3Q

Just print $500 Trillion and give it to every American adult with strict restrictions on it, like it must service their debts before it can be used in any other way, restrict it to only being spent on American made goods or invested into American companies, build in a demurrage to discourage saving, plan to shift into a labor backed nationalized currency after X period of time or certain total money circulated. Kick out all foreigners and confiscate all foreign owned property businesses etc. Nationalize the cruise line industry and put it under the control of a Strength Through Joy program for the American people.

Printing money is lame, but the Keynes playbook is the way to go. Sprinkle in a bit of ultranationalism and we’ll be good.

>Fredericksburg
Fuck off NOVAfag cunt, we’re full

BTC halvening is happening soon, this panic sell off is incredible .

already made $138k in the last 4 weeks

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Thanks for the advice. I appreciate it.

>Bitcoin is worth shit.
Ok boomer, blockchain is the future. Go on and continue using a (((middleman))) for your financial needs.

I got an friend with a big ass house in a relatively secluded neighborhood.

Exactly we’re comfy af right now. What do you think will happen if every pozzed goblino from DC comes down here at once?

good luck, friend. I hope you and your family make it out safely.

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I'm just staying for a short time before bugging out to west virginia if possible.

$ is literally worthless now. Inflation will eat it till it reaches the combustive value of paper in[kcal].

You sound like a grouchy old man.
>Muh stonks
>Mraaaah damn kids and their bittycoin
Go drink your Metamucil

Yeah, we know. Do you know the banking system creates money out-of-thin-air too? Good thing we can buy physical gold and silver.

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Novafag, also novafag here. If you're not already doing what youre stating. You're fucked. The moment mandatory quarantine happens the roads will be blocked off. You know how traffic is around here without a panic. Unfortunately your apocalypse dream, is just that, a fantasy in your head. Stop panicking and ride it out, or man up and do what you're dreaming of now.

No one is going to mention put options? It's been literally raining tendies for the #beargang

Only question is how low the S&P 500 will go and for how long. If you can figure that one out, you can be a rich NEET for the rest of your days.

What platform are you using to trade options? Robinhood seems pleb-tier. Tastyworks looks complicated af. Maybe I can figure it out.

Robinhood has fucked everyone 3 times now, but I still use it. Just set up a Schwab account, but it's confusing AF compared to RH. I looked at some videos of Tasty, doesn't look bad.

I would say watch videos of any of the platforms you're considering so you don't waste time setting up something that you can't figure out how to use. If you use Robinhood, just don't put too much money in there in case those dumb fucks go insolvent or something.

April 13th is when the repo market dries up.
They will probably just keep doing this... but just watch the feds calendar.

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>Herpitty derp I saw a Youtube Video and now Gold is a fraud.

Guess what? You can buy and hold in your hands the actual metal. Only dumb boomer stockers buy paper certificates for Gold