/biz/ - Business & Finance

>>24577800

>>22951605
Yea you're probably right. I'm expecting sideways choppiness for a while. Are you expecting downward movement in the coming months, along with the price correlation downwards between PMs and the broader market? I don't mind downward movement happening in the broader market as my bet on PMs is a bet on FED intervention happening as soon as things get shaky, bolstering the PM fundamentals. The temporary correlation doesn't matter much to me as I think it's only temporary and we're just looking way too short term.

>>22951643
Awesome stuff. Thanks for the updates

>>20403243
>>20403329

It's amazing, and both unsurprising and hard to comprehend how all of human civilisation from all continents and cultures through time came to the realisation that gold itself should be deemed something valuable, despite it's limited practical uses. I don't like Schiff's argument that gold holds inherent value due to it's practicality and usefulness. In that aspect I think it's highly limited. I do believe in Gold's inherent value due to man's unquestionable love for the metal, for one reason or another, all throughout time. Just something about it. The egyptians thought it was godly metal, representing the Sun God Ra. I can see why.

>>20403661
fascinating, I need to learn more about the true origins of gold.