/biz/ - Business & Finance

>>55398529

It isn't yet but it will be, hence why the US is currently trying to find a way to drag NATO fully into direct conflict with Russia over a shithole country they have no reason to care about, and JPow has been cranking rates and crushing money supply like he wants a global depression.

People in their right mind expect the western exchange system between dollars and gold to reveal that it does not have adequate gold reserves it is willing or able to use to defend the current exchange ratio, followed by a re-adjustment to levels the system can sustain (higher gold price). The trigger for this event is an increase in the rate of conversion of paper gold holdings to physical via this system, in order to deposit physical at a BRICS affiliated exchange in return for gold backed digital currency to be used as savings and international settlements. The system is not set up for this and is highly levered paper vs physical backing, which is fine when nobody is really pulling physical out and any large parties who do can be dissuaded from doing so (i.e. Ghaddafi).

What I'm describing is basically a sudden collapse in perceived available supply of gold relative to currency. The system is stable so long as most participants do not understand what I just told you and believe their paper gold claims are actually redeemable. They won't yet test that belief to its breaking point because holding physical has little other purpose, but BRICS is about to give them one.

I'm long 2y because yields are about to drop hard. I do not have to hold them to maturity and I won't.

>>55375170

Things which go up during monetary debasement which the dickheads in charge allow, want, or cannot prevent from going up with said inflation, and where they are less likely to punish naughty goyim with windfall taxes or futures exchange rules changes or dumping their reserves (i.e. jewish calvinball) for speculating on those things. This makes gold and oil as well as their producers, extremely tough to trade. Gold and oil going up empowers globohomo's rivals, hence, endless shenanigans to try to cap them, punish speculators, and maybe even start stealing them if they really start losing control.

Meanwhile they are very concerned about sustainability and all the beef the useless eaters are consuming. Beef will rise in coming years from monetary debasement, but also from globohomo strangling the supply and the producers because they want it to go up. Leanhog posters had it right all along. In the coming downturn, buy COW hand over fist. But it's not quite time yet.

>>54731735

If he gets the nod. President Blinken has lost the confidence of a large chunk of the US establishment. They think Ukraine is not going well and the sanctions have been a strategic fuckup which has put the dollar in question, so he's being blamed.

It's not really his fault, Ukraine proxy war was a stupid gambit by USA, but I expect musical chairs as new faces are dropped in to try to execute the same stupid plans with even more conviction.

>>53520220

No just inventory, shit's very low but I don't have the numbers in front of me. Literally any industrial could swoop in and clean the bars out all at once and set off a mad scramble.

Tough to get a pure play tho unless you do futures, and I don't. SPPP probly as close as it gets but palladium half of the fund will weight it down IMO. Also Sprott are mega jews I don't trust.

They're trying to catch the NPCs who buy equities in the end of the quarter
Don't fall for the "pump", frens

Should I have 6 months of emergency funds before investing?

A rate cut in June is priced in.
Expect blood if it doesn't happen.