/biz/ - Business & Finance

what's further, that millenials don't seem to be aware of, is that because he lived through stagflation, he also predicted the dotcom crash. you young guns get all your information from tiktok so you wouldn't know jack shit about something that happened before youtube even existed, and was only documented on live tv.
the reason he's rich and literally owns a bank in the first place is by being on the right side of the trade during both of the largest crashes in recent history, with impeccable timing. other people who have not made a single appearance on fox business have done the same, the difference is that he tells everyone, loudly, and well in advance. that's why you know his name and not the names of 100,000 others.
i'm not saying we're in 2006, or 2007, or 2008 again right now. he might be wrong if he has said that, i wouldn't know. but if we get stagflation, see pic related. gold outperformed the S&P and it really won't take very much in US fiscal policy fuckups for it to turn the last year or two into just a blip on the future history of gold's dominance over US stocks. you don't seem to know you were born into an era where absolute mouthbreathing retards play with fire every single day instead of running the country properly, despite the evidence right in front of your eyes.

>>53473864
awesome, thank you for proving it

>>52340551
that's on them. gold has been here and gold advocates have been pointing that shit out forever.
they're the fucking zoomer newfags, they can shut the fuck up and listen for once or lose their money. not my problem

>>50587654
>stocks outperform it
imagine being under 50 and having an opinion

>>50406462
https://www.usglobaletfs.com/insights/gold-has-beaten-the-sp-500-index-so-far-this-century/
https://finance.yahoo.com/news/gold-miners-beating-p-500-202352991.html
https://www.investing.com/analysis/gold-beat-s-p-500-eight-times-since-2001-200181473
https://www.investing.com/analysis/why-gold-has-outperformed-the-sp-500-over-the-past-20-years-200589411
https://www.forbes.com/sites/greatspeculations/2019/01/03/gold-has-beaten-the-market-over-multiple-time-periods/
https://www.cnbc.com/2022/07/01/sp-500-had-worst-half-in-50-years-but-the-60/40-portfolio-isnt-dead.html
>barely any price movement
you don't know how to trade or how to invest

>>50169128
how many times do i have to post it?

>>50114773

>>49813232
this is the zoomer's way of testing his point of view, just blurt out whatever retarded shit they believe, whatever strawman arguments they've been working on for weeks, and then wait to be corrected like it's somehow our job to convince them

>>49815260
>This is true, but the goldbugs are arguing that gold is currently being heavily suppressed to hide the declining state of fiat money. If people saw gold, the traditional hedge against fiat, start skyrocketing it would send signals that fiat is in a bad place.
this is a fair assessment but you neglect that "goldbugs" are midwits who accidentally are on the right path.
real investors have two very real case studies, both recent, both still relevant, and it's simply up to cryptofags and milkshakers and everyone else to ignore the rabid goldbugs and accept gold for what it truly is and what it's actually about to do.

>>49784054
get ready. last chance.