/biz/ - Business & Finance

>it's been proven time and again that it is impossible to consistently beat the market
>somehow underage kids think they are smarter than both the market and big investment firms

>fed reserve allows big banks to physically horde gold
>after this decision, the price of gold breaks 400 for the first time
>people start buying gold like fucking crazy 1500+
>it peaks around 1800
>record demand articles being posted
>china, Russia, and india are buying up gold like crazy
>their population keeps buying up gold, breaking record demand over and over
>the fed starts to talk about reversing the decision to allow banks to physically horde gold
>the price of gold keeps dropping, allowing people to buy more with the same money, giving the illusion that demand is actually higher
>with the talk of a new interest rate cycle, the risk off sentiment is turning into risk on
>gold keeps dropping while the dollar gains in value
>Russia, china, and india keep buying gold

Reminder: Big American Banks bought the gold under 400, and sold it over 1000.