/biz/ - Business & Finance

Dead cat bounce proceeding as predicted. Stay tuned folks. Let it play out, don't go short just yet.

>>55630009
I dont hate you, I would have even bought but my capital is limited so i'd rather focus on Gold and Silver right now, bottom is in. I might buy some Oil and Uranium late this year.

>>55632601
>trying to subvert God and the good day to day lives of his people.
Incredibly based. Follow God's teaching and you shall succeed in life.

https://www.bloomberg.com/opinion/articles/2023-06-28/gold-is-no-longer-a-good-hedge-against-bad-times#xj4y7vzkg

https://oilprice.com/Energy/Crude-Oil/The-Top-5-US-Oil-And-Gas-Dividend-Stocks-For-2023.html
Divvy brose check these out! Also take a look at TRP. It's at a major low, ex div is next week and annual yield 6.7%.

>>51398511
The CPI numbers tomorrow have an extremely low chance of being in the toilet, and certainly not even close to being low enough to get the fed to ease off the rate hikes.
The markets are pricing this in and if I am correct (I am) it means LUNC will pump at the awful CPI figures because BTC will dump following the numbers release, which obviously means LUNC will pump, since it does the opposite of BTC.

>>50205606
Now THIS is a blessed outlook.
I think about how to remonetize precious metals a lot. The first, and most crucial rule it that it has to be SUPER illegal to take our coins over the border. Same charges as counterfeiting. And counterfeiters get death. Why? Because I damn well guarantee the rest of the world isn't going to convert to PMs at the same rate we would and those damned immigrants are just going to mail all of our much more valuable PM money to their own shitholes, bleeding us dry. Money CIRCULATES just like blood does. For a healthy body (state) it must flow within itself. If the money is debased/sullied, the nation is toxic (late Roman empire, Weimar Germany) If the money is only hoarded by the rich, a sudden and disastrous revolution will cause revolution just like how a clot causes a stroke (French revolution, Russian civil war) If the money is taken by everybody else and bled out, the nation slowly weakens (also late Roman empire, modern America)

I don't like goldbacks as way to stack Gold, but I DO like them as a concept for a silver/gold certificates that is more than just paper. Say I were absolute power next Monday, I would see if some form of goldbacks better suited to general circulation could be developed as a gold/silver certificate. These would be acceptable to take overseas, but could only be redeemed for actual coin by US citizens. It would also help "normalize" the good, but scary transition for normalfag retards that have only ever seen paper as money. They might like "shiny paper" better than "yellow/green paper" even, they could feel richer.