[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 26 KB, 770x410, gold_3d_b_o_EUR.png [View same] [iqdb] [saucenao] [google]
18028320 No.18028320 [Reply] [Original]

is this it goldbros?

>> No.18028458

It's seeming pretty positive at the moment and $2000/oz. EOY seems increasingly likely... So yeah, fuck it, why not?

>> No.18028604

All in jnug options

>> No.18028641

>>18028458
>2000 eoy
you gold boomers are so cringey. what is that, a 25% gain? fucking pathetic. that's a single day in crypto.

>> No.18028701

Remember that it's nearly impossible to get physical gold and silver. There is demand and very low supply.

>> No.18028755
File: 38 KB, 550x550, flat,550x550,075,f.u1.jpg [View same] [iqdb] [saucenao] [google]
18028755

>>18028641
>You can't use trade precious metals AND cryptocurrencies at the same time

>> No.18028830

>>18028701
already have it

>> No.18029011

>>18028320
>>18028458
didnt 08 and 00 say that it rose only after the recession or when the recession was ending? dont think we're out of the woods just yet

>> No.18029049

>>18028755
>he thinks there's money to be made on boomer rocks
>not going all in on LINK

ngmi

>> No.18030592

>>18029011
It'll moon then, definitely, but the question is from what starting position. It seems like 1500/oz. is pretty stable at the moment, though it looks like a readjustment to 1600 seems to be on the cards.

>> No.18030972

Not yet, this is a false rally.

>> No.18031108

>>18030592
fair enough, but do you see any further downwards pressure on gold before it "moons"? like a repeat of the previous 2 weeks e.g., if the equities continue to get massively btfo and people liquidate their gold holdings in mass to cover for this - just theorycrafting here

prior to today, i was deadset that gold was going to fall to around 1300ish as a potential bottom before moving up - obviously not so sure of this anymore

>> No.18031137

>>18030972
what makes you say that? just interested in your rationale is all

>> No.18031660

>>18031137
Silver/gold fell off an actual cliff, the rate of losses was unsustainable. This is a suckers rally before a further price drop.

I'd expect to hit the actual bottom in both stocks and PMs a few months from now, maybe just before fall.

>> No.18031742

>>18028320
Could be.
But i don't think so.
But it will go to the moon eventually, even if before it goes to 900 or lower.