/biz/ - Business & Finance

But I do. I own a bunch of it.

>>24045258
Already holding LEGO

I own PAXG

Something is wrong with this graph.

>>24045258
Zoom out to 1900 retard.

Because im not a boomer

>>24045316
It started with the dotcom bubble in 99 and compared relative % gains since then. So it looks a lot more exaggerated than reality. However, considering we are in another bubble similar to dot-com when it comes to equities, it is relevant to be wary of how gold performs post-bubble.

>>24045316
The graph is correct, but it just so happens that the multi-decade low of gold and multi-decade high of the S&P500 overlapped

>>24045258
Sold it for BTC and 100x'd it

>>24045335
pre-1971 isn't relevant since it was a different monetary system. In modern FIAT times, gold has destroyed equities and it's not even close.

>>24045459
>30%
>destroyed

>>24045345
>proud of being poor
lol >>24037021

The holy spirit once told me in a dream "when you think you should be buying gold, buy silver"

>>24045258
It's along story

>>24045366
What a coincidence

I bought into the silver meme.

>>24045258
I'm waiting to cash out my crypto, with that money I will be investing a portion in gold.

>>24045506
>thinking you're gonna get rich from gold
stay old boomer

>>24045892
>has zero savings
Lol ok, tranny.

>>24045258
In any other moment in history I would, but there's Bitcoin now and I've got to follow my instincts.

>>24045497
Thats after its been heavily manipulated. Wait until the reset when gold does a 10x from here and equities do a -90%

The level of odds garanties for traders is growing because of DeFi development. As for me one of the best example of it is Dymmax (dymmax.com) because it’s instituted on parimutuel betting with fixing odds

because gold cert printer goes brrrrrr

I own 2g of gold and 1oz of silver. I'm I gonna make it?

>>24046856
you need 10oz of gold to make it

t. 6oz

>>24046865
Fuck, fren... See, I live in a 3rd world country, our fiat is pretty weak compared to the USD, and with my saving from my shitty wage, that was all I could buy (plus crypto), and here almost nobody buys precious metals for investment and certainly not crypto, this makes me feel like I'm ahead of millions of people here.

>>24045258
Why would I buy Gold if I can just buy Lego?

>>24045258
Because Kleros is an ETH shovel.

>>24045258
>>24045459

Are these graphs supposed to show purchasing power over time?

>>24045258
Gold is the ultimate patrician asset and the only thing (((they))) will never take from you. Take some of those crypto gains and buy physical gold.

>>24045316
The graph pretends that dividends don't exist. That's the only way for gold to seem like a good investment, live in fantasy land.

>>24045258
cus we got GLITCH?

>>24048031
Pure cope.