/biz/ - Business & Finance

>>25969143
Because world is okay, vaccine being rolled out to every individual so we will be back to the normal early 2022.

probably a lot of fomo leveraged longs that are relatively close to the top
market makers will spend some time to shake most out until they mark up the price

>>25969143
because worthless brick

No use case
Not private
Centralized mining
Infinite supply

Ppl are realizing that there's infinite gold in space, but only so many crypto

>>25969218 = blue pill
>>25969242 = red pill
Choice is yours op

>>25969143
Because people know Trump will secure the presidency, prevent the USA from becoming a communist hellhole, and open shit up. Which equals a stronger, healthier dollar.

>>25969143
who cares? Buy affordable gold while you can.

it's heavy and relatively useless yet very shiny metal. muh history is just autism. the fair value is about $10 per ounce.

it will return to pre trump levels

>>25969288
Wrong on all 4 counts. How can you manage to be so mentally handicapped?

>>25969143
who the fuck wants a shiny rock

>>25969143
JPMorgan hates gold and will make everyone to hate it aswell.

>>25969391
Go back to twitter peter

>>25969143
Because for now they control the markets and they want to push everyone on to digital ponzi coins where you will have your wealth raped and taken off you, meanwhile all the central banks are buying physical gold.

If you dont hold it you dont own it and you are all about to find that out in the next few months/years.

>>25969143
the chinks are close to making a fusion generator so they can print gold soon with low cost

>>25969143
Because it's just "shiny object" but for adults

JPMorgan owns half the silver bullion on Earth. Anyone who thinks precious metals are just shiny rocks are beyond fucking stupid, like demonstrably stupid. Let me guess, you're bagholding some worthless crypto right now? Sad, many such cases!

>>25969800
poor jpm bagholding silver LOL

>>25969800
What are they going to so with all of it?

>>25969917
The werewolf wars are nearly upon us, you do the math

>>25969143
Schiff is selling off to buy more BTC

If you want to buy shiny rocks buy platinum, actually used in the petrochemical and catalyst industries.
Gold is a meme

>>25969973
They already use pounds of the stuff in missiles to blow up rag heads in the middle east, it got to the point that these farmers would stage fake terrorists camp sites to get the u.sm military to bomb that area, later they would take the scraps and sell them.

>>25969917
Their HR department can sell it to their janitorial department who can sell it to their catering department who can sell it to the HR department. Elegant simplicity and big GDP boost, which I think we can all agree is the most important metric.

>>25969143
>buying boomer rocks
>in 2021

Ngmi

>>25969143
Boomers are fleeing it for BTC

>>25969218
>back to the normal
never heard of the great reset

>>25970545
That's just a conspiracy theory

>muh shiny metal

Go back to the stone age, faggot.

>>25970439
lmao right?
I can't believe these retards call themselves investors

>>25971427

Getting very sleepy as well fren?

>>25971751
A lot of precious metal investors I've noticed constantly bring up "Good luck when the internet goes down" when it comes to crypto... Guys, having gold in that paradigm would not help. If the internet went down, it would be utter chaos. Only survival skills are the true worthwhile investment in that paradigm.

I see precious metals as just another basket to put eggs in, not the end all be all. Crypto ftw

>>25971800
Yes it is very hard to stay awake now

>>25969143
I learned this the hard way. Gold only goes up in SHTF scenarios.
>COVID
>war
>Weimar inflation
I wouldn’t call it an investment I would call it insurance desu. When gold moons it’s gonna be spooky outside

>>25973252
No. Gold always follows the M2 supply. Obviously fear will lead into inflated PM prices and you are right not calling it an investment, since it is a hedge.

Gold rock go up, digital rock crash tommorow.

>>25969143
because most of it's value is a meme value, all precious metals will reduce to industrial value because all it is is shiny and inconvenient

>>25970439
biggest buy signal

Buy placer claims and own the means of production/cultivation rather than owning IOUs of bullion. The Jew fears land owners

>>25969143
biden is going to announce $2 trillion in stimulus later, gold has been in crab market for a month or so but if it does start going up again soon im gonna freakout. Just stop watching the price and know your in a long term bull market and relax, shit defies logic at times (because its manipulated) but its going up so no worries

>>25969143
the reason it has been crabbing over the past month is because the dollar has bounced a bit its drop against other currencies, but that bounce has stopped now