/biz/ - Business & Finance

why would you ever buy this when the most bullish of gold bulls are hoping for a 2x lmfao

>>30149700
Gold is to preserve value, not go for moonshots moron.

>>30149607
It's going to go down lower. I fomod in at 1900 and wish I didn't. I would try to get in at 1,200-1,400.

>>30150144
It’s not doing a very good job

bearish on gold, its gonna fall more. just get in riiiiight before crypto fails

>>30149700
>the most bullish of gold bulls are hoping for a 2x lmfao
no

>>30150305
Tell that to someone who bought more than a year ago.
You had 5000 years.

>>30149607
the best time to buy gold is on the days that end in y

>>30150144
party at the cemetery for you because by the time you get to Lambo you'd be fucking dead with those gains

>>30150260
It's going to be a different story when the hyperinflation hits though

>>30150662
You're the type of tard who thinks a person expects tether to moon because they hold it.

>>30149607
Do you guys think we will see steel prices like 2008?

>>30149700
When shorting breaks on the COMEX,

Gold will be 5x-10
Silver will be 40x
Penny silver juniors will be 1000s of x

>>30150869
>Gold will be 5x-10
>Silver will be 40x
>Penny silver juniors will be 1000s of x
will never happen. last time shit got crazy in the 1980s with the hunt brothers the government stepped in and they were bankrupt by the end of it

>>30150869
Whats the best alternative beside bayhorse?

>>30151203
real companies like $RIO $GOLD $KGC, prolly have better odds at scratch offs from a 7/11 than picking correct penny stock miners

>>30151089
That's because they were buying on leverage and the government raised rates to 20% to fuck them over. It was only three (3) people buying silver that time. And they were absolutely proven correct.

>>30151399
I dont have much money anyway, I’d rather put it in a company with a small market-cap to at least make some money if it eventually moons

>>30150576
It was worth more in 1980 when adjusted for inflation

I buy wads of 1g bars every month no matter what

>>30149607
I fell for the gold meme and kept buying as it kept slipping.

All gold has done is lose me money.

>>30151926
the government keeps adjusting inflation downward to hide the real inflation rate. Look at the price of key items and the cost in one ounce of gold then and those same items now. The federal reserve comes up with sorts of games to change history. Real inflation numbers are found on John Williams' site Shadow Stats.

I fell for the miner memes a few months ago and bought BTG and EGO. I'm kinda rekt but I keep hodling because I think that we are bottomed and a gold bullrun will start soon when the oil gets rekt.

>>30152635
when you read "buy miners" are you just buying what some random person told you, or are you doing your own detailed research to determine if you want to invest in that particular business? Who is the CEO, what is their track record, what is the mine's potential. Learn something about mining before you invest.

>>30152868
Every established gold miner took a big dump since it's peak in 2020. He could have picked fundamentally great company or bad, wouldn't have mattered.

>>30150662
>trying to Lambo with Tether

wow so this is what the prelude to hyperinflation looks like buy more pmg cucks