/biz/ - Business & Finance

>>49835138
The stacks already are. Gold keeps getting devalued, into nothing, against Bitcoin.

>>49835222
It's basically a stablecoin. Compared to Bitcoin and other cryptos, gold is almost exactly the same as fiat/stablecoins.

>>49835138
oh noooo
better sell my epic chun-li (1 of 50 in the whole world)

GSR to 1:10
Take that Schiff

>>49835248
<-- Another way to look at it. That's Gold measured in Bitcoins. Old chart, but the point is how extraordinarily similar it looks to a zoomed out BTCUSD chart. Most people who've seen BTCUSD zoomed out wouldn't be able to tell that's not BTCUSD, if they weren't told it was XAUBTC flipped over.

>>49835138
this is why i just keep a lump of gold in my pocket, the only real use it has is as an anti bacterial

>>49835138

>shithole destabilized African country wracked with internal conflict pushes narrative to try and get suckers to invest.

China already has done the surveys and its 31 million ton of ORE, not pure gold. Mining is also scalable and expensive. Mines take years to develop and produce something useful. This will have zero effect on gold price. This tired meme post is just crypto bagholder cope.

It's hilarious watching baggies try to FUD the gold price. Like, I never imagined it could happen but there it is, hitting 17.5k broke them, they are getting desperate.

>>49835269
It's a piece of plastic my dude

>>49835361
Lmao he thinks digging a hole in the ground is expensive. Maybe in your Euro police state where you have a bazillion regulations.
The nogs will simply send an army of impoverished children with pickaxes and mine all that shit the same way they've been doing in the middle ages.

>>49835222
STOP LOOKING AT CHARTS YOU NASTY BAD GOYS!!!
YOU GOTTA KEEP BUYING GOLD AND SILVER INSTEAD OF BITCOIN!!!
IT'S YAHWEH'S MONEY AFTER ALL!!!!

>>49835138
Its OVER for gold bros. You have my greatest sympathies and respects. Remember to cry in the closet where no one can see you so your families don't lose even more respect for you than they have for your mineral collection

>>49835472
>implying nogs are able to do anything as complex as operating a gold mine

>>49835352
You mean silver right?

>>49835138
>the asteroid was in the earth all along

The (((fud))) against PMs is getting really pathetic lol... Literal nigerian prince-tier of scam Uganda is pulling every 3 months.

Seeing shitcoins' baggies becoming the spreading vector of this bankster propaganda -trying desperately to save their fiat system- is even more pathetic tho.

>>49835138
It's already worthless, the jews control the spot price with paper gold.

>>49835361
>China
>Takes years
Kek gold bugs are so fucked yeah western countries take awhile because all the red tape they have to go through the bug people will mine that whole country in 5 years tops

>>49835519
The Chinese could do it

>>49835269
>1 of 50 in the whole world
As if that matters for an extremely niche oldfag relic, competitive fighting games died with Melee

>>49835361

Dude just get a pickaxe and strike the earth.

Buy silver, not gold.

Funny how all of this repetitive PM fud appeared a few days ago. Completely organic. Really joggin the noggin

>>49836033
Kek, that's why it's already practically free.