/biz/ - Business & Finance

>>51575693
PM fags are the worst permabears in existence. They will flood this thread claiming that gold isn't in a bubble cause line only go up. They're hopeless cultists

>>51575693
Pretty sure the lowest it can get will be 1500.
Still not selling, as I bought it when it was around 1850.

>>51575763
not for anything, but there's more to the world than the USA and US dollar.
Even if they don't print when things get bad here (let's say worse than 08), other parts of the world will get going again, and we'll get left behind.

>>51575693
please let it crash i need cheapies

>>51575779
$1450 is support.
Break that and we'll likely revisit $1200.
Every leg down from here is a buy, but we are definitely going lower.
>How many ounces of Gold will you buy when it hits $700
0 ounces because that's not going to happen. OP studies TA at Anus Tonguing University.

>>51575883
I screen capped this post. If gold dips below 1000 you will be Tonguing my damp hairy shit stained anus all night

>>51575883
Where would the S&P500 be if gold went back to 1500?
Where was it last time?

>>51575693

I've never bought gold before, but I'd think about it at that level.

>>51575953
You will be a real woman before we get a weekly close below $1k.

>>51575693
holy shit this is retarded lmao

>>51575987
Gold is approaching 1500 quickly now. So maybe SPY 350. Will be under 1500 by next 75 point hike

>>51576087
did you miss the double top? You fucking naive imbecile

>>51576127
a 40% reversal from the double top ATH is right around 1240, which is a sane level for gold to return to.
>$1232 is all in sustaining cost
https://www.gold.org/goldhub/gold-focus/2022/07/aisc-gold-mining-industry-reached-their-highest-level-record-q122-0
>Senior gold miners currently pricing in $1250
https://www.youtube.com/watch?v=770_6H_JIFc&t=690s

OP derived $700 while inducing a prostate orgasm with his bare hand.

>>51576275
again, the day gold dips below 1000 you tongue will be fully inserted into my rectum. You will polish my chocholate hotdoge maker for 24 hours without stopping

>>51576087
>t. most of his net worth in gold

>>51576357
>the day gold dips below 1000
weeklies only, anon. a girl's gotta have standards.
>below 1000
even your magical MS paint support line with zero reasoning behind it confirms my thesis.
Q4 2008, gold down 35% from early March highs before liftoff.

how about this, anon: I promise to keep my tongue scraped for you, but when we inevitably consolidate above $1000 and don't break below it, you buy a tube of Krugerands, lube it up, and snake it right on up your bussy.
You get one, and only one, solid heave. What falls out is mine and you can keep the rest as a consolation prize.

>>51575693

>>51575693

If gold goes to $700 I'm raiding every pawn shop and jeweler in my area for gold.

>>51576744
>Sorry go- I mean anon, we don't have any for sale.

I hate the modern world

>>51576275
I've never had a prostate orgasm, any tips?

god I hope so

>>51575693
what would probably happen
>gold price $300/oz
>physical gold price $2000/oz

>>51576386
>t. Too poor to afford gold

>ITT: Zoom Zooms who don’t know how fundamentals work and rely on meme lines

>>51576744
>>51575831
>bagholder bingo

>>51575693
Amazing TA bro, very good. I'm convinced.

>>51577840
Probably this, realistically speaking.
>ASEs still at 33
And they have stuck that price there on le ebin freemason number. Freemasonic unadultered weaponized autism, I say.

>>51575693
Assuming that will tighten the GSR I'll just trade some silver for gold.

>>51575693
If gold is going to crash, the S&P500 will crash even harder. SPX/GOLD is in free fall.