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/biz/ - Business & Finance

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52695812 No.52695812 [Reply] [Original]

In other news, crypto still stuck back on earth.

>> No.52698291
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52698291

>>52695812
gold up 1.9% in 24 hours

"gold is on a moon mission! it's the safest investment in existence!"

still lower than it was FORTY TWO YEARS AGO

still lower than it was ELEVEN YEARS AGO

still lower than it was TWO YEARS AGO

gold is the OG shitcoin

>> No.52698308
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52698308

Inshallah

>> No.52698324

>>52698291
Thank you I came here to say this
Goldbugs get fucked by bankers and brag like they’ve made it

>> No.52698361

Reminder to goldbugs that all of their shills are gold SALESMEN, not gold acoomulaters. Isn't it weird that they're selling the asset they claim is about to go up in price massively?

>> No.52700447
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52700447

>>52695812
We all agree waiting. Bitcoin bros are going to be eternally salty when PM Chads win.

The Celsius debate with schiff was the final warning.
https://youtu.be/YaNXa4yLv-w

>> No.52701105

>>52695812
None of the stores in town take gold. Imagine a wagie trying to figure that out

>> No.52701930

>>52698291
Is this a trick to get people to look at the gold chart lmao

>> No.52701945

it's gonna be a hard few years for cryptokeks

>> No.52702127
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52702127

>>52695812
Top of the bounce

>> No.52702856
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52702856

Feels good

>> No.52702892

>>52695812
>moon mission
>0,01%

I honestly prefer to waste all my money in cocaine and die happy in an insane orgy than wait 80 years to have 2% profit.
Life is balance. Reach in at 60 years and "finally" become rich at least twice more toxic than die young.

Fuck gold.
Fuck silver.
Fuck Jannies.

>> No.52703105
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52703105

>>52695812
>goldies back to the same price they were at 11 years ago, not even accounting for inflation

congrats on this, seriously.

>> No.52703190

>>52702127
wrong its a break of the current downtrend. zoom out you'll see the multi year consolidation pattern and this break will take gold to new highs. in a world with persistently higher inflation gold will outperform most assets. central banks have been quietly buying up gold in recent years

>> No.52703734

>>52703190
> central banks have been quietly buying up gold in recent years
Where do you think it went after FDR confiscated all of it?

>> No.52704058
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52704058

>>52698361
It's called arbitrage you mongoloid. The more volume, the better for them. Sellers don't sit on their inventories, no matter how much they love the products they sell.
And yes, PMs sellers did an absolute killing the past two years, definitely the biggest winners of this entire post-plandemic crisis.

>> No.52704081
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52704081

>>52702892
>wait 80 years to have 2% profit

>silver the past 3 months : +30%
>bitcorn the past 3 months : -15%
maxis and shitcoiners on suicide watch

>> No.52704123

>>52698361
PM dealers make their money on premiums. Most hedge by shorting paper silver/gold against their inventory. So if PMs move either way, the change is effectively 0 on their combined paper+real inventory worth, while their actual revenue comes from premiums.

>> No.52704433

>>52695812
This board is mostly pictures of jews