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/biz/ - Business & Finance

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54293775 No.54293775 [Reply] [Original]

KEK it's over for goldfags. tradfi is melting and the pet rock can't even hold $2000 lmaoooo, lmaooooo even.

>> No.54293788

Gold doesnt become more valuable. Fiat becomes less valuable.

>> No.54293790

>>54293775
>can't even keep up with inflation
how the fuck is this is a hedge?

>> No.54293834

>>54293775
I think they begin to notice too. It's hard not to these days.

>> No.54293841
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54293841

>>54293788
>gold doesn't become more valuable, fiat becomes less valuable
and yet anyone who bought gold in 2012 is even poorer than they would be if they had held cash for the last 11 years

>> No.54293892
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54293892

>>54293841
and God help anyone who bought gold in NINETEEN FUCKING EIGHTY, because they're even poorer than they would be if they had held cash for the last FORTY THREE FUCKING YEARS

>> No.54293993

>>54293892
Nobody holds cash, retard.
>what are houses
>what are stocks
>what are

>> No.54294095

>>54293993
Are you intentionally missing the point?

>> No.54296136

>>54293775
Yes. Traditional finance in on its death bed. And that is very hard to swallow for a lot of people.

>> No.54296148

>>54293775
Mineral not needed

>> No.54296225
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54296225

? Gold is up 1.22% today, is that bad? I get that $2,000 is a psychologically important threshold, but aren’t you overstating your case?

>> No.54296244
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54296244

>>54296225