/biz/ - Business & Finance

Inflation is a tax everything.

>>54946237
>Measuring the value of a PM in fiat dollars

NGMI

>>54946288
Gold exists to hedge against inflation. Thats its job.If inflation goes up and gold stays the same, gold lost value.

>>54946237
>>54946288
>>54946314
>>54946315
because gold and PMGs are a meme

when are you faggots going to realize that you've been psyop'd by jews

All the Doomers bought gold and silver during 2011-2012 expecting another leg down and another crash. They could have bought literally anything else and easily got a 5x.

>>54946237

you're right.
they should've just bought a bunch of eggs.

>>54946314
>I can trade an ounce of gold for an hour with a hooker today, but only for 45 minutes in 5 years
How is it a good deal?

>>54946237
Gold has been a store of value for three thousand years. If it is losing value over time, how can it still have so much over thousands of years? Maybe TikTok has shortened your attention span?

Physical gold and silver isn't an investment. It's not even a speculation. It's your insurance. Have 2 to 5% of your net worth in physical precious metals that you keep in your personal possession. Then never think about gold and silver ever again, and pray you never have to use it. It really is that simple.

>>54946237
I can cherry pick dates too.
Nigger.

The entire system is rigged against shorting gold and propping up useless shit, even the value in dollars is intentionally misleading because the dollar is just made up as we go

>>54946237
precious metals are for faggots
/thread

>>54946237
Either op is ultra stupid or everyone in this thread is.
Idk, I'm betting on the latter..

>>54946237
Just bought like 5k worth of barrick gold leaps, it's been a money printing machine the past 3 years.

Close enough

Markets are kiked and not representative of anything's true value.

>>54946315
N

You have to keep in mind that gold is a world commodity too. The dollar is not the world.