/biz/ - Business & Finance

>>58288346
>inflation is dipping
The numbers haven't added up since Biden has taken office.
That alone would have me slurp up "boomer rocks" and crypto.

>>58288346
Every time the news reports a "Soft landing", an epic crash follows within a couple months.

>>58288346
on an inflation-adjusted basis, gold is still ~16% below its all-time-high in August 2011

because BRICS is about to cause ww3

>>58288346
Gold's price has been supressed for long. They cant keep the lid on it forever. Without any manipulation gold's price would be in the 4k-8k range.

>>58288346
Lots of billionaires are selling huge amounts of stocks. Do with that what you will.

Didn't NATO print more zeroes for Ukraine? That would explain it

>GPUS and CPUS need Gold to be fabricated
>Buy into shitcoins, the only important market
>Buy into gamefi shit (SUPER, AVG, etc)
Play both fields and you will come on top bros.

>>58293847
>Same CPUs and GPUs are then used in high tech rockets.
>Rocket gets sent to push gold and copper filled asteroid worth quintillions of dollars towards Earth for mining and to make more tech.
Wtf will goldtards do when their "finite", "generational wealth" becomes worthless overnight?
picrel

>>58293903
yeah anon, I saw that movie too, the original and the sequel. waste of time really.

>>58290365
it already started, when they started controlling mass media.

>>58288346
Suspiciously wealthy underground criminal Saudi magnates buying in new collections of shiny boomer rock accessories to net underaged pussy easier.

>>58293847
>implying the third worlders that play crypto game for 0.2 cents a day have RTX cards or anything that has over 2 GB VRAM

>>58291432
yes, it should be like three times whats today, its s finite resource, earth wont produce more, price should be higher.

>>58293979
if they manage to build a better synthetic replacement for gold... economy would flip upside down.

>>58293903
>goldtards when you fucking devaluate their rock once it becomes obsolete and just useful for hdmi cables

>>58288346
>why are investors buying risk assets like gold?
How the FUCK is gold a "risk asset"? You smell like a Fed.

>>58293903
This. As soon as Melon Bunk stops jacking off naked in his mansion and forcing his black miner servants to watch him and he actually gets back into developing shit for Spacex its over. ONE sucessful mining operation in ONE shitty asteroid floating somewhere to retreive diamonds or whtatever and it's fucking over for precious metals chads.

>>58293847
its a daydream miracle what cant we do with gpus nowadays, besides gaming. brilliant.

>>58293847
gamefi has no clientele
wealthy people waste time on other wealthy activities
poor people have to work 20 jobs to stay afloat and playing games for a few dollars a week is not going to cut it
no blockchain game is fun and thats law, sorry

>>58293999
considering that amazon dropped their ai plans to replace everyone at warehouses because it was actually more expensive and way harder to get the machinery etc plus ai being kind of dogshit for anything that isnt text/video/image/sound generation (literally anything creative which is hilarious and perfectly represents the absolute state of our clown society we have today) id say we are ok and there wont be any "mining operations" anywhere.

>>58293997
board is full of glowies and shitskins. what's new to you? faggot.

>>58293903
>picrel

le what now?

>this fucking thread
just archive /biz/ already ffs

>>58288346
>Why are boomer rocks pumping?
they do? ngl seemed more promising to grab memecoins like MUMU, make a pile of that shit and wait for elon musk to mention any of those for a fat pump

>>58294031
kys

>>58288346
Why do you assume it's retail investors and not central banks such as China and Russia moving away from treasuries and into politically neutral reserves like gold?

>>58288346
>inflation is dipping
>35 trillion debt
Imagine imagining this

>>58293847
>GPUS and CPUS need Gold to be fabricated
go look at how much gold is used industrially lol

>>58288346
>risk assets
>gold

Op are you retarded?

They can't even build terrestrial infrastructure properly anymore and shitcoiners think they'll be gold mining space rocks in their lifetime

>>58288374
>hotter than expected inflation data
>US says
Jesus. If they’re actually admitting that it’s high, instead of just fudging the numbers and saying inflation is low, shit must be seriously fucked up. See you all in the bread lines.

meh, not really anon. you're just eating the fucking bait, get away from that shit dude
seriously, just look for memecoins or dogcoins instead, hell even VINU is a more stable and profitable source of income than gold or whatever