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/biz/ - Business & Finance

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1034915 No.1034915 [Reply] [Original]

>mfw the derivatives bubble bursts and i'm holding cash
>mfw a century of inflation vanishes in less than a year
>mfw gold falls to $40/ounce
>mfw i can by land for pennies
>mfw i already grow my own food to a surplus and don't consume many commodities
Feels good man.

>> No.1034917
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1034917

>>1034915

>> No.1034921
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1034921

>>1034917
>commodities serf detected

>> No.1034937

>>1034915
You holding actual cash or just numbers on a balance sheet somewhere?

>> No.1034948

>>1034937
Physical is the only way to go.

>> No.1034953

>>1034915
>derivatives bubble
Get back to /pol/

>> No.1034994

been waiting for this for a long time now myself. its going to be glorious

>> No.1035013

Wont they just Print money to cover them and cause inflation ?

>> No.1035034
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1035034

Oh, and don't hold Euros (or anything else; except maybe AUD if you like to gamble). The illusion that Germany can continue to prop up the Eurozone indefinitely is about to be smashed like a white girl in a refugee camp. That's when the dominoes will really start falling.

Also, when they announce plans for a replacement global reserve currency soon, don't buy into it -- that's just banking interests attempting to consolidate the control of inflation and use it as a divestment vehicle from over-leveraged investments that will inevitably deleverage with the deflation in USD that QE has failed to stave off.

>>1035013
You're about to see approximately $700 trillion disappear in derivatives alone, and its gonna be beautiful -- you can't just print that -- that "money" only exists in the form of debt obligations. The total physical USD in circulation right now is only around $1.4 trillion. They might use a few tricks at the higher levels in an attempt to smooth things out between big banks, like printing a trillion dollar platinum coin or something, but I think at this point they're starting to realize the eventuality of a deflationary dollar.

Or I could just be a shill. Guess we'll find out.

>> No.1035048

Deflation would be good for me and if the derivatives bust then the price of homes will go way down.

I will be able to use my cash to buy a nice home at a super low price.