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/biz/ - Business & Finance

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11289917 No.11289917 [Reply] [Original]

#GODL

>> No.11289923
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11289923

>>11289917
The true hodlers coin

>> No.11289927
File: 26 KB, 471x359, even.png [View same] [iqdb] [saucenao] [google]
11289927

in the past5 years, gold has remained even

>> No.11289931
File: 34 KB, 1304x738, gold.png [View same] [iqdb] [saucenao] [google]
11289931

>> No.11289938

>>11289927
>ascending triangle
>broke out downwards
>btc is descending triangle right now.
Really stews the brain noodle

>> No.11289942
File: 100 KB, 794x482, 0340-38r502348.jpg [View same] [iqdb] [saucenao] [google]
11289942

>>11289917
OH NO NO NO NO!

#Dumpit

>> No.11289947
File: 35 KB, 655x429, goldsucks.png [View same] [iqdb] [saucenao] [google]
11289947

>>11289931
seems a pretty bad investment

>> No.11289948
File: 20 KB, 483x413, 1537598114192.png [View same] [iqdb] [saucenao] [google]
11289948

>>11289931
reminder that gold is useless as a currency, an investment, and a hedge

>> No.11289958
File: 20 KB, 590x351, DJIA-1900.png [View same] [iqdb] [saucenao] [google]
11289958

>>11289947
>>11289948
reminder gold is the unit of value
if you measure value over time in fiat currency you are a slave to inflation

>> No.11289964

>>11289958
why cant stock in amazon be a unit of value?

>> No.11289974

>>11289964
the same reason you wouldn't use a ruler that grows exponentially depending on where you are standing to measure length

>> No.11289977

>>11289974
>amazon makes houses
>supplies everything to furnish house
>creates jobs
we will live, breath, and shit amazon. and they aren't going to take gold bars.

>> No.11289978

>>11289948
gold looks pretty good on that chart anon

>> No.11289997

>>11289977
you think I'm saying something bad against amazon I'm not I'm saying you should price things in gold
https://en.wikipedia.org/wiki/Metrology#Definition_of_units

>> No.11290006

>>11289927
> 5 years is a long enough timeline for gold.
Fucking kill yourself.

>> No.11290013

>>11289997
no i want to price things in amazon instead though. its more valuable than gold. well just buy/trade amazon stocks. plus they are more divisible than gold.

>> No.11290026

>>11289978
How the fuck does that look good?
Bonds beat it in every aspect

>> No.11290076

>>11290013
lol you can do what you like

>> No.11290114
File: 26 KB, 590x351, TLT-2002.png [View same] [iqdb] [saucenao] [google]
11290114

>>11290026
bonds are a scam

>> No.11290121

when you adjust for inflation your paying the same now as when gold was $200 and silver $2 in the early 70's

>> No.11290140

>>11290114
you goldbugs are tinfoil hat retarded

>> No.11290252

>>11290140
your definition of value is consumer price index.
you literally work your whole life because your money gets inflated quicker than Nike's and iphones get cheaper to make.

>> No.11290284

>>11289978
>500% in 140 fucking years
>looks good
Never change /biz/.

>> No.11290375

>>11290284
Stocks went up but dollar down. If your stock rises by 100usd but 1usd becomes 10cents you still have 10usd worth of gold. Total scam.

>> No.11290413

>>11289931
that's only because the US government confiscated everyones gold. lol
>land of the free