If people hold gold lomgterm as a hedge then why does it take so long for the price to go up? Why doesn't it just moon?

File: 7 KB, 375x403, 1540243757547.png [View same] [iqdb] [saucenao] [google]

Anonymous Fri Oct 26 04:20:09 2018 No.11531742 [Reply] [Original]

If people hold gold lomgterm as a hedge then why does it take so long for the price to go up? Why doesn't it just moon?

>>	Anonymous Fri Oct 26 04:22:17 2018 No.11531757 >>11531742 The people who hold it as a hedge usually hold physical gold. The faggots daytrading ETFs are what pushes the price down.

>>	Anonymous Fri Oct 26 04:26:21 2018 No.11531786 Then I hope the btc etf doesn't get approved. Holy shit if it's like gold then the dream is dead

Anonymous Fri Oct 26 04:38:50 2018 No.11531869

>>11531742
>>11531757
>>11531786

Oh I hope it does, I fucking hate crypto. I want to see the spirits of every retarded bull on this website crushed hard.

I don't know why, I just love being bearish on absolutely everything and love seeing the price go down and seeing faggot bulls get slaughtered.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance