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/biz/ - Business & Finance

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11799417 No.11799417 [Reply] [Original]

Daily reminder that gold and silver went into a bear market for 9-10 years after it's last major bull run and the same thing will happen to crypto. metals are unironically going to break out because they are way over due for a bull run unlike crypto which is just getting used to being in a bear market

silver is literally ethereum in early 2017 right now

>> No.11799438

>>11799417
gold 10 years ago: ~$900
gold today: $1200

thats an annualized return of ~3%.

>> No.11799464

>>11799438
7-8 years ago whatever faggot

>> No.11800075

>>11799417
>oldest major asset market in the world
>youngest major asset market in the world
>comparable

>> No.11800169

>>11799417
that girl isnt asian

>> No.11800270

>>11799438
Such a dumbass gold doesn't give you returns. Gold is just gold. Gold has been money for milennia so why the fuck would you be valuing it in terms of dollars?

The entire point of buying gold is to have wealth stored for when fiat implodes.

Nobody buys gold in HOPES it goes up in dollar price like Apple stock.

But when the crisis hits and we have a deflationary collapse the transfer of wealth will be immense and as little as a couple gold coins will buy you a home.

That's the reason you buy gold

>> No.11800982

>>11800270
>2 ounces buys a house
>tfw spending all my savings on shiny rocks in 2013 actually pays off for me

>> No.11801038
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11801038

>>11799417
oh god that fucking fat roll hanging out the side of her workout pants

>> No.11801073

1 oz gold = 1 organic cow since ancient times
1/10 oz = 1 organic chicken since ancient times

>> No.11801099

>>11801073
*1/10 oz silver

>> No.11801137

>>11801038
Anon I think you have the gay, best get checked

>> No.11801170

>>11801073
NAked short selling. Paper price doesn't MEAN SHIt

>> No.11801184
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11801184

>>11801038
You call that a meme? Now this is a meme.

>> No.11801187

>>11801038
Those are called hips, my trap loving friend