/biz/ - Business & Finance

[Anonymous No.16347937]

gold cucks btfo

[Anonymous No.16347958]

now look at it one year later

[Anonymous No.16348029]

>>16347958
That doesn't make it any better you utter fucking moron.

[Anonymous No.16348041]

Start it again since 1960. Gold outperforms.

[Anonymous No.16348084]

Yes, the governments of the world are printing money and putting it directly into securities and bonds. This is an argument for gold in the long term because they are destroying their currencies to try and keep economic growth going artificially.

[Anonymous No.16348134]

>>16348041
no it literally doesnt

[Anonymous No.16348165]

Nice quite obvious what the play is now

Glad dumb gold bugs are about to seethe from me buying in right before a moon while they held years

[Anonymous No.16348232]

You don’t understand gold. Kill yourself.

[Anonymous No.16348236]

>>16348134
Yes it does

Gold in 1960: 36.5
Gold price now: 1500

41x return

Dow 1960: 615.89
Down jones now: 27875

45.2x return

Now...account for all the bankruptcies that occurred in the DOW...the strong look back/survivorship bias...and the fact that gold is actively manipulated by a cartel. And it’s not even close in terms of risk/reward

Furthermore wait until everything implodes next year and the returns disregarding the risk won’t even be comparable. It’s insane how much better precious metals are as an investment over stocks

[Anonymous No.16348305]

>>16348236
>It’s insane how much better precious metals are as an investment over stocks
What about stocks in companies that mine, specifically gold?

[Anonymous No.16348316]

>>16347937
Gold is supposed to be a store of value, not a investment.

Anyone saying gold or silver is a investment is someone you should run from.

[Anonymous No.16348325]

>>16348305
If you do your research probably even better.

[Anonymous No.16348337]

>>16348316
Normally I would agree with you, but you’re wrong because we live in a fiat paradigm world with zero gold standard

In this clown world gold IS an investment in the collapse of the system

[Anonymous No.16348350]

>>16348305
GORO bitches! It pays dividends in physical metals! You can't get more fucking Chad than that!

[Anonymous No.16348355]

>>16348337
You are who he's warning about.

[Anonymous No.16348363]

>>16348355
In a normal gold standard sound currency environment gold is a store of value.

In a fiat currency clown world gold is an investment.

[Anonymous No.16348365]

>>16348337
You realize your waiting for a collapse that is happening in slow motion right? I doubt we would return to any kind of gold standard in this century.

[Anonymous No.16348382]

>>16348363
Stop proving my point.

[Anonymous No.16348590]

>>16347937
Nobody here holds gold

[Anonymous No.16348625]

>>16348590
>not taking it out of the case

[Anonymous No.16348656]

>>16348365
>>16348382
These things happen slowly...then all of the sudden

Get back to me in 6 months you cucks. If you wait until the crash it will be too late for yiu

[Anonymous No.16348676]

>>16348656
Crashes are deflationary for fiat.

[Anonymous No.16348692]

>>16348084
This. Gold is good because it RETAINS it's value over long, long periods. Gold isn't invincible, but it's more stable.

https://youtu.be/fjhLp8AHAYc

[Anonymous No.16348700]

>>16348676
Not this one. You don’t fucking get it do you? There hasn’t been a crash in the past 100 years where central banks have printed this much fucking money right beforehand

You’re gonna keep laughing at guys telling you this time is different —because it is—all the way up until you lose everything

Just make sure you save enough for rope so I cns fap to your suicide livestream

[Anonymous No.16348889]

>>16348700
Checked and based. I personally think silver has been the most manipulated asset from the last ten years. Once (((they))) lift the suppression (at the reset) silver will go parabolic

[Anonymous No.16348908]

>>16348590
>mfw sent my dad home with my gold last time he came to visit to split risk

[Anonymous No.16348929]

>>16348908
anybody here tried synthetic debt backed gold on ethereum yet?

[Anonymous No.16348951]

>>16348929
No thx jeff

[Anonymous No.16348965]

>>16348236
>Yes it does
>literally shows that it doesnt
wow youre a fucking retard like all goldbugs

[Anonymous No.16348972]

investing in stocks is cucked when you can go full bull with options and locking in gains in gold. it will work until it doesn't, and you'll have gold when it doesn't work.

[Anonymous No.16348999]

>>16347937
>that lost decade between 2000 and 2010

a lot of boomers got fucking wiped out in the last decade.

[Anonymous No.16349009]

>>16348236
>Gold in 1960: 36.5
>Gold price now: 1500
>41x return

41x after almost 60 years. Stocks and precious metals are a meme. BTC started to be available at about 60 dollars in an exchanges. Let's just say 100 dollars in 2009. In 8 years, it did about a 199x ((20k-100)/100).

[Anonymous No.16349137]

>>16348236
>ignoring dividends

wew

[Anonymous No.16349156]

>gold is for a high return
gold is a risk hedge. high returns are inherently risky. Dumbass

[Anonymous No.16349205]

>>16349156
no it isn't. risk is not same thing as variance. finance has you totally memed with risk = variance.

[Anonymous No.16349218]

>>16349205
what's your point anyway? an ounce of gold can buy a really nice suit, just as it was able to 150 years ago. It has little variance if anything, which is exactly the point

[Anonymous No.16349228]

>>16349218
gold outperformed stocks from 2000 and onwards. it can be a high reward and low risk investment to make.

[Anonymous No.16349240]

>>16349228
in terms of dollars sure

[Anonymous No.16349920]

>>16348236
>Gold in 1960: 36.5
>Gold price now: 1500
>
>41x return
>
>Dow 1960: 615.89
>Down jones now: 27875
>
>45.2x return

do you even dividend?

[Anonymous No.16349927]

>>16348337
>In this clown world gold IS an investment in the collapse of the system

When was the last time the system collapsed?

[Anonymous No.16350005]

>>16349927
Depends on how you define collapse. I’d suggest 1929, so 90 years ago. Might be worth noting they made the private ownership of gold illegal for about 40 years shortly thereafter.

[Anonymous No.16350015]

>>16348590
The problem is I have too much gold.

[Anonymous No.16350024]

>>16347937
gold has been a terrible investment in the long run. Who holds that shit?

[Anonymous No.16350035]

>>16350015
Based, that’s actually a lot of money right? Could be around 20k

[Anonymous No.16350181]

>>16349927
2008.

[Anonymous No.16350185]

Not to steal your thread but I too will be getting about 515k AUD soon from a leg injury.

Should I invest 30k into silver and 30 into gold or buy a place near a uni that will return 7-9% PA on 200k AUD?

AUD is a dodgy currency right now.

[Anonymous No.16350219]

>>16347937
Im so fucking annnoyed that i was a poor student in 2008-2012 and then didn't get a proper full time job where I could save to invest until 2015 and now that I finally have some capital to play with the whole fucking world has already mooned.

[Anonymous No.16350510]

>>16348084
he nailed it
>>16350219
>Im so fucking annnoyed that i was a poor student in 2008-2012
blame the fed, bush and obama. They pumped the market when we were young and near buying. They should have encouraged investment from youth and BTC might not have taken off

pic for op

[Anonymous No.16350513]

SP500: Freeza
GOLD: Bardock
BITCOIN: Goku

[Anonymous No.16350533]

>>16348316
>>16348365
Why do gold bugs have shit taste?

[Anonymous No.16350612]

>>16350513
sp500 Jiren

[Anonymous No.16351282]

>>16350015
PAMP IT!

[Anonymous No.16351528]

>>16347937
So you're saying we're undervalued x4

[Anonymous No.16351814]

>>16351528
X10
and silver is undervalued x47 at least