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/biz/ - Business & Finance

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17673051 No.17673051 [Reply] [Original]

Should I buy gold?

>> No.17673120
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17673120

Welcome tourist! BUY Chainlink on Coinbase.com and gtfo!

>> No.17673129

>>17673051
GOLD | BTC

>> No.17673245

>>17673051
You should have bought gold a year ago. Wait it out with cash on hand.

>> No.17673257

>>17673245
Dont listen to this guy, gold is going to increase 100% over the next year. lol

>> No.17673266

>>17673051
ask yourself how many other normies are going to ask themselves the same question. act accordingly

>> No.17673423
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17673423

All around me, panicking cunts are mismanaging their superannuation and shifting to conservative stocks, losing money in the process. I'm not selling shit. I'm just fucking buying everything that's tanking. This plunge is going to turn around as soon as summer hits the northern hemisphere and the virus slows down. If you have the money, times like this are a time to buy the things that you know will rebound.

Make sure you buy again when it crashes a second time (as it always does) for double gains in 2 or so years.

>> No.17673571

>>17673051
Lol its too late. You should've been buying gold. Markets just crashed anon, there's nlood in the streets. Now is the time to go all in on the stocks - it will recover pretty soon from this. Easy gainz incoming.

When there's blood in the streets you buy.

>> No.17673598

>>17673423
>implying the virus wasn't just a trigger and this crash was inevitable

>> No.17673604

܂>>17673257
one last try

>> No.17673651

>>17673051
Yes, gold is going to 3000 in 12 months. Central banks are going to flood the market with liquidity, just like after 09, and gold will rally just like after 09. Easiest call of my life. Will be a while before stocks bottom too, so you can profit on gold and then start moving into stocks in a year or so.

>> No.17673654

17673604<<
test

>> No.17673668

>>17673051
Yes, so what all this happened and the Fed just dropped it 50 basis points. Guess what's going to happen in the next months. ECB, Fed and co will go lower and lower. Thus causing banks to collapse. Hyperinflation will set in soon after and paper money will be worthless. You will be able to buy a whole suburb with a bar of gold.

>> No.17673687

>>17673571
I think you're too early. We are only down 23ish% from 2008 market low. I think we will make it to 30 or even 40

>> No.17673710

>>17673051
>Should I buy gold?
You should have bought gold back in 2017 to exchange it for airline and oil stock come next Monday.

>> No.17673729

>>17673051
The time to buy gold was last year

>> No.17673754

>>17673654
E for effort

>> No.17673798

>>17673257
This. Gold peaked in 2012 not 2008

>> No.17673865
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17673865

>>17673051
ruff translation from a redactor at my fav inv. magazine:
/This reaction is understandable - virus is spreading and more and more countries have the issue. This strongly interfere with a world threaded with millions of threads. Investors are no different, they don't wait - they battle this virus by getting out of market. Exactly, getting out of market, not taking strongholds. How else you going to explain gold going side by side with a market downwards. In restless times traditional shelters is gold, but panic is exceptional, people getting out of everything, as soon as possible.\
look around you, shelfs are getting empty, people loose their minds, two countries on lockdown. This is a panic, not a economic recession.
Be wise.

>> No.17673957

>>17673423
i thought this was the second crash?

>> No.17674048
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17674048

>>17673957
Nah it's just starting. Didn't you hear about the price of oil plunging 30% yesterday?

>> No.17674460

TOO Late you dumb cunt
should have bought it 12 months ago

>> No.17674663

>>17674460
Gold is going nowhere but up for now. It's just that it going to be a safe investment, not a hyper profitable one.

>> No.17674882

>>17673051
fuck that buy bullets