Can someone explain to me

[Anonymous No.17958365]

Why boomers aren’t buying gold en masse rn? Why isn’t it at 5k already?

[Anonymous No.17958391]

>>17958365
Because boomers are getting decimated and JUST'd

[Anonymous No.17958404]

>>17958391
Yeah but:

Yields negative
Demand and supply are 0 globally
CBS printing trillions

Why the fuck is anyone holding bonds or stocks right now over gold?

[Anonymous No.17958406]

>>17958391
You cant buy gold now. Out of stock

[Anonymous No.17958411]

Buy if you can.

[Anonymous No.17958429]

>>17958406
>>17958411
If this is the case why is it dumping?

[Anonymous No.17958445]

>>17958365
>>17958404
you fucking moron. I can tell you are 23 or under because you can't remember 2008 or previous crashes.

When there is a crash people are desperate and the need LIQUIDITY, you fuckhead. Nobody except schitzos want to keep bits of metal when they need to pay for rent, food, etc. When they are desperate people need to have reassurance that they are going to survive, shiny metal doesn't solve that.

And rich people that have money to buy this shit are not going to hedge against the dollar. In the medium/long term it might go up though depending on how much brrrrrrrrr goes on

[Anonymous No.17958459]

>>17958445
We are in an unprecedented time of money printing. This time is unironically different: fiat currencies themselves are in jeopardy .

[Anonymous No.17958473]

>>17958365
because gubments are watching and waiting to confiscate it to pay the heavily overburdened state worker and public pension systems

>https://cryptoiq.co/germany-limiting-the-ability-to-anonymously-purchase-gold-in-an-attempt-to-force-people-to-hold-euros/

[Anonymous No.17958500]

>>17958429
Paper gold is driving official price down. You can't buy any gold at that price.
Blue is official gold price during crysis.
Yellow is street price.

[Anonymous No.17958516]

>>17958500
So the paper price will eventually catch up?

[Anonymous No.17958541]

>>17958365
Because a lifelong of experiencies made them quite wise regarding investements. They know that it's the time to make some good benefits by investing in stock market, then investing it in real estate because the prices don't follow the inflation.
Why buying some metal that is being currently producted en masse when you can buy a third house in Aspen?

[Anonymous No.17958551]

>>17958459
>fiat currencies themselves are in jeopardy .
>he thinks the most powerful governments in the world would ever allow their currencies to “fail”
Kek why are /biz/tards so naive when it comes to the markets

[Anonymous No.17958555]

>>17958516
Yes, see 2008

[Anonymous No.17958575]

>>17958459
Just be patient, it’s coming

[Anonymous No.17959300]

>>17958404
you. can't. buy. physical gold. anywhere outside countries with large mints.

[Anonymous No.17959328]

>>17958404
couriers stopped transporting gold everywhere.

>>17958429
the demand that exists cannot meet the supply. where there's supply there's not enough demand. perks of being so fucking hard to transfer.

[Anonymous No.17959391]

>>17959328
>couriers stopped
Fuck off retard, delivery drivers are taking in double wages off the back of Wuhan wheeze. Not a single package of anything is delayed, the stress on food distribution is caused by full fucking retards buying hundreds of 1 item when normally store don't stock that much

[Anonymous No.17959477]

Boomers have mortgages to pay, they don't have money to buy gold.
This generation gets a loan to buy a house when they retire.

[Anonymous No.17959550]

>>17959477
True. Boomers are in debt because they spent all their kids' inheritance and still wanted more.

[Anonymous No.17959580]

Is it time to finally buy AUS or AGS

[Anonymous No.17959593]

>>17958406
>You cant buy gold now. Out of stock
Then the value increases, which hasn't.

[Anonymous No.17959605]

>>17959550
Same in public sector.

> largest working demographic ever
> most tax revenue ever possible
> spend everything plus more and just go into debt

There has been an obvious demographic problem coming for decades and they actually did not give a shit. Now we get to pay their bills.

[Anonymous No.17959606]

>>17958365
Boomers are going to be dying soon so they won't hold gold as there's no point to store any value, as they just need money to spend to live the rest of their years as well as they can until they die.

[Anonymous No.17959638]

>>17958445
Shiny metal that is actually valuable versus digits on a screen that are inherently worthless

[Anonymous No.17959643]

>>17959605
I laugh at my mom sometimes when I talk to her. Was telling her now is a good time to buy PMs, but she said "I don't have any money!" while she talks of buying my teenage sister a new luxury car, while owing on the last sports car she got.

[Anonymous No.17959646]

If only there was an asset with fungability, liquidity, and could be transferred peer to peer electronically...

[Anonymous No.17959666]

>>17958541
Because everything is in an overpriced bubble except gold and silver.

[Anonymous No.17959699]

>>17959550
>they spent all their kids' inheritance
>the absolute entitlement dripping from this post
No they spent their money, whatever is left when they die that they decide to leave to their kids is their kids’ inheritance.
>zoomer takes default view that people’s earned money belongs to others who didn’t work for it
Colour me surprised

[Anonymous No.17959714]

>>17958365
>Everyone was Kung flu fighting.mp3
>Boomers are the most affected
>They need services
>Sell sell sell
>Fug
>Everything colapses because everything is hyperinflated

Shiny rocks are not the first thing they will want,jew

[Anonymous No.17959718]

>>17959646
> If only there was an asset with fungability, liquidity, and could be transferred peer to peer electronically...
That is backed by gold
Otherwise it’s just worthless shit electronic fiat

[Anonymous No.17959730]

>>17959699
>Take massive amount of all kinds of debt that the future generations will have to pay
Yeah, I think you're full of shit.

[Anonymous No.17959732]

>>17959699
>what is generational wealth
Boomer detected

[Anonymous No.17959779]

>>17959699
Hey if they want to leave this world with $0 to their name I have no problem with that.

They're gearing up to leave us with their debt though. Look at national/state/provincial/regional/county debt, they spent the money and took it easy, we will have to pay for this shit.

[Anonymous No.17959793]

>>17959699
>left when they die
Debt. Debt that isn't mine. But boomers want me to pay for it.

[Anonymous No.17959831]

>>17959718
>That is backed by gold

Why? It serves absolutely no purpose.

[Anonymous No.17959859]

>>17958445
I already have liquidity and everything else covered. I just want a few sovereigns and some silver to pay the chimney sweep but nobody wants to sell me any.

[Anonymous No.17959872]

>>17958365
people need cash to buy supplies for the coming dusaster. shit hasn't even begun yet. i hope you are prepared for 1-2 years.

[Anonymous No.17960420]

>>17959593
That's because the low stock levels are artificial right now as gold vendors hoard it, they're trying to pump the price by creating the image of scarcity, and they are failing hard.

[Anonymous No.17960545]

>>17960420
Shortage is in bullion, the mints/refineries can't keep up with the sudden increase in demand for bars/coins.

Whether actual silver/gold will run into a shortage remains to be seen.

[Anonymous No.17960557]

>>17959872
ok bro..

[Anonymous No.17960597]

>>17958551
>he l thinks the most powerful governments in the world would ever allow their currencies to “fail"
Learn history retard every single empire failed and their currency went first.

[Anonymous No.17960646]

>>17960597
You were saying? http://pricedingold.com/us-dollar/

[Anonymous No.17961204]

>>17958365
i saw this but gold could still crash right ?
if everyone migrates to gold the [price is going to rise but when the money crashes and then settles whats that going to mean for the gold market could you still make a loss ?

is buying brass, copper, steel stock a better bet ?

i was going to buy some oz of gold but between it being sold out and the market is still on the rise from a while ago is it even safe ?

[Anonymous No.17961254]

>>17958365
They will, and it will go there.
The price will raise either cause the demand, or for the dollar inflation.
Can't escape it at this point.
What was needed was massive spending cut combined with deregulations.
Unless we in the whole west goes full commie, not fascist, mind you, commies, and the government impose the price on shit.
It will just create a black market tho, and the internentional comunity will go mad, and trade will go insane.

[Anonymous No.17961264]

>>17959831
Cryptos are purely speculative. gold at least has practical uses

[Anonymous No.17961672]

Boomer money is in stocks
Boomer bought the first dip because they think they are smart traders just because they made money in a decade long bullrun
Now they are all out of money and the only thing they can do is hold their bags and hoping that in another 2-3 years they everything will be okay again
By the time you would profit from gold your country or the world is shattered anyway
You would need a real happening to take place

[Anonymous No.17961821]

>>17961204
>money crashes and then settles whats that going to mean for the gold market?

Look. Gold is stable. The price depends on the perceived strength of the fiat that approaches it.

[Anonymous No.17961899]

>>17958365
Boomer need cash now not another 10 year for gold to break 2000 resistance.

[Anonymous No.17961976]

>>17958365
Boomers are selling gold to compensate for their stock losses and cash.

[Anonymous No.17961992]

>>17961264
Very little practical use, and ideal money should have no utility besides for storage and transfer of value

[Anonymous No.17962046]

If demand is outpacing supply then the price mechanism is being fucked with and the real price should be higher.

[Anonymous No.17962070]

>>17961821
nah golds on the up right and the demand is going up from people and not business when the money crashes its going to be a bugger to sell I wouldn't take the risk now is a good time to sell and buy copper.

how do I buy copper anyhow ?

[Anonymous No.17962176]

>>17961821
>>17962070
saying this silver is a pretty good price compared to 2008

[Anonymous No.17962353]

>>17958445
Some people want reassurance that they'll have some amount of wealth when the dollar dies

[Anonymous No.17962413]

>>17961992
>actually intrinsic value is a bad thing!

Bitcoiners are on some next level shit