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/biz/ - Business & Finance


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20582353 No.20582353 [Reply] [Original]

against gold, against euro

>> No.20582374

>>20582353
brrrrrrrrrrrrrrrrrrrrrrrrr

>> No.20582395

>>20582353

good question, it should be happening much faster

>> No.20582407

>>20582374
every central bank brrrrrrrrrs

>> No.20582434

>>20582353

People are anticipating a banking crisis, a bond crash, and a complete trashing of the dollar. Explained here.

https://www.youtube.com/watch?v=XliHE6QgljY

https://www.youtube.com/watch?v=l9xeSOdr9Uc

Dollar may to go zero before the end of the year.

>> No.20582444
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20582444

>Could have closed shorts at 1.09
>loaded up speculating on parity or less
WHY DO I DO THIS WHY
Come on Burgers, you can beat gayros, we printed some Billions for unproductive niggers

>> No.20582464

>>20582434
how do i profit as europoor?

>> No.20582475

Currently pricing in future stimulus money and probably an extension of the $600 neetbux for mcwagies.

I've been exiting the dollar and us markets and getting back into crypto for a couple months now. The government already co-opt Bitcoin so it's not moving but you can see the bubble reflected in DeFi assets off their radar.

>> No.20582476

>>20582353
Dollar is crashing so hard. Really bullish for me.

>> No.20582487

usdebtclock.org

>> No.20582506

>>20582464
Usually I would say, short, but I just finally got liquidated going short, so dont take my word

>> No.20582515

Lol

>> No.20582552

>>20582464
buy crypto and precious metals

>> No.20582554

>>20582353 (OP)
/thread

>> No.20582626
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20582626

>>20582506
i feel u

>> No.20582659

>>20582434
>all these boomers actually thinking precious metals are valuable
when will this meme end?

>> No.20582747
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20582747

I have 90% of my investments in American stocks and ETF's. Fuck this shit, they're going up but the devaluation has been making me poorer! Fuck this shit!

>> No.20582796

>>20582353
Because Trump is a chink plant that is setting china up to become the new first world leader. He is crashing the us economy with no survivors.

>> No.20582820
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20582820

>>20582626
thanks fren at least the linkies stay stinky. But hell, against the Burgers will to get to produce and sell shit cheaper than China, not even the insane demand for dollar, a great consumer market even during a good damn lock down and the literal collapse of the EU can do something. If the Burger wants to make there currency shitting paper they will succeed.

Time to watch and probably adapt strategy

>> No.20582824

>>20582552
thats the thing, my gold doesnt go up as it does in dollars

>> No.20582855

>>20582464
By literally not doing anything more than earning more euro. Then just buy everything cheap in the us once they crashed the economy there.

>> No.20582874

>>20582824
if you think currencies are getting devalued then you buy commodities, its literally that simple, and right now gold and silver is historically low and crypto is the future of finance.

>> No.20582885

>>20582824
Then sell it for euro

>> No.20582965

>>20582874
Gold is reaching its historic peak, idiot.

>> No.20583019
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20583019

>>20582353
> Prints trillions of new dollars
> Dollars Crash

>> No.20583076

>>20582965

uh, not even close.

https://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart

we could very easily go down to a 5:1 ratio, maybe even 3:1

>> No.20583134

>>20583076
>Dow to Gold ratio
You're grasping at straws, you're changing the definition to suit your argument, while ignoring the fact that what the index represents isn't the same, historically, due to the context.

>> No.20583443

>>20583134

if anything, it's even more undervalued compared to the dollar. i'm invoking a broad and highly liquid market in order to provide a more useful investment comparison.

>> No.20583569

>>20582353

And Silver

>> No.20583595

>>20582353
>>20582407
Because you lazy ass receive money in your mailbox now instead of working...

>> No.20583724

>>20582659
when you finally capitulate because an ounce of gold is worth all your combined assets

>> No.20583764

>>20582464
>euro engineer earn 30k
>burger engineer earn 70k
>house in us in good area 150k+
sorry europoor even if the dollar crash, you won't be able to buy shit, the pay gap is just too big, on the other any middle class burger can retire easily in europe

>> No.20583789

>>20582965
>what is inflation
my gentle tard, gold is nowhere near its peak. But it's about to bust through it's ATH. don't be mad because you weren't smart enough to get in

>> No.20583794

>>20582353
euro is more evolved, you USA faggots where our down syndrome offspring.

>> No.20583877

>>20583019
>get a check in the mail while adding nothing of value
sorry american, but your politician only care about election because if the dollar crash 90% they will still be rich, you jus enjoy you trumbuck

>> No.20583898

>>20583764
I earn about 50k as an engineer in Europe. I guess I'm doing something right? Age 30

>> No.20583976

>>20583764
>euro engineer earn 30k
As a beginner engineer in France I was at 40k so about ~50k. After 5years of experience I was earning much more than 70k USD.

>> No.20584047

>>20583764
>house in us in good area 150k+
You can find houses that cheap in France unless it's in the middle of the forest or in literal ruins.

>> No.20584292

>>20582464

See >>20570808 and >>20570589

>> No.20584423
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20584423

>>20582353
What I'm confused about is why both parties were so goddamn happy to print 3 trillion dollars

>> No.20584522

Incredible squeeze on the silver market with September deliveries! 145,451 contracts are up for delivery, each represent 5000ozt, jpmorgan has been stockpiling for a decade and their estimated holdings are only 160m ozt of silver. Will the COMEX need to settle-for-cash when these 726,570,000 ozt are called? We will see in September


>>20584423

They’re not happy to print, but it’s all they can do. The people in power now have had families in power for centuries, they’re holding on with all they can, fighting like a cornered dog. They don’t want to print the money but it’s all they can do

>> No.20584527

>>20584423
Cause they hold all the assets that money will inevitably flow to