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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21606641 No.21606641 [Reply] [Original]

>historically anti-Goldite, Warren Buffet, dumps Khazar banksters for gypsum approved, non-chink gold
https://www.marketwatch.com/story/warren-buffett-undergoes-a-conversion-on-gold-should-you-follow-him-2020-08-17

My cash is beginning to get VERY itchy in my pockets, and I want to shore up its worthlessness in the case of a catastrophic system collapse... Should I follow the Jew and go for gold?

>I'm not after making money from metals -- I have REE for that
>if a kike makes for the hills, the bubonic plague is surely int toe
>case in point: Lowy / Westfield:
- sold out in mid-2019 ($30B)
- Princess Corona (pbuh) strikes early 2020
- shopping chain stocks plummet
- turns out that there were "signs" of the virus as far back as July 2019
- [insert Silverstein-Lowy / July 2001 meme]
>money printers are going BRRRRRRRRRR.... and grease does not last forever
>dotard's shooting for a seventh W.B.C. (World Bankruptcy Champion) title
>mutt dollar is as tenuous as it's ever been:
- debt up the wazoo
- deficit gaped wider than like a BLACKED THOT on a coke fuelled buggery bender
- every kike infiltrate Vichy state is doing its darnedest to undermine mutt reserve currency status
>war with the chinks imminent and all but inevitable...

What say you, /bizcel/ -- should we turn and run with the hordes of Radhanite rodentia?... Or, is it all just more 8-trades-per-second, Ponzi casino market manipulation?

>> No.21606695

buffet shilling gold is bullish for fiat
$1000/gold troy ounce eoy

>> No.21606793

>>21606641
>>21606641
whats a dotard

>> No.21606807
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21606807

New monetary standard is coming. The Europeans have been distributing gold evenly among their national banks since the 1970s in a play to get out from under the USD. Real yields on Tbonds are now negative, and will never be allowed to rise by a Fed that is openly discussing YCC on its website (and doing YCC in practice buy doing QE infinity and just buying up all the bonds it can to suppress the yield that way). We're going to print the dollar to shit, pay down all the debts we have in garbage money, and start over with a currency that people will only trust because its backed on something real.

>> No.21607000
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21607000

>>21606695
If not goy gold, then what?

I missed the boat a bit (depending on what on believe the ceiling will) with more REE (up 150% since April)... And, although I could buy more, there is always the risk of the chinks flooding the market in order to undermine Western REE (in a war scenario, for example).

I just don't see how there will NOT be a crash:
>no one's working
>no one's trading
>we're fast leaving the hiatus honeymoon period
>debts are tumescing and beginning to throb
>the goyim are restless, restive and have been long irascible
>gov'ts comprised of pathologically greedy banksters and mendacity trained lawyers, have led us to the precipice of the Tophet in order to buy more time for them to bunker their wealth
>plebes are literally living off of communist handouts...

There is a very definite, finite point before which a critical mass is exceeded; whereinafter the collapse will happen too quickly to react to -- what I want to avoid...
>I bought up long life staples in late February, and have not regretted my "prepping" since

>> No.21607131
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21607131

>>21606793
https://www.bbc.com/news/world-asia-50682235

>> No.21607430
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21607430

>>21606807
>India
They haven't enough gold even to sate their obsession with JEWellery... And they won't be digging up Padmanabhaswamy any time soon. /debunking

>China
Most of their """gold""" comprised tungsten, copper and just their typical, Golden Harvest production, Vaudevillian lies. /debunking

>Russia
People really need to stop meme'ing this slave state to mutt parity -- it's a fucking dystopia 10km outside St Petersberg / Masscow, and most of its "wealth" is in the hands of its 0.00000001% KGB (Khazar Gangster Benjamin$) oligarchy, who have long divest from that teetering failed state. /debunking