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/biz/ - Business & Finance

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54205451 No.54205451 [Reply] [Original]

>the gold schizos were right

>> No.54205457

>>54205451
Only if the cup and habdle plays out. Otherwise it's just shiny rocks that haven't had a bullrun in decades

>> No.54205476
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54205476

Apologise /biz/

>> No.54205548

>>54205457
"zoom out" lmao

>> No.54205581

>>54205451
and the bitcoin schizos were even more right

>> No.54205633

>>54205581
how much is bitcoin down year over year?

>> No.54206054

And we will continue to be.

>> No.54206158

>But Warren Buffett does not hold gold
>But it has no real industrial utility
>But in a Mad Max world you're better off accumulating other stuff
>But you depend on the whims of Indian and Chinese middle class retail purchasers
Apologise.

>> No.54206177
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54206177

>>54205633
gold is a primitive rock that never appreciates

bitcoin is the future

cope & seethe goldbug

>> No.54206264

>>54206177
>bitcoin is the future
>trust me, I bought bitcoin
you’ve never produced anything of value in your entire life. bitcoin dies with fiat.

>> No.54206333
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54206333

>>54206264

>> No.54206732

>>54205633
BTC is more volatile because it's much easier to exchange than gold.

Also never ever buy paper gold.

>> No.54206770

>>54206732
Gold futures drive the price. Not boomers swapping their gold at a market. Gold futures are volatile.

>> No.54206831

>>54206732
BTC is more volatile because it's illiquid and controlled by a small group of whales, aka it's a scam.