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58377356 No.58377356 [Reply] [Original]

make it make sense.

>> No.58377372

boomers dumping btc etf to ape gold

>> No.58377433

Btc is unpredictable and gold has been due for this. Not selling my btc and not buying gold.

>> No.58377536

China is going to remonetize gold in a bid to dethrone the dollar. They are gobbling it up as fast as they can as they dump dollars. That's why they opened the Shanghai Metals Exchange that is now leading the LME around by the nose. This is just the beginning. It is going to accelerate as holders of dollars and treasuries run for the door. There will be a new world currency and it isn't going to be bitcoin.

>> No.58377570

>>58377356
>Gold: Real, has thousands of years proven record as a store of value
>BTC: Made up incel internet money
Simple as.

>> No.58377602

>>58377570
/thread

>> No.58377603

>>58377356
Gold is lagging indicator (oftentimes by multiple years) for inflation and bitcoin is still nothing more than a giant speculative asset no matter what people wish it to be. It makes perfect sense.

>> No.58378122

>>58377536
> and it isn't going to be bitcoin
C'mon don't be like that we have been planning this for more than a decade and half

>> No.58378327
File: 174 KB, 1536x1437, 36F3AF65-BBA7-49C7-A972-BA800F492725.jpg [View same] [iqdb] [saucenao] [google]
58378327

>>58378122
wow over 15 years? that’s impressive

>> No.58378774

>>58377536
I'm invested in silver, which is also pumping, but if what you say is true, I'll buy a bunch of gold as well. Can you plz provide a source for this?

>> No.58379360

>>58377356
Real gold vs fools gold

>> No.58381099

>>58377356
>make it make sense.
it already does, Bitcoin is useless nothings, Gold is the real deal and what everyone should seek to have.

>> No.58381337

>>58377536
Chinese propaganda bruv

>> No.58381535

>>58381337
China is actually buying gold and actually set up a metals exchange in Shanghai. Those are objective facts, not propaganda. How much gold China has is not known reliably. But it is a very great deal more than they had just a few years ago. That is not an accident. As to whether or not they are going to try and remonetize gold, MY opinion is yes. China has not, to my knowledge, said whether it will or not. So . . . not sure what you mean.

>> No.58382673

>>58377356
Schiff was right.

>> No.58383641
File: 7 KB, 225x225, etherorb.jpg [View same] [iqdb] [saucenao] [google]
58383641

>>58377356
>gold pumping, btc dumping.
ORB mooning

>> No.58383743

>>58377602
>>58377570
Gold is inflationary and not digital, can't be money, its value is industrial
Too many delusional gold bugs in here

>> No.58383770

>>58377536
You're right, it will be digital gold, a tokenized real world asset.

>> No.58383808

>>58378774
Silver has more upside than gold and hasn't even started to move yet.

>> No.58383818

>>58381337
Ignorant. Thanks for sharing your opinion.

>>58383743
Look up the definition of money and then come back. Gold is money. It is fungible, divisible etc etc. You are a retard.

>> No.58383886

>>58383818
There can only be one money in the end, only the asset with the best properties to be money.

How long to pay someone on eBay with gold? Right. Gold failed. It also failed to remain the global reserve currency, and allowed our debt system to grow like cancer.

Failure. And inflationary. Only people above 50 can escape being called imbeciles, because it's hard to change life long habits suddenly.

>> No.58383909

>>58383886

Wow that was a lot of letters just to spell out BTC COPE.

>> No.58383951

>>58383909
No magic will make gold digital to be money, non inflationary, that's funny to see gold bugs in denial because of those simple facts

>> No.58384286
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58384286

>>58378774
It's happening.

>> No.58384378

>>58383743
>its value is industrial
lmao

>> No.58385440
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58385440

>>58377356
we are entering a crisis technically, both will end up going down too much in a couple of days
why do you think I'm in such a hurry with my jizzlord? yesterday was a red flag, by the end of the month it will be crimson.

>> No.58385956
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58385956

>>58383886
>gold is responsible for all of these problems
>not any of the policymakers that took nations off of precious metals and turned to fiat
>the problem was not creating more fiat out of thin air
>not fractional reserve banking
>not leveraging the money supply
>it's golds fault

>> No.58387281

>>58385440
i love retards like you who constantly think a "recession" is looming. god the fucking msm probably just publishes that shit every year to trick you into permaholding fiat its fucking embarassing, but keep doing labor and pumping my bags i guess
>>58384378
if its value is not industrial that btc blows it out of the fucking water
>>58385956
silver is too easy to mine and inflationary to ever be valuable unfortunately

>> No.58387394

>>58377356
>It's 1938 and Germany just annexed Austria
perparations anon, preparations