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/biz/ - Business & Finance

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8506038 No.8506038 [Reply] [Original]

-US and China started trade war
-Market crash
-Global economy collapse

It's time to sell everything and buy gold, Bitcoin is dead now.

>> No.8506073

>>8506038
You know why bitcoin exists, right ?

>> No.8506128

stocks money exodus into crypto would be swell

>> No.8506150

Good thing my BBC futures are solid as ever

>> No.8506287
File: 183 KB, 484x557, 1493501647689.png [View same] [iqdb] [saucenao] [google]
8506287

This is what we need for BTC to reach such an ATH that will exceed any kind of rational expectation

>> No.8506322

> OP doesn't understand economic collapse would be the best thing ever for bitcoin.

Fcking tard.

>> No.8506373
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8506373

>>8506038
If there is any possible way in a world that has to depend on precious metals it would be Food, water and guns.

In any real economic collapse scenario gold was practically useless.

>> No.8506480

>>8506038
https://www.youtube.com/watch?v=lit_oAA-PXs

>> No.8506541

>>8506038
>trade war
Nigga, pls. America put tariffs on steel and aluminum and then gave everyone an exemption. Then they announced today that they might one day in the future put tariffs, but probably not soon. China responds by saying they might tax pork imports 25%, but wait, this gets good. Chinese businessmen bought the largest American pork producer back in 2013 and their largest overseas customer is China. So it would cost that Chinese company more to export their pork to China and then cost the Chinese people more to buy that pork. They're going to double fuck Chinese people. This is the stupidest "trade war" ever.

>> No.8506569
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8506569

>>8506541
Pork is haram and definitely not kosher
China confirmed holocaust denier

>> No.8506591

>>8506541
Dude, Trump and Biden got into a twitter fight over who could beat who up. They're both like 70 years old. Truly this is the best of all conceivable timelines.

>> No.8506845

>>8506322
total economic collapse would mean only guns,water and food mattered. BTC, gold, stocks, all would die

>> No.8506963

>the price of gold is related to interest rates, not recession
>steel and aluminum don't even matter because they're a small percentage of the total goods
Stocks will rebound just like the 10% correction.

>> No.8506989
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8506989

>>8506073
Don't tell them

>> No.8507306

>>8506591
Trump is 71 and Biden is 75. If they fought Trump would almost immediately have a heart attack from all that McDonalds and KFC he eats and would then collapse on top of Biden. Joe would break multiple bones hitting the ground with Trump's weight upon him and then suffocate to death under Donald's much larger body.

>> No.8507327

>>8506963
Are you a fucking retard? Gold and interest rates have nothing to do with one another.

>> No.8507366
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8507366

>> No.8507397

>>8507366
First crypto that comes with gold stop watching fake news. Rt.com

>> No.8507405

>>8507327
lmao at you /biz "smartmoneynigger"
you know nothing kid
go and play with your pokemontoken

>> No.8507407
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8507407

>>8506287
>>8506569
>>8506989
We're currently in the era of the nigger, or 'peak nog' - if the nogs aren't getting higher welfare payments by q3 then the Keynesian model of growth will be under threat.

Unless China gets blacked asap they won't have enough additional welfare funds circulating to fund their growth. Send in the darkies!

>> No.8508480
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8508480

>>8506038
Smart goy

>> No.8508500

>>8506591
Honestly couldnt believe that this morning.
Too bad I dont watch liberal media. They must be like
>IMPEACH HIM HE'S VIOLENT REEE

>> No.8508505

>>8506373
yes its useless immediately after the crash but after the economic systems start to pick up again gold will be much more valuable

>> No.8508521

>>8507407
Keynesian's sure didnt account for nig nogs did they