/biz/ - Business & Finance

Precious metals are antisemitic and you cannot convince me otherwise.

AAAAAAAAAAAAAAA
FUUUUUUUCK MY LIIIIIIIIIIFEEEEEEEEEEEEEEEEEEEEWEE

Gold is so underpriced as an uncorrelated deinflationary asset.

How does it feel to hold all those ((((federal reserve notes)))))

losers

on sunday i polish my gold

and guess what idiots? my 1 ounce bar of gold is still one ounce of gold forever. some banker cant decided that my 1 oz bar of gold isnt 1 oz of gold on a whim unlike your (((((notes)))))

How/where do you store you coins and bars?

The same people who think crypto is the future are the same people who said to invest in gold and not Amazon.

What do I need to know before I buy?
Where do I buy?

Welp I am done with Stocks and my Crypto bags are full and in full depression. I am just buying Gold now.

Check out the 1 day and 3 day charts for gold.
Bullish divergence exists in both time frames.

If the next economic crisis includes a banking system/ fiat money collapse, then crypto most probably will rally to the moon very quickly.

But what happens if the next economic crisis isn't a banking system one yet? It could very well not be. If crypto is "digital gold" then there is no reason for it to do anything at all. People somehow think that gold value increases a lot compared to USD during economic downturns, but it's easy to check that this is not the case.

Next economic crisis is inevitably going to happen soon btw. Venezuela, Argentina and Turkey are leading the way right now. Financial contagion will spread to other weak countries and bring out their vulnerabilities. China + global real estate bust would be my guess where it ends, but who knows.