/biz/ - Business & Finance

ehh i've got like 35oz stacked (all before covid so i'd be up max AUD$20k at the moment) and i'm not really excited or anything with the mooning. gold is already undervalued, and combined with the ridiculous money printing all around the world, for me this is all par the course.
it's important to contextualize the rise of gold with your own cuntries economic situation. i'm in australia and until house prices peak, i will not tell anyone to worry. part of the reason it's mooning hard is third world shitholes like china slurping it up as a hedge against their failing economies, and while they might buy less wine and red meat, they're always gonna need raw materials so s won't htf anytime soon here.

>>55175468
Finally, a political platform I can really get behind.