/biz/ - Business & Finance

>>13300267
My view on shiny rocks is complicated, here's something
You can see clearly gold had bull markets that correlate with events in economy. My #1 reason to hold gold is monetary policies of modern times. Every time easing or other forms of money printing are engaged gold responds, you should also look up gold price vs FED balance on official stats site it's quite interesting correlation there too. As for exit there are 2 options. First is we go into some sort of cashless society because we'll print ourselves to death in terms of modern monetary system, my argument for this is Basel 3, mountain Jews (Swiss (((bankers))) ) made gold 0 risk asset since April 1st 2019 for banks around the world , why would you give gold same status as currencies in good times?? Second option is far less doomish, picrel is oil and index measured in gold, we should not care about value in USD since every currency in world steadily loses purchasing power so if you measure SP in gold instead of dollars you can come up with exit out of gold into productive asset, USD price is irrelevant here, chart clearly says that compared to index gold is cheap and I like to buy undervalued stuff.