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14906261 No.14906261 [Reply] [Original]

Thoughts on the recent gold pump? Smart to short?

>> No.14906278

>>14906261
As more things begin to unravel, the price will continue to rise and at an accelerated rate.

>> No.14906299

>>14906278
Maybe. I just feel the whole was manufactured by a boomer hedge fund manager (Dalio) who happens to have a considerable following.

>> No.14906300

>>14906261
>price of gold goes from $1400 to $1427
>gets called a 'pump' or a 'bull run'

give it up dude. gold will never be anything other than a bet against inflationary fiat. the value will not even change necessarily. an ounce of gold will pay a month's worth of your rent now and it will do the same in 2050. thats all it is

>> No.14906353

>>14906261
>short
Brainlet detected

>> No.14906376

>>14906353
>He doesn't know how to short precious metals

>> No.14906395

>>14906299
dalio has nothing to do with it, he just recently said gold would pump during the next decade.

everybody knows there is a recession coming and gold usually does well then. that's it, people sell stocks for gold

>> No.14906455

its never ever smart to short anything. theres no reason to ever take a bet where losses can exceed 100% of investment.

find something to be optimistic about and go long. if you cant be optimistic about anything then you should work on yourself first

>> No.14906475

>>14906300
>gold will never be anything other than a bet against inflationary fiat
why dont you ask the majority of humanity what they consider wealth round eye?

>> No.14906549
File: 57 KB, 645x729, brainlet3.jpg [View same] [iqdb] [saucenao] [google]
14906549

>>14906376
>shorting PM on an inverted yield curve
>shorting PM right before Deutsche defaulting
>shorting PM on 2.4% inflation rate

Good luck getting liquidates, little brainlet

>> No.14906558

>>14906300
It's going to 1700.

>> No.14906574

>>14906455
It's like saying it's never smart to sell anything. Everybody wants to cash out at some point.

>> No.14906584

>>14906558
When do you think?

>> No.14906728
File: 79 KB, 679x453, 1561242574892.png [View same] [iqdb] [saucenao] [google]
14906728

Humanity is standing at a financial crossroad. Money influences absolutely everything. From the day you were born to the day you die you will be beholden to whatever paradigm exists.
However everything today is intertwined with one another. Instead of sovereign countries producing their own currency backed by gold and silver, they have moved away from PMs to unlimited deficit spending.
GOVERNMENTS HATE PRECIOUS METALS BECAUSE IT DEMANDS RESTRICTIONS INSTEAD OF RUN AWAY SPENDING.
Every other fiat is pegged to the USD. The USD is the gold of today's paradigm, but once the USD that is backed by nothing other than blind trust fails, that is when other countries start dumping the dollar back to the US.
Think about it frens. How many drug dealers hold USD? How many foreign regimes hold USD? How much US debt is owned by China and Japan.
Once the levee breaks hyperinflation is going to happen overnight.
The pigeons are coming home to roost.

>> No.14906788
File: 20 KB, 393x279, SS-Pigeon.jpg [View same] [iqdb] [saucenao] [google]
14906788

>>14906728
>The pigeons are coming home to roost.
FLY MY PRETTIES!

>> No.14907010

>>14906728
Interesting hypothesis. Even if that happens in our lifetimes you're *still* making a huge assumption that all the wealth will transfer to precious metals

>> No.14907035

>>14906300
2bf
>>14906278
He has a point

>> No.14907062

>>14906584
It's getting more buyers now but soon is a possibility. We'll see for sure after the FED shit.

>> No.14907069

>>14906455
Calling the short in crypto is twice as hard

>> No.14907074

>>14906728
>blind trust
>not overwhelming military power and the will to use it

>> No.14907115

>>14907074
Our overwhelming military power is only as strong as the people are willing to allow it to be

>> No.14907185
File: 222 KB, 1189x454, usa_vs_russia.jpg [View same] [iqdb] [saucenao] [google]
14907185

Russia and China started accumulating gold many years ago, while slowly getting rid of US dollars. You know, in time of crisis gold is worth way more than enemy country notes.

They don't care gold being $500 or $1500 or $7500: they just know USD is basically doomed.

Also, friendly reminder: most 'gold' out there is actually a paper certificate telling you that you 'own' some gold. That is, (((they))) already sold gold who will be mined in 4-5 years from now.

>>14907115
>overwhelming military power

pic related

>> No.14907230
File: 384 KB, 1463x615, 5f1e9e8aa44aa5b8a7dc263857b417b6.jpg [View same] [iqdb] [saucenao] [google]
14907230

>>14907010
Crypto is too advanced for the African mud hutters.
You think some war lord who trades oil is going to want meme coins?
Crypto can and will be regulated if it fucks with the power dynamics.
Governments hate PMs because it is the ultimate form of money that cannot be controlled unless you hold it.
Sure, people can call your bluff but you just pay them in gold or silver to crush opposition.
I'm surprised Goyim Soldiers accept paper fiat as payment to blow a hole through some goat herder's head for funzies in the middle of Iraq.

>> No.14907248

>>14906261
Like gold over the next 3-4 year period. I think the Fed will not cut strong enough at the next FOMC meeting which will lead to a strong dollar and take gold back down to just below the 1400 zone and create a buying opportunity. If the Fed cuts half a point or more though, I am going all in on gold right then and there.

>> No.14907407

>>14907115
Pretty sure it's based on structure and funding. Thinking it's close to collapse means you have to extend it to the whole world's militaries. What has a better foundation?

>> No.14907416

>>14907248
They will cut because the market will drop and the fed gets heat for being late to the game.

>> No.14907507

>>14906261
> Talk of cancelling all student loan debt
> Talk of universal basic income
> Talk of lowering interest rates
> Chance of DB failing
> Negative interest rates on the horizon
> Pension funds underfunded, Talk of bailouts
> Talk of Universal Healthcare
Irregardless of how you feel about all these things they’re gonna take lots of money. The only way that’s gonna happen is if they print more.
> he wants to short gold
Stay poor anon

>> No.14907529

>>14906574
Not parent poster but it's definitely not comparable. By shorting on leverage you expose yourself to the risk of losing your entire trading balance.

>> No.14907588

>>14907507
>irregardless
Double negative?

>> No.14907758

>>14906728
I'ts already happening. China and Russia are dumping US bonds and stocking on gold.

>> No.14908625

>>14906558
and then what? it stays at 1700 until it catches up with inflation?

>> No.14908928

Buy gold producer stocks.
If it comes to a crash you'll make gold.
If they drag it out with socialism you will make gold.
If for some reason nothing will happen and all the bad debt and fiat turn out to be no problem at all you will lose most likely nothing.
Buying pm company stocks is the ultimate and final goldpill you can take.

>> No.14909514

>>14907588
Don't misunderestimate him.

>> No.14909671

>>14906261
gold has one more kick before it kicks the bucket
bitcoin is here to replace it it goes to base industrial metal status

>> No.14910074

>>14906549
he's larping

>> No.14910120

>>14906728
>GOVERNMENTS HATE PRECIOUS METALS BECAUSE IT DEMANDS RESTRICTIONS INSTEAD OF RUN AWAY SPENDING.
this is the same origin of the (((SCALEABILITY))) FUD for crypto

>"OMG you can't like shop instantaneously??? bitcoin bad! I need to shop for 50000 things and it needs to be insant! centralized? I don't care about owning my money, I want to SHOP SHOP SHOP"

buy bitcoin
buy gold
buy silver
fuck consumerism
buy ammo

>> No.14910195
File: 18 KB, 637x631, 1562868754550.png [View same] [iqdb] [saucenao] [google]
14910195

>>14909671
>bitcoin is here to replace it it goes to base industrial metal status

>> No.14910219

Bitcoin is king of the cryptos.

>> No.14910227

>>14906261
gold is such a boomer investment, cant believe biz unironically shills it and gold is expensive right now

>> No.14910271

>>14906299
Dalio is a genius in this generation. Read his book principles but again doubt you can read that many pages..... Just keep losing money on your investments

>> No.14910857

>>14910195
it's the future of gold it's over silver is already done for gold got one more rally

>> No.14910959
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14910959

>>14910857
>it's the future of gold it's over silver is already done for gold got one more rally

>> No.14911203

>>14910959
you have to face it golds fundamentals are utterly fucked for the next 30 years at least it can see speculative bubble one more time before it becomes completely obsolete.

>> No.14911386

>>14911203
your brain is completely obsolete

>> No.14911424

>>14911386
do some research dude it's all shit
everything you were taught about gold is a lie
it's highly inflationary
shit store of purchasing power in practice especially long term
expensive to trade and store
easily confiscated at any border or on the run
heavy as fuck also in case you got to take it with you

>> No.14911467

>>14911424
I kind of wish I was as stupid as you so I could feel some sort of bliss.
Fortunately, we are not to far from the day when people like you are not only proven wrong but eternally BTFO.

>> No.14911481

>>14911467
oh come on peter schiff will die before he can say "i told you so"

>> No.14911562
File: 77 KB, 600x431, inflation-adjusted-gold-price.png [View same] [iqdb] [saucenao] [google]
14911562

>>14911467
it's fucked

>> No.14912777

>>14911562
>it's fucked
you mean your brain?
yeah, I agree.

>> No.14913402

>>14910120
is it better to get 1x 1oz gold eagle or 2x .5oz gold eagle
easier to sell 1x1oz, but easier to trade 2x.5oz. or should it be silver for trading?

>> No.14913425
File: 275 KB, 1864x712, silver explained.jpg [View same] [iqdb] [saucenao] [google]
14913425

>>14913402

>> No.14913453

>>14906261
Looks like a multi-year bottoming process beginning to round out, I most definitely would not bet against this. Long gold equities on weakness over next couple of years

People coming to realize rates are never going up and will likely continue moving more negatively which is a positive for gold. US dollar weakness is also positive for gold, not to mention the impending recession that can't be more than a few years out - this is the perfect storm for gold to do great desu

>> No.14913461
File: 100 KB, 1824x881, gold.jpg [View same] [iqdb] [saucenao] [google]
14913461

>>14913453

>> No.14914127

>>14906261
Why would you buy Gold for, maybe, a 5-20% return instead of UND which will give 50%-200% within the next few *weeks*. It's like you guys are all completely brain-dead.

>> No.14914308

>>14913425
So it's a good thing I just inherited all of my grandmother's engraved silverware?

>> No.14914397

>[sic] gold

We call that stuff "Autism rock" now

>> No.14914471

>>14914308
yes

>> No.14914491
File: 393 KB, 692x401, 1509416679266.png [View same] [iqdb] [saucenao] [google]
14914491

>gold on a moderate bull run
>stock market on a moderate bull run
>cryptos on a moderate bull run
this fucking timeline