/biz/ - Business & Finance

>>19595724
go back dollar shill. Schiff is right. Your norm or portfolio is about to be worthless like the USD

if you're winning so hard why are you seething so much?
could it be that you're worried?
no...right..?

>>19595751
>>19595764
no i'm not worried i just call out your hypocrisy

>>19595724
>Massive unemployment
>Cities on fire
>Most businesses and industries forced to close or operate at significantly reduced capacity
>Stonks are still going up
Y-yeah, this is t-totally a natural response to these events! N-nothing can possibly go wrong! S-suck it bobo!

>>19595823
who cares? i make money

>>19595724
he forgot the telephone number to his gold dealer

>>19595724

Why gold is about to soar imminently, in eight easy steps:

1) The American economy is so leveraged and feeble that, when yields go to only 2 or 3%, stocks crash.

2) We saw this in November, 2018. Yields rose to 3%, and stocks crashed from 26,500 to 22,500. The Fed found that it simply could not let rates go up, and began doing Q. E. again.

3) This period is also when gold began its rise from $1200 to $1500--well before the coronavirus hoax (the exculpatory cover for the coming economic collapse) had started.

4) This rise in the price of gold was because the price of gold goes up when real yields go down. An environment with low real yields is the reason why gold went up 20 times during the 70s and 80s. At this time, inflation was so bad that bonds became known as "certificates of confiscation."

5) Because of the present stampede into the stock-market, the ten-year yield is presently soaring. On Friday, it went from 0.70 to 0.90 in a single day.

6) PMs dropped temporarily because of this stampede into the stock market. But if yields go up any further, stocks will crash.

7) To prevent a stock-market crash, the Fed will soon announce a formal cap on yields. This will signify that hyperinflation is coming. They would need to print tens of trillions to impose a formal cap.

8) This cap will cause a bond-market crash, and gold, silver, gold miners and silver miners, to soar to unprecedented levels. This is because the bond-market is even bigger than the stock-market, and precious metals will become the only safe haven to escape inflation.

In sum, the Fed has two options: let yields continue to rise, and crash the market by 90%; or cap yields to prop up the market, and begin hyperinflation. There is no way of escaping this dilemma.

>>19595751

Retail investors on Robinhood have pushed the price of Hertz up 800%, despite the fact that the company is bankrupt and the stock is completely worthless. It sounds like something which you would read about in a history book about tulip mania or the Great Depression.

https://www.zerohedge.com/markets/bankrupt-hertz-stock-soars-100-relentess-flood-retail-daytraders

https://www.zerohedge.com/markets/market-cap-bankrupt-hertz-approaches-1-billion-amid-unstoppable-flood-retail-buyers

Meanwhile, a cap on yields could be coming as early as Wednesday:

https://www.zerohedge.com/markets/sudden-sharp-spike-yields-will-cause-stock-market-correction

https://www.zerohedge.com/markets/bonds-are-trading-if-yield-curve-control-already-here

https://www.zerohedge.com/markets/yield-spike-sparks-calamity-quant-funds-macro-managers-massacred-market-meltup

>>19596510
i heard this gold propaganda for 15 fucking years

you won't be right this time either by the way

Peter "You better beat em like neegan" Schiff
Peter "I'm not stopping till that niggers dropping" Schiff
Peter "Kill a gorilla dead" Schiff
Peter "I moved to PR and all I got was lighter taxes and lighter skinned niggers" Schiff
Peter "Jog here get treated like a queer" Schiff
Peter "Nappy heads get lead" Schiff
Peter "Free market slavery" Schiff
Peter "The fed supplies the welfare, I'll supply the warfare" Schiff
Peter "CEO of Racism" Schiff
Peter "Euro Pacific Islanders tongue my anus" Schiff
Peter "Save a life, stab that nigger with a knife" Schiff
Peter "IRS a shit, loot them you nigger dicks" Schiff
Peter "The Jewish Klan has the plan" Schiff
Peter "Round them back up to Pakistan" Schiff
Peter "If it's white it's alright" Schiff
Peter "Golden deagle for the darkies, Sliver shooter going LARPY" Schiff
Peter "digs for precious metals (In minecraft)" Schiff
Peter "If it has a tan get the V&" Schiff
Peter "If it's brown mow it down" Schiff
Peter "A total riot" Schiff
Peter "My porn name is peter stiff" Schiff
Peter "Broken knees for BBC" Schiff
Peter "Rope and trees are as american as apple pie" Schiff
Peter "Shooting youths in groups" Schiff

>>19596553
>It sounds like something which you would read about in a history book about tulip mania or the Great Depression.
>it happened in the past therefore it'll happen again
Retard.

>>19595724
gold has never failed, In the history of finance in all civilizations. Gold is the ultimate store of wealth, and always will be. those that pretend gold will reach 100k tomorrow are foolish, but they aren't wrong that gold will always beat the dollar, every single time in the long term. People eventually start asking for their money back, and when they can't get it they try to buy gold.

>>19595850
>who cares? i make money
*guillotine snaps*

>>19596584
Who fucking cares u can change gold back into literally almost any FUCKING CURRENCY even if the dollar does well I just change back fuck off nominal normie.

>>19596742
Next level cope

>>19596553
>0hedge

ok retard

>>19596584

>i heard this gold propaganda for 15 fucking years

You mean while the price of gold was going from $200 to $1900.

Everything is happening exactly as Ray Dalio and Bridgewater predicted to the Financial Times in Jan. 2020 (long before the coronavirus panic):

https://www.ft.com/content/1c90b8d6-36f6-11ea-a6d3-9a26f8c3cba4

"Mr Jensen said he would not rule out the possibility that the Fed could slash rates to zero this year as it looks to avoid recession and disinflationary pressures."

"Although rate cuts by the Fed have bolstered equity markets, Mr Jensen said the group was “more cautious” on US stocks, describing them as “frothy”."

Bridgewater accurately placed a $1.5 billion options bet that the stock market would plunge by March 2020:

https://www.wsj.com/articles/bridgewater-bets-big-on-market-drop-11574418601

We need only wait for the $2000-gold prediction to take place now. This will happen when a rate-cap is imposed.

>>19596742

The epitome of "New paradigm!"

No one knows what's going to happen except that /biz/ will buy high and sell low!

>>19597369

What part of the article are you denying? The fact that Hertz is up 800% despite being bankrupt? The fact that the 10-year yield has spiked to 0.90? Or the fact that the Fed may impose a formal cap on yields as early as Wednesday?

>>19598120
>>0hedge
>ok retard

>>19598160

Which of the three factual pieces of information in the articles are you denying?

>>19595724
based retard zoomer
Enjoy the ride down to 0, you stupid brainlet

>>19598172
>>>0hedge
>>ok retard

>>19598233

Imagine my replying to you hereafter with the same response, ad infinitum, until your own one changes.

>>19598260
>>>>0hedge
>>>ok retard

>>19596510
>There is no way of escaping this dilemma.
There is another way
Pic related

>>19595823
>Massive unemployment
>Cities on fire
>Most businesses and industries forced to close or operate at significantly reduced capacity
All signs of efficiency and acceleration.