/biz/ - Business & Finance

omg it will have +50% soon over 3 years

>>21073813
Gains that matter to the real world.

>>21073742
Show that chart that compares returns for gold vs btc for longer time frames. You won't, cause it doesn't fit your gold narrative.

>>21074958
What is the point in comparing a real world asset to something that doesn't exist?

>>21073742

>>21075309
keked cos its true

>>21073742
really makes you think

>>21073742
Schiff is right on Gold and Silver. Schiff is wrong about crypto. People can be really smart about some things and completely blind to others. Nobody has all the answers. If they say they do, run.

+1.21% WOW

ive got a bunch of shiny metal on my wrists and fingers right now, meh

>>21074185
>maybe the real gains were the real gains we made along the way
Is this what boomers actually believe?

>not owning the big 3

>>21075424
Hes also wrong about gold and silver tho

>>21075309
You understand that most gold traded is paper gold and most people aren't shipping and taking ownership of gold right? You also understand that paper fiat is going away within the decade and it will be completely digital and thus "doesn't exist" based on your logic. Try telling your landlord in a few years that you shouldn't have to pay rent with something that doesn't exist.

>>21075593
He's not. We have real negative rates right now and the Fed is getting ready to send shockwaves out in September by changing policy drastically to abandon the inflation target and to start enacting yield controls on the 10 Year Treasury. That will be institutionalizing steep negative rates. All the large institutions that hold Treasuries are essentially getting negative interest and it will accelerate when this policy change is made. Suddenly, shiny rock is far more attractive as a tier 1 asset than a 10Y that actively loses you money. Gold's current run is not a speculation bubble. It's flat out escape a negative interest rate environment.

>>21075966
You underestimate the power of brrrr. And Schiff is either a retard or intentionally (((misinforming))) cause he’s one of (((them))). Ever wonder why he never mentions the term world reserve currency?

>>21076055
It's not about brrr. That's happening and yes that's going to contribute to the inflation, but the policy is the problem. Negative real rates are driving institutional money out of Treasuries and into gold.

https://youtu.be/bI2dvLmXJnU

Watch this. It's not even a meme vlog. It's TD Ameritrade.

>>21076178
It’s always been and always will be about brrrr you nigger. Do you honestly think (((they))) are retarded enough to let the dollar collapse? Come one faggot. Think

>is goldbug
>measures gold in fiat
schiff has psyoped so many

>>21076225
If you aren't talking about the Fed's upcoming policy change, you aren't even speaking the same language. Negative rates are driving this and the rates will only go more negative. Gold and silver bull market is just starting.

>>21076225
they won't have any choice in the matter...there are larger actors at work now than the US military industrial complex.

We've already seen how powerful they can be working together...schale stocks anyone?

>>21075779
>most people aren't taking delivery of physical

So... who wants to tell the faggot zoomer about the coming window party at COMEX? Actually, I'll do it. Zoomie, you should totally buy all the SLV you can afford right now, preferably on contracts expiring next year. You're so smart and so right, there is no way this backfires, and you totally will not see swan dives on September 3rd.

>>21076564
September is going to be good. Even if they pull it off, December will be the end. Get some popcorn and hold your physical silver. We are getting the Fourth of July in September.

whats going to happen in september?

>>21073813
>not being leveraged 40:1 through futures
ngmi

>>21077081
https://youtu.be/PSE9F111Q9g

Hemke says it best. Basically, we just all time record silver delivery. Both the Gold and Silver futures markets are busted and people are standing for delivery rather than rolling contracts. It's essentially a run on the COMEX. September is the next delivery date and as of right now we still have over 600 million ounces of silver that are standing for delivery. Only have until August 27th to get that number down or else it could be a force majeure where they settle the contracts in cash rather than silver. That would be the end of the COMEX. December is even bigger. If they don't go bust in September, December is waiting.

>>21077081
>>21077288
Start at around 13:30 mark or so.

>>21077288
nice, any assumptions how this will affect other markets? gold and silver wont have an official price at all anymore

>>21077388
Not sure. We've never been here so it's all unknown. Other futures markets are a little different because gold and silver has really only been about price manipulation. It's been a dysfunctional market for a long time. Not sure if this would spread to other markets or to what degree. But yes, it would be a massive shock to PMs. Physical becomes the real market. I'm not at all convinced that the Feds don't work out something. But it's certainly a potential disruptor to be looking out for.