/biz/ - Business & Finance

Fed is tightening. Rates are skyrocketing. Assets are crashing. Deflation is happening. Cashbros... we won.

>>49584290
Gold always goes down in a major crash. Peeps sell gold to cover losses and marge

>>49584290
>I'm sure people will invest in the intrinsic value of gold over paying for gas yo go to work.
>t.retard

>1.78%
This would be a bullrun if was bitcoin.

It's almost like all markets are correlated or something

>>49584290
Biggest shake out in history.

Get ready to watch all those vacant jobs get filled REAL quick next year.

>>49584290
The same happenned during covid crash. In the first phase of a stock market crash only dollar is the king

>>49584290
coinlets are now coping with muh but gold is also going down
kys

>>49584350
>Rates are skyrocketing
Kek zoomer detected

>>49584350
>we won
congratulations, your prize is negative 20%p/a

>>49584290

>>49584290
because people are forced to liquidate in a crisis.
look it up.

>>49584290
A lot of assets get their value from ETFs inflows. Right now everyone is redeeming their ETFs and it's bringing everything down in the process. Passive investing and ETF investing is a bubble and will be the major driver of the downward momentum in every asset class that has been made into an ETF (pro tip: it's all of them). Once everyone redeems and is left in cash it will become a stock pickers/individual asset pickers market again and people are going to allocate capital straight up into what they want instead of a basket of bullshit like an ETF. Oil is going to be 2,000+ by the end of summer easily.

>>49584290
need cash for gas bro

https://youtu.be/FbQt8pYUY6Q

Gold is down like 40% over the last ten years when you factor in inflation

>>49584401
>Everyone is a poorfag like me and thinks like a poorfag like I do
Lmao. Kys.

>>49584290
Jews

>>49584350
High inflation ensures everybody loses. Even cashcucks

>>49584538
>wrote all this just to shill oil of all things

>>49584779
That was an autocorrect mistake. Lmao. I meant to say that gold is going to be $2,000 by the end of summer. Come to think of it though, Oil could easily be $200 by the end of the year.

>>49584290
>>49584350
>>49584399
>>49584401
eagle dips low before he flys high ~ ancient saying

>>49584290
Its not gold, its a token of fake gold.

>>49584290
PAPER ISN'T REAL GOLD

>>49584538
so where are people going to put their tons of cash that is inflated and worth more lol. milkshake man was right but we still dont know how this game is going to end thou

>>49584290
Deflationary spiral

>>49584290
What exactly is gold good for? Everyone is shifting to savings and things they really need.

Kikes shorting paper silver and gold. Simple as. Look at the physical prices for each metal. Not so cheap anymore. That's whats going on.

>>49584290
in a recession, the safest place is always cash

>>49585785
i have cash
lots of it and im doing nothing because A) theres nothing that tickles my fancy and B) because i can afford inflation

It’s called “deflation” you retards. Every time myself or anybody said anything about it, you mocked us. Everything is going down in price. EVERYTHING.

>>49584350
Your cash is being inflated too

CASH IS KING BABY

>>49584290
gold is le 'risk on' asset

>>49584290
Because apparently cash is king still.

>>49584350
'I'm gonna buy when there's blood on the streets.
I've got 10k€ to waste. Come on baby, daddy needs new shoes!

>>49584290
> -2%
I dont care physical is king and I am not selling

>>49584350
>Fed is tightening. Rates are skyrocketing. Assets are crashing. Deflation is happening. Cashbros... we won.
What did you win? The cost of everything is increasing outside of the stockmarket. Record breaking inflation.

>>49584350
Cashbros Arn't winning anon. It'll be the innawoods self-sustaining, rifle and skills anons who will come out on top.

>>49584350
> 10% inflation
> Holds cash
> Believes he is winning

>>49586358
>>49586315
Wait I was told we have inflation not deflation

>>49584350
cash is falling too retard

>>49584290
>what is liquidity

>>49584290
oh no. goldchuds. looks like your magic boomer rocks have failed to protect you during a downturn

>>49587938
PM's dipped during the 2008 crash.

Then spiked up. Silver went to $50 U.S./oz

>This time it will be $500+

>>49588784
I have 70oz of silver :/ will that be enough to afford eggs?

>>49588784
same shit happened couple years ago as well

>>49588864
Not only the eating kind, but the ones you fertilize as well

>>49584290
Everything is correlated at this point because bots are 99% of the volume on the markets.

>>49585815
I fucking wish. Realistically they'll print a quadrillion dollars before letting everything fall back to y2k levels.

>>49584290
>How the fuck is Gold down as well???
The correlations of all assets go to one in a financial crisis.
People need to sell anything and everything when they get margin calls.

>>49586348
There is no inflation. Goods are becoming harder to produce.

I literally cant sneed

>>49584350
>people are blaming biden for the Fed's doings

>>49584290
You will lose everything and you will be poor.

>>49584290
>muh store of value
Explain yourselves, goldfags.

>>49584614
They lose less relative to everything else so they are winning

>>49584614
>everybody loses. Even cashcucks
Nah. Having cash on hand to buy the dips is important especially when interest rates are high.

You can't eat Gold
You can't shoot gold
Gold doesn't power our cars
Gold doesn't protect your from the environment
You can't drink gold

I just bought 3oz yesterday and will buy another 3oz today.

>>49591569
>Biden is not a puppet of the tribe that runs fed

Rock not needed

>>49584401
>I’ll just buy gas and go to work until I need to take a loan for gas to continue working

>>49584538
>pro tip: it's all of them
Not BTC yet
Though futures fuck it up anyway

>>49593215
>You can't eat Gold
Stop me.

>>49584290
Is there no place safe from this upcoming recession? I say we genocide the middle east and africa and take all their money while at the same time murdering Hollywood.

>>49584290
uh, everything is crashing anon

>>49593215
I can tell you've never held a gold coin in your hand.

>>49584290
Russia stopped export of noble gas which is essential to microchips that also use gold. Likely not related at this scale but these types of things add up

Nothing to worry about.

>>49584429
I think the vacant jobs are a result of too many companies. If anything this recession is going to finally cull all these useless shit companies

>>49584472
Not if they just went into cash. If they entered in the past ytd they're positive.

>>49584408
Gold was in the red for 11 years.

>>49584290

>>49584290
Gold doens't alwasy liquidate in a crash. It went up after dotcom bust got rolling. It's going down because the 10 year rate is up. Gold moves inversely to interest rates. People are starting to think the fed will raise rates more than expected.

>>49584556
And up like 40% over the past 20 years when you factor in inflation.

>>49594719
Positive on what metric? Inflation is at 50 year highs

>>49584290
Comex manipulation is a fact. There are more way contracts than deliverable bullion and they continually dump futures contracts at the beginning of every week to suppress the price. Try buying actual physical metal and see the premiums that dealers are charging. They know what's up. Nobody dealing in the actual physical metal gives a damn about spot any more.

>>49584423
In an inflationary economic disaster, people sell what assets they can easily into cash.
Not sure what the rich people do. Sit tight and scoop up foreclosed properties maybe?
Hyperinflation would actually be a good outcome for crypto. I think people prefer crypto than wheelbarrows of notes. Look at Venezuela.

Margin calls