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File: 59 KB, 879x708, goldETF.jpg [View same] [iqdb] [saucenao] [google]
57230752 No.57230752 [Reply] [Original]

Uh............. bros?

The top gold ETF has only 57B assets under management

Are we being bamboozled?

>> No.57230761
File: 48 KB, 844x380, goldetf2.jpg [View same] [iqdb] [saucenao] [google]
57230761

>> No.57230784
File: 34 KB, 845x157, gold1bil.jpg [View same] [iqdb] [saucenao] [google]
57230784

>> No.57230794
File: 92 KB, 1364x849, 266d.jpg [View same] [iqdb] [saucenao] [google]
57230794

>>57230784
266 days of lower prices after the release week of this ETF (38 weeks)

>> No.57230808
File: 80 KB, 1249x677, goldetf3.jpg [View same] [iqdb] [saucenao] [google]
57230808

>>57230794
zoomed in

>> No.57230817

because crypto in 2024 will behave exactly like gold did in 2004.

>> No.57230822
File: 85 KB, 1349x757, goldETF4.jpg [View same] [iqdb] [saucenao] [google]
57230822

Gold monthly chart
>Muh ETF did this

>> No.57230836

>>57230752
Yeah you should definitely sell lol.

>> No.57230839

>>57230817
Now explain how would ETF do anything for bitcoin when the total gold assets under management are about 10% of BTC's current market cap

>> No.57230842

>>57230836
See >>57230839
I'm not selling anything

>> No.57230844

>>57230839
Gold has a unlimited supply

>> No.57230845
File: 139 KB, 1554x520, Screenshot 2024-01-09 at 08.59.13.png [View same] [iqdb] [saucenao] [google]
57230845

maybe it's not the only tool for investing in gold

>> No.57230848
File: 1.13 MB, 1370x1370, touching grass.png [View same] [iqdb] [saucenao] [google]
57230848

>>57230839
gold couldn't get any more exposure via etf, literally everyone knows about it.
normoid boomer exposure to bitcoin is assured via etf.
plus it's a physical commodity, any1 interested in gold would just get it.

>> No.57230851

>>57230844
True
But so what? the expected inflow of money from this ETF is peanuts

>> No.57230856

Bitcoin is better than gold and more hype with marketing. Bet you didn't have kids buying gold etf but you will with bitcoin.

>> No.57230864

>>57230848
>exposure
True I guess
>>57230845
Those other prodcucts must be vastly superior if golds ETFs are so small

>> No.57230867
File: 44 KB, 800x537, 1679711763155786.jpg [View same] [iqdb] [saucenao] [google]
57230867

>>57230848

>> No.57230871

>>57230851
Shut up retard

>> No.57230876

Also did anyone give a fuck about gold etf? Was there even any marketing for it? We're gonna have commercials and shilling in all major news networks.

>> No.57230888

>>57230871
I accept your concession
>>57230876
Possibly a factor

>> No.57230890

>>57230851
yes, we are all selling when price stops pumping after the news 48-50k and the etf is just for higher lows higher highs long-term
what's new

>> No.57230891

>>57230839
>What is liquidity
>What is circulating supply
Lol. Lmao

>> No.57230897

>>57230891
>Lol. Lmao
I'm not laughing Bitch. Tell us your dick size

>> No.57230997

>>57230897
No?