GOLD THREAD

[Anonymous No.16756461]

>$1585

GET IN HERE WE ARE MOONING

[Anonymous No.16756479]

WW3 everybodhi!

[Anonymous No.16756491]

>>16756461
HOLY FUCK THE HABBENING

[Anonymous No.16756507]

DGX on low liq. exchanges = better. Right place and you get gold at like 45% under spot lol. Fuckin ridiculous.

[Anonymous No.16756540]

Damn silver is mooning too. At this rate gold will be over 1600 by morning

[Anonymous No.16756552]

>>16756479
ayatollah and trump pumping our shiny rock bags
if this keeps up GDX and GDXJ will be up 4% minimum tomorrow, maybe 5%

[Anonymous No.16756553]

> tfw sitting on 13oz
I love war.

[Anonymous No.16756554]

damn gold just broke the fuck out of the 1570 top. I was planning on selling my calls tomorrow but this shit looks like it has no intention of stopping

[Anonymous No.16756568]

>>16756461
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.16756588]

>>16756461
Holy fuck, this Iran war is the real deal, you can actually see in the PM prices that there is a major happening

[Anonymous No.16756590]

>>16756461
Bix Weir says there’s more gold than silver, no reason for this rise.

[Anonymous No.16756628]

My boomer rocks!!! God Bless my stack!

[Anonymous No.16756635]

>>16756590
Both will moon. I’m just sitting here with my 1000oz of silver and 13oz of gold in my hands and I can’t wait for another Sand Nigger to get droned.

[Anonymous No.16756649]

OOOOOOOOOOOOOOOO

WERE GONNA FUCKIJG MAKE IT GOLDCHADS

I LOVE YOU ALL

[Anonymous No.16756695]

[Anonymous No.16756717]

>>16756461
There's going to be a correction guys. It will moon up to around $1700 then probably dip to $1400 before there's a slow and steady rise to a new high.

[Anonymous No.16756742]

>>16756507
I wasn't shilling btw. Look into DGX even PAXG -- but it's overpriced at the moment. DGX goes for like ~$48 (gold÷31.1), watch shitty low liquidity exchanges, constantly dips under 40. Take profits in fiat, move to gold if you don't trust crypto.
Thx. My good deed for the day.

[Anonymous No.16756759]

>>16756717
The amount of TP at 1700 will cause a siiiiiick dump

[Anonymous No.16756781]

>>16756717
> tfw bought 10oz for around a 1000£ not so long ago
> convinced my gf to invest too, 2oz just in case
> got 3oz more and topped up with a 1000oz of silver when it went rock bottom
> I’m looking at a very realistic prospect of doubling my wealth in a few months

Now if only Iran decides to nuke Israel, I’ll COOOOOOOOOOMMMMM.

[Anonymous No.16756791]

>>16756717
Not if the Fed keeps printing

[Anonymous No.16756815]

>>16756791
No, even if the Fed keeps printing. There will still be a ton of people who dump at $1700 and it will dip down again.
Right now nothing short of the Fed raising rates, the China trade deal going through, AND Iran backing down would keep the price of gold flat for another few years.
But even in the best case scenario for gold, PMs aren't like cryptos, they don't ever gain 100% overnight.
And whenever there is a big rise (10% or more) it's ALWAYS followed by big dip.
Ladder out your buys and sells, and do your best to buy the dip. But even in the best case scenario, PMs are a 2x not a 10x.

[Anonymous No.16756822]

>>16756791
> war
> (((feds))) keep printing
> $3000 per oz in 3 months

If this war is not a meme, I will buy a house this year. I hope you’re also gonna make it, PMlads.

[Anonymous No.16756835]

>>16756742
Synthentix gold is so much objectively better than either one of those it's not even funny. The problem with shit like those is that you won't ever have liquidity to exit your position at spot. Garunteed onchain liquidity is a much, much better solution imo.

[Anonymous No.16756877]

>>16756835
Huh, cool... Thanks anon

[Anonymous No.16756882]

> atkinsons holding all trades
Guess someone just ordered their entire gold reserves lel

[Anonymous No.16756907]

Too risky to short 1700-1720? Opinions?

[Anonymous No.16756920]

>>16756815
> PMs aren't like cryptos, they don't ever gain 100% overnight.

In 1982 Silver gained 135% in 6 months (July 82-Jan 83)

[Anonymous No.16756931]

>>16756920
I used 'overnight' very literally there. 100% in 6 months is still nuts for PMs, but feasible. But people who are used to crypto literally believe in 100% overnight, or in a few weeks. Just doesn't happen with PMs even with hyperinflation.

[Anonymous No.16756951]

>>16756931
Nobody here is talking about overnight

[Anonymous No.16756967]

>>16756951
Except the guy you're replying to. Who said overnight.

[Anonymous No.16756968]

>>16756907
I'm looking more at $1800 for a short but $1700 is the safer bet for sure

[Anonymous No.16757352]

>>16756822
>buy a house
>get drafted

[Anonymous No.16757388]

>>16756822
>I hope you’re also gonna make it, PMlads.

Thanks you too brother, and those digits are nice.

[Anonymous No.16757403]

>silverchads will inherit the earth

based

[Anonymous No.16757408]

>>16756815
bla bla bla.....we own miners, we have big leverage to the gold price.

[Anonymous No.16757435]

Where gonna be rich boys...

[Anonymous No.16757464]

>>16757435
based whale

[Anonymous No.16757476]

>>16757435
I see you have the market on Mercury Dimes cornered

[Anonymous No.16757487]

$1590 spot gold is a key fib. As you can see it tagged exactly that on the GC futures at open and fell. It will consolidate and retest, likely once US equity markets are open on Monday.

Can't say if it has the energy to break through and close over $1590 yet, but it will within a week or two, for sure. RSI on the daily is way too cooked for much more upward momentum without a week or two of price consolidation. Next target is $1740, then the ATH.

[Anonymous No.16757494]

>>16756822
based. remember to stand your ground and fortify your castle when (((they))) come to conscript you.

[Anonymous No.16757512]

>>16756461
My auy will finally break even. Been bagholding since 2016