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/biz/ - Business & Finance


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17335953 No.17335953 [Reply] [Original]

So I was waiting for march/april to buy some gold (usually the price drops this time of the year) but the price keeps getting higher and higher. Should I go all in before it's too expensive ?

>> No.17336020

Bump

>> No.17336256

I just did, I just bought 10 oz from my comfy grandpa. I put a down payment just to start, but he firmly believes it will grow 10 fold within the next few months.

I'd buy now anon - how much were you thinking

>> No.17336965

>>17336256
Was planning on putting 10K into it

>> No.17336985

>>17335953
The Everything Bubble is bursting, gold will go 100x within a couple years

>> No.17337067

>>17336965

I've never regretted buying gold. If you have means now - do it now.

>> No.17337133

>>17335953
You're never really "buying" gold. Gold is a form of currency, it's more stable than Fiat and you can't print more of it out of thin air. Any time is always a good time to buy gold, because it will always go up, be it inflation or another World crisis.

>> No.17337444

>>17337067
I guess.. Should I buy online or at a local shop ? Locals should be more expensive no ?

>> No.17338176

>>17335953
why is gold rising? because of USA elections?

>> No.17338585

>>17338176
Fed is doing QE. Some euro and jap bonds are negative. Supply chain disruption due to corona are causing fear.

>> No.17338641

>>17337444
If you buy locally you may get it cheaper, but it may also be fake.
If you buy online it will either be equal or more expensive to what you can get locally, but if you're buying from someone reputable (JD/SD) it's guaranteed to be real.

>> No.17339011

>>17338585
>Fed is doing QE. Some euro and jap bonds are negative
also swizterland bonds are negative...so what?

>> No.17339292

>>17339011
If you're looking for a safe haven to store your wealth, would you want to put it in a negative yield bond or gold? People are picking gold.