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/biz/ - Business & Finance

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18054276 No.18054276 [Reply] [Original]

How come NOBODY is noticing this. There's barely any gold trading starting today. Meaning all the people who had to sell their gold for whatever reason did.
You cannot buy large quantities of gold anymore. This is going to moon.

>> No.18054542

>>18054276
not sure how it will moon if its illegal to buy/sell/own gold as an american citizen (2 weeks).

>> No.18054559

nobody wants your dumb shiney rock except a few turbo autists who expect society to turn to some mad max scenario.

>> No.18054582

>>18054542
How is the gubbmint gonna pay its foot soldiers if the dollar is worth toilet paper?

Bullets, beans, and bullion, my lad. Gubbmint is gonna go bye-bye if they try to take people's metals.

>> No.18054612

just bought my first gold ever yesterday at the dip
already profited and its not even here yet

>durrr shiny rock isnt real profits!!
fuck off stockshill

>> No.18054611

>>18054582
they'll pay them in crypto

>> No.18054615

>>18054582
Theyll stop your heart from beating with a satellite. No need for meatbads anymore. The old world is over.

>> No.18054619

>american citizens
>relevant
Pick one and only one.

>> No.18054629

>>18054542
what the hell are you talking about?

>> No.18054634

>>18054615
lmao

a fat faggot is behind the satellite on a computer

everything is run by flesh, and flesh is easily vanquished

>> No.18054635

>>18054276
>nobody is buying gold
this is bullish!

>> No.18054696
File: 45 KB, 561x416, cb-gold-buying-macquarie-sept-18[1].png [View same] [iqdb] [saucenao] [google]
18054696

these CBs are all fucking autists then

>> No.18054728

>>18054559
here you go retard >>18054696

>> No.18054733

>>18054635
do you seriously think private people are selling thousand ounces of gold every minute? i was talking about the institutional investors who sold their paper gold during the past weeks, now it seems like only private people are trading gold and the big fish are sitting on their stack not planning to sell, having turned off their computer systems completely (gold literally picked up 100$ within a day, any risk management software would have sold on such a pump). but private people tend to not trade gold, they just buy and hold and thats why the price is mooning now

>> No.18055057

>>18054612
I popped my PM cherry yesterday too. I'm a poorfag though and with the limited stock available I paid a lot on premium. I couldn't care less if gold and silver dip. I've been contemplating buying PMs for months now and I bought with the hope I'll never have to use them tbqh. If shtf I hope I'll be able to buy a ticket out of the shithole I am atm.

>> No.18055134
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18055134

>>18054276
>And I'm proud to have calls in JNUG
>Cause gold will soon rally
>And I won't forget the gay bears who died
>To give these gains to me
>And I'll proudly hodl tight until May
>With my 5/1 $14c
>Cause there ain't no doubt, I love these gains
>God bless JNUG tendies

>> No.18055191

>>18055057
If shtf no one is gonna want shiny rocks, the system will move to bartering life essentials

You got conned into buying a boomer meme

>> No.18055243

>>18055057
i bought into gold and silver just cause i know i'll make a profit with a recession/depression
if shtf then all this is worthless, but it's okay because money will probably be worthless anyway.

>> No.18055270

>>18055134
BASTE

>> No.18055452
File: 78 KB, 937x502, niggaplz.jpg [View same] [iqdb] [saucenao] [google]
18055452

>>18054612
nigga plz what dip ?

( look at picture name )

>> No.18055501
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18055501

>>18055191
In a barter economy gold and silver will be acceptable forms of payment along with life essentials. Don't be so dismissive fag. In a shtf scenario neither you nor I can assume what will or won't work as a means of transaction
>>18055243
I didn't buy enough to profit in a recession/depression. I bought as a hedge (for the foreseeable future) and a way out ticket if things go downhill for real.

Can any of you fags explain how if shtf gold and silver are rendered worthless?

>> No.18055676
File: 23 KB, 1200x189, Screenshot_2020-03-24 'The currency of last resort' Goldman says it's time to buy gold as fear spreads across global markets.png [View same] [iqdb] [saucenao] [google]
18055676

xauusd hitting resistance as this article came up, wouldn't buy it now.

>> No.18055719

>>18055452
About to go parabolic

>> No.18055732

>>18055191
>people will barter and then go back to fiat
>never in history has gold been used as money

>> No.18055918
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18055918

>>18055452
yeah I'm tossing up whether to get another half kg today. On the one hand I'm worried about currency (pic related), on the other, it does seem kind of high.

>> No.18055998

>>18054582
>take people's metals
Didn't they do that before?

>> No.18056114

>>18054276
>cfd
try gold futures retard

>> No.18056163

>>18056114
its just an indicator for the spot price and as of today the trade volume went to almost 0, you dont see that on the futures

>> No.18056228

>>18054582
dollar isn't worth toilet paper. we have unlimited QE and it's STILL not inflating at the rate the Fed wants, 2%.

>> No.18056277

>>18055191
Read ANY history past the last 50 years.

>> No.18056337
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18056337

>>18056163
>volume went to 0
look at the daily volume

>> No.18056417
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18056417

>>18056337
idk why i bother with retards like you

>> No.18056419

>>18056163
>>18056337
ticker XAUUSD from oanda

>> No.18056476

>>18056417
do you know what a CFD is you tard? nobody with an IQ >70 trades them

>> No.18056718
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18056718

>>18055501
>In a barter economy gold and silver will be acceptable forms of payment along with life essentials
Bitcoin is far far better at this. I still think gold is going to moon though. Hold both.

>> No.18056761
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18056761

they had to stop cfd trading today. spot and futures are open. physical is decoupling

>> No.18056996

>>18056718
I'm stupid enough to be mostly in LINK as far as crypto goes but I'm never touching BSV as long as the three stooges run it. I'd gladly buy BTC but the recent volatility along with the pump RIGHT WHEN FED announced infinite QE made me stay away for a bit

>> No.18057093

>>18055732
>>18056277
depends on how SHTF is described.

If we experience Soviet-style bread lines? Sure, gold will still have value.

If we experience full-on fallofrome civilizational collapse? My fishing rod is worth more than a pound of gold.

>> No.18057139

precious metal retards are a special kind of /biz/ retard breed

>> No.18057217
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18057217

>>18054582
>>18054629
Retards

>> No.18057241

>>18057093
I doubt the latter is happening.

>> No.18057257

>>18057217
Most americans buy coins anyway couse its exempt from sales tax.

>> No.18057273

>>18057217
Imagine if Americans were armed and destroyed the government for doing shit like this. I mean really imagine it, because Americans will never do it. Instead we'll just hand over our gold and guns and head straight to gulag.

>> No.18057494

>>18055134
Why would you buy a call in JNUG? Wouldn't the intraday volatility and rebalancing mean the price gets lower over time? Not calling you stupid just asking

>> No.18057537

>>18054276
There's plenty of trading going on, your shitty discount broker is hiding the order book from you retard

>> No.18057566

>>18054276
Holy shit, it's back to $1600 an ounce already?

>> No.18057569

>>18054582
>if the dollar is worth toilet paper?
To be fair that'd mean it's stronger than it's ever been since 1971.

>> No.18057618

>>18057217
Happened literally one time while we were on the gold standard.
And besides, physical gold is very easy to hide/trade away. When they come knocking say you bartered it off a long time ago and they can go pound sand.

>> No.18057880

>>18057618
>won't happen again

>> No.18057928
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18057928

>>18057217

>> No.18058049
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18058049

Goys, Gold to Australian dollar is at all time high (rightly so). Aud to Usd is at all time low.
USD IS WILDLY OVERVALUED. GET OUT WHILE YOU STILL CAN.

>> No.18058253

>>18057566
1630. At this rate it'll push for 1700 tomorrow. Exciting stuff desu.

>> No.18058413

>>18057217
>be you
>hundreds of ounces of gold and silver
>gubber mint sends their soldiers with tanks and automatic weapons and grenades to your house
>take all the gold and silver you hoarded for years
>leave as fast as they came and raid the next poor bastard
>as your bullet ridden body lets the life slip from it, you whisper in your dying breath
>b-but that's illegal...

>> No.18058447

>>18058049
>USD IS WILDLY OVERVALUED

no shit, it's been that way for a decade

>> No.18058453

>>18054276
>minute chart
>rising price and low volume is bullish

>> No.18058582

Shiny rocks

>> No.18058668

>>18058049
Why are all Oz posters out of their fucking minds? You don't even make toilet paper. Get the fuck out of here.

>> No.18058771

>>18057494
>not calling you stupid
Ah, see there was your first mistake.

>> No.18059355

>>18057880
We aren't on the gold standard anymore, the government doesn't have to physically seize gold in order to shrink the money supply.
And like I said, there were lots of Americans who blatantly lied and kept holding their gold.