/biz/ - Business & Finance

[Anonymous No.18219147]

Is now a good time to buy gold? Not for speculation, but just to stop my savings from devaluating

[Anonymous No.18219171]

>>18219147
gold will dip before it moons

[Anonymous No.18219223]

yes

[Anonymous No.18219246]

>>18219147
>Is now a good time to buy gold? Not for speculation, but just to stop my savings from devaluating
Yes. You should consider silver, as well. But definitely gold.

[Anonymous No.18219325]

Gold threads are immune right guys?
uhh guys?

[Anonymous No.18219336]

>>18219147
I mean, the prices after the panic were the lowest in 6 months.

[Anonymous No.18219340]

>>18219325
indeed they are

[Anonymous No.18219345]

Silver for that big payoff when the ratios correct

[Anonymous No.18219365]

>>18219147
>Is now a good time to exchange my government funny clown currencies for real money that will maintain value for thousands of years?

Hmmm IDK op, better wait until complete economic collapse

[Anonymous No.18219384]

>>18219147
No, look at the graph. Gold was in a massive bubble until it returned to its normal price this month. It will either continue to dip or stay at $1600. It was ironically better to buy gold last year than it is to buy it this year.

[Anonymous No.18219438]

>>18219171
Where will you buy it when it dips?

[Anonymous No.18219450]

>>18219147
Of course it's a good time. The kikes just printed 6.5 trillions clown dollars in less than 2 weeks. Everything is better than holding fiat.
Also don't go all in on gold, put some cash on silver too. It depends on the money you want to invest in, but under $10K i'd advise 60% silver 40% gold, and above $10K 70% gold 30% silver.
And if you are a poorfag under $1K, just go 100% silver.

[Anonymous No.18219452]

>>18219147
it's always a good time to buy gold

[Anonymous No.18219460]

Too late. It's all gone. You missed the boat, you had TEN YEARS

[Anonymous No.18219510]

>>18219384
>imagine unironically believing commodities are in a bubble when it's the only class of assets with price getting suppressed and you have a multi quadrillions derivatives bubble popping just as we speak

[Anonymous No.18219521]

>>18219384
There is no NORMAL PRICE for anything you absolute brainlet.

[Anonymous No.18219558]

>>18219510
>>18219521
/biz/ can't look at a graph.

[Anonymous No.18219561]

>>18219384
Funny how these graphs look so different for USD and GBP. It's definitely a good idea to buy gold in the UK. It's completely free of any tax imaginable, pure store of value.

[Anonymous No.18219573]

>>18219450
>Everything is better than holding fiat.
in a recession cash is king. doesn't matter what you sperg about. we are in a fucking recession.
money printer going brrrr won't solve shit.

[Anonymous No.18219763]

>>18219450
>Also don't go all in on gold, put some cash on silver too. It depends on the money you want to invest in, but under $10K i'd advise 60% silver 40% gold, and above $10K 70% gold 30% silver.
>And if you are a poorfag under $1K, just go 100% silver.
Why?

[Anonymous No.18219890]

>>18219147
Ask yourself this: If gold is truly a reliable source of value, why are all these places/people that have so much stored up, so very desperate to sell it to you, anon?

[Anonymous No.18219930]

>>18219834
Based superspreader

[Anonymous No.18219957]

>>18219863
I will be zere shortly

[Anonymous No.18219959]

>>18219913
I have a few ounces of old Canadian and US crap I've been meaning to sell, but I'm pretty lazy so it might never happen

[Anonymous No.18220453]

>>18219890
because the have expenses that can only be paid in cash like fucking everywhere else?

[Anonymous No.18220466]

>>18219147
It's never a bad time to own gold.

[Anonymous No.18220588]

Yes

[Anonymous No.18220608]

>>18219890
Except online is literally fucking sold out without paying high premiums right now. If they wanted to get rid of everything they'd have a fire sale since demand is so high.

[Anonymous No.18220620]

>>18220455
based

[Anonymous No.18220843]

Literally just a coof bro.

[Anonymous No.18220844]

if you already hold USD I wouldn’t bother, demand for dollars is so high the Fed can keep printing hundreds of billions on a daily basis and we’d still be skirting deflationary pressure

[Anonymous No.18220913]

>>18220844
Dollars are going parabolic/vertical in 2020. Couple months left for dollar.

[Anonymous No.18220922]

*cough

[Anonymous No.18220936]

>>18220913
reasoning?

[Anonymous No.18221021]

>>18220936
Read the graph. All liquid dollars are being printed so quickly that graph turns vertical, that is hiperinflation being born.

[Anonymous No.18221181]

>>18221021
No it isn’t, the demand for USD is increasing exponentially. There is tremendous slack in the financial system that the Fed is now filling

[Anonymous No.18221576]

>>18221181
Demand for trading dollar is.
They don't print those. Dollar =/= Dollar.

[Anonymous No.18222137]

>>18220051
Go coof somewhere else

>>18221994
When the market BREAKS
FREAKS
MONeY LEAKSs
Falling away from me
Falling AWAY from ME

>>18221098
+++

[Anonymous No.18222138]

If you'r portfolio isn't at least 25% gold, 10% of which is physical, you should get your portfolio to 25% ASAP.

[Anonymous No.18222270]

>>18219147
gold is retarded

[Anonymous No.18222329]

>>18221021
>>18222138
Imo better to wait it out a little while. High likelihood there will be better opportunities for entry with the next big liquidity squeeze. We will know whether it's time to buy yet or not if when the next major dump in equities (8-10% intraday) happens. There are two scenarios that could play out when this happens:

1. Liquidity squeeze: gold drops along with equities (like March 13th crash). In this case we're probably yet to reach a bottom and there will be better buying opportunities ahead for the next 6-12 months.

2. Gold holds its own - if we stay relatively flat or see only a minor fall in price, this would indicate that the bottom is near and its safe to start laddering buys and increasing % of portfolio in gold>>18221021

[Anonymous No.18222406]

dca and don't sweat dips because you buy gold for its resilience against tail risk

[Anonymous No.18222441]

BLESS ME

[Anonymous No.18222442]

>>18222329
>trying to time it

[Anonymous No.18222452]

>>18219147
Don't buy gold now, it runs hard in a risk off environment then slowly falls away. You buy gold when risk assets get too frothy. Given how low interest rates are equities are the only game in town, especially considering how much liquidity has been poured into the market.

[Anonymous No.18222471]

>>18222452
>trying to time it

[Anonymous No.18222545]

>>18219147
kind of late anon, you don't buy when shit hits the fan

[Anonymous No.18223164]

>>18219890
If stocks are so valuable then why are brokers so desperate to sell it to you?

If real estate is so valuable then why are agents so desperate to sell it to you?

Retard.

[Anonymous No.18223215]

>>18219171
these idiots keep saying this so people don't buy. I think they are hoping it dips.

APmex and JM Bullion are completely out. Still have some stuff on pre-sale but even that stuff is close to being sold out.

[Anonymous No.18223339]

>>18219147
>Is now a good time to buy gold? Not for speculation, but just to stop my savings from devaluating
No.
FFS. I hate you people.
"Haha number dip below resistance" requires gradeschool level of foresight.
Hell even just a month ago the price to absolutely shredded when everyone was fleeing into cash.
The ship has sailed.
"Sell when people are greedy and buy when people are fearful".

You'll get fleeced if you buy now.
Come on now.

[Anonymous No.18223855]

>>18223820
Yeah these things just don't happen. Never, ever. It's 100% impossible.

[Anonymous No.18223856]

>>18220969
>>18219834
The funny thing is, there are people in real life doing this as well. Knowing they sick, coughing out loud, smearing their muckus on products in the stores. What a sick world eh

[Anonymous No.18224150]

>>18224045
cearly isnt Wales because even a chink wouldnt be wearing shorts and a vest in this climate.

>Welshman here.

[Anonymous No.18224152]

>>18223994
amerifats BTFO

[Anonymous No.18224153]

>>18219834
Why is this post green, what sorcery is this?

[Anonymous No.18224315]

>>18219147
yes

[Anonymous No.18224336]

>>18224294
She knew what she was doing going into that video. GDP may be victimizing women, she definitely wasn't one them, with that stellar head game she was rocking.

[Anonymous No.18224484]

>>18223164
Because neither brokers nor real estate agents own the things they're trying to sell to you, faggot. They get paid commission or salary based on selling shit for other people. These mints/bullion shops aren't getting paid to sell gold on behalf of a third party, they're desperately shilling to sell an asset they themselves hold as much as possible for cold hard cash. Sad part is, the scam works because of low IQ dipshits like yourself who buy into it.

[Anonymous No.18224506]

>>18222048
bless me

[Anonymous No.18224508]

[Anonymous No.18224561]

>>18220453
So what you're saying is that cash is both more utilitarian and more valuable than gold in an actual market? Holy shitballs anon, what news, such smart.

>>18220608
>online shops are sold out so they should have a fire sale to get rid of something they don't have in stock as it is
What's it like to be mentally retarded? Do you at least wear your helmet outside, or is your brain so damaged that it wouldn't matter even if you did hit your head?

[Anonymous No.18226259]

>>18223215
It'll dip if the market keeps crashing. Gold suffers in deflation, it's strength is inflation. I think we're likely to get a bit of deflation so potentially lower gold prices.