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/biz/ - Business & Finance


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18544857 No.18544857 [Reply] [Original]

In my country only gypos own gold and they’re still poor as fuck and the based government doesn’t let them own land. I’m literally laughing my ass off at the Gold shilling, I bet most of you guys have south Asian origin.

>> No.18544872

>>18544857
a jew wrote this

>> No.18544880

based gypos.

>> No.18544888

BASED GYPOS

>> No.18544940

how many golds for a qt slu gyp gf w/ gr8 feats of wtchcrft magix

>> No.18544972

>>18544857

If gold was so necessary, valuable, and vital, why are places constantly selling it to individuals? Why wouldn't the person or company hold onto it?

No gold bug can ever answer this without having a stroke.

>> No.18545024

>>18544872
>>18544880
>>18544888
>>18544940
t.gypsies I bet you’re all pajeets that switched to gold from your shitcoins.

>>18544972
They can’t. They have yet to realize that cash is still king and that gold is a commodity that’s been overhyped because of shills like Mike Maloney and Peter Schiff who are both biased sources and love cash more than gold when the cameras turn off.

>> No.18545058

>>18544972
If food and shelter is so necessary, valuable and vital, why are places constantly selling it to individuals? Why wouldn't the person or company hold onto it?

No food and shelter bug can ever answer this without having a stroke.


Jeez I swear there is a stupid person born every minute.

>> No.18545068

>>18545058
>apple meet orange

>> No.18545780
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18545780

>>18544857
you're glowing too hard, you jew nigger. Remember history. If you make yourself noticed, you remember everyone why they should hate you

>> No.18545807
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18545807

>>18544972
that must be why no one sells oil anywhere

>> No.18545916
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18545916

>>18544972

>> No.18546008
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18546008

>>18544972
>>18545024
>>18545058

Gold absolutely slaughtered. S&P roaring with confidence. Another dismal weekend for the doomers and bugs. They just can't quite squeeze all those shorts loose. Dadgum, that must be painful. Just one tail-whoopin' after another for shorts.

I bought at $1050 avg between 2007-09 and held waiting for promised $3009-$5000 gold. Don't you recall Schiffty, Baloney, Kiyo, Jim Rogers, Jim Turk, Old Sinclair, Frank what's his name at US Global? All of them gold LONG saying gold bull just starting as it ripped past $1500. No one said anything about unloading it and taking profit. The real profit was yet to come...because we were told the Fed was a clown car, USD was confetti, S&P wasn't real, etc. Sound familiar? Yeh. Unload - ALL OF IT - Monday morning if you got any brains. Drop the price.

I don't know how old people on /biz/ are or what they were doing 10-12 yrs ago but we're hearing the exact same lines put out then. You know what happened? Well, 12 yrs has gone by and major powers and US investor pros and citizens can't get enough of US debt. Wake up.

Harry Dent sees gold going to $700 an ounce: https://www.youtube.com/watch?v=UboMFpCpJvo

>> No.18546108

>>18544972
Why was China exporting millions of tons of food products in the 50s while millions starved?
Same thing

>> No.18546137

Lockdowns were just a test run to see how the world would react (huge success). Coronavirus was the excuse to do it. Recovery will be V shaped.

>> No.18546202
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18546202

>>18546008
"gold fell one day after weeks of going up, so it's definitely the time to sell and buy stocks in the beginning of an economic crisis, even though gold outperformed stocks, bonds and literally any other investment over the last 20 years!"

>> No.18546225

>>18546202
Only Jews and gypises love Gold. Stupid Jewish falseflagger.

>> No.18546238

>>18544857
Gold went up 10 times from 2000 & 2014

>> No.18546248

>>18546202

If you're an antisemite, why are you pro-gold? Harry Dent's father was a racial segregationalist while Peter Schiff is a Jew. Dent is the one calling for a gold crash. You have no intellectual honesty.

>> No.18546261

>>18544972
because they're normalfags that live in normalfag reality. They don't see the world like we do.

>> No.18546267
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18546267

>>18546225
want me to post my uncircumcised dick? only a jew would fud gold so hard in the beginning of a huge economic crisis.

>> No.18546276
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18546276

>>18544857
Gold is money

>> No.18546280
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18546280

>sell gold for 40 years
>now start buying gold

explain

>> No.18546289

Wealth is for men. Gold is for women. Silver is for fools. Cash is for niggers.

>> No.18546348

>>18546289
wtf does this even mean? probably the dumbest thing i’ve seen all week on this board

>> No.18546409
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18546409

>>18546248
gold was, is and always will be the one true meaning of storing value. That value comes from the products of people's labor. Only jews, however, stole and hoarded gold over centuries TO THIS DAY without ever working for it, which makes them a net drain to whatever society allowed them to breathe in its midst - aka, a PARASITE.
Also, you didn't even deny it you filthy kike.

>> No.18546445

>>18546409

This is my story, read it for yourself. >>18546008

>> No.18546462

>>18546445
I read it, I'm happy for you if it's true. The point is that it's all fiat and we all know what inevitably happens to fiat.

>> No.18546487

>>18546462

As I said, we heard all this 12 years ago. Fiat is going to zero, etc. etc. People like me who believed it missed the biggest stock market run in history.

>> No.18546557

>>18546487
since 2000

gold 486.420%
Total S&P 500 Return (Dividends Reinvested) 177.850%

if your cost average is $1000 and you hate gold so much just sell it for some profits now.

>> No.18546566

>>18544972
>nothing has value unless its not for sale
anti argument from another dimension

>> No.18546779

If gold is such a useful store of value, why is all the gold you can buy newly minted coins and bars, what about doubloons or roman gold coins? Why don't we see those being traded around? Gold is a scam.

Also, I'll do my part when SHTF by refusing to take gold as any form of payment. Chainlink only.

>> No.18546816

Based gypsies. When you think about it, they’re ahead of the curve: they are hated in most societies they live in and so don’t trust banks and governments to do right by them, which is probably why they keep their money in bullion. Meanwhile good goyim like OP will wake up one day with nothing because they trusted the System

>> No.18546823

>>18546779

>>18546280

?????

>> No.18546831

Has anyone else noticed quite how many anti-PM shills there are here recently btw? Is this literal Fedposting?

>> No.18546858

>>18546779
>If gold is such a useful store of value, why is all the gold you can buy newly minted coins and bars, what about doubloons or roman gold coins? Why don't we see those being traded around?

Actually you can buy them on APMEX and they attract a hefty premium. Coins minted in Peru in the 17th century even small ones without much inherent value are expensive especially if still in good condition. And Roman coins, are you joking? They’re incredibly valuable, and only rare because they’ve mostly disappeared or been melted down over the last two millennia.

>> No.18546865

>>18546823

If gold was a useful persistent way to store wealth why is none of the trade of it between individuals or even governments in the form of any gold coins more than 100-200 years old? It's only useful for the super rich who have 2000 year old gold coins in a giant vault and billions of dollars, not the average person.

Otherwise you'd have an uncle with some roman gold coins passed down, etc. But all people have is american eagles.

>> No.18546874

>>18546858
>And Roman coins, are you joking?

Why would someone just lose all these 'valuable' coins over time? Not shiny enough?

>> No.18546889

>>18546865
>If gold was a useful persistent way to store wealth why is none of the trade of it between individuals or even governments in the form of any gold coins more than 100-200 years old?

Older coins are of irregular purity which makes them less useful as a reliable medium of exchange than fiat or newly minted 22 carat+ gold/95%+ silver. But because of their rarity they’re actually more valuable on the market than new coins.

>> No.18546909

>>18546865
yfw you discover in other parts of the world common citizens still use gold for large transactions.

yfw you read the news from years ago and discover iran was paid for its oil in gold to skirt sanctions

yfw you discover the purpose of the bimetallic standard

>> No.18546913

>>18546831
Coordinated attack to make you loose faith in one of the only forms of real assets/money.

>> No.18546975

>>18546874
>or melted down

You do realize it’s been over 1500 years since the fall of the Western Empire right? More recent coins are still around more and in decent enough quantities. Spanish silver and medieval coins like Venetian ducats are out there at a premium.

>> No.18546999

>>18546831
the kikes are going to inflate the dollar to zero
no doubt about it

>> No.18547001

>>18546975
this guy is too dumb. stop humoring him.

he's actually suggesting we use pieces of history for common trade.

>> No.18547098

>>18544857
The consumer determines the value.
Fuck biz.

>> No.18547109

>>18546202
Stocks fluctuate more than gold.
Metal is a store of value.

>> No.18547127

>>18546289
Wealth can be a store of value and you can use.
>Gold.
>Silver.
>Guns and ammo.
>Cash.
And literally anything fucking else that people determine they want.

>> No.18547142

>>18546779
>doubloons or roman gold coins? Why don't we see those being traded around?
They're in a museum you fuck.

>> No.18547150

>>18546874
>Why would someone just lose all these 'valuable' coins over time?
How many times have you misplaces small things like lighters or keys.

>> No.18547154

>>18547142

Ok so gold is a useful store of value... for 1500 years and then it's not, and suddenly those gold atoms aren't good anymore. Shame.

>> No.18547188

>>18547154

>>18546557

?????

>> No.18547200

>>18547188

People say gold is a useful long term store of value, but nobody trades or uses 'old' gold over the long term. Makes sense.

>> No.18547207

Gold jewelery witch is thin and cheep it's called inflation you don't want to have a bunch of useless money.

>> No.18547224

>>18547200

people might say that you're an intelligible human. i have my doubts.

i already gave many examples in this thread. others have shown further examples.

if you don't like gold, don't buy it. easy. the canadian dollar has lost 20% per year for the last 3 years against gold. i'm very happy with my investment.

>> No.18547238

>>18547224
>the canadian dollar

Lmao who gives a shit about a cuck countrys fake money.

>> No.18547258

>>18547238
nobody gives a shit about you :(

>> No.18548440
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18548440

>>18546975

>> No.18548452

>>18546865
>>18548440

>> No.18549761
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18549761

>>18546557

"Gold isn't a consistently good investment

The wisdom of an investment decision depends on when you buy and when you sell. This makes all kinds of things -- from dot-com stocks to Beanie Babies -- extraordinarily good investments ... as long as you sell before prices plummet.

Gold is no different, as current owners know; it was a fabulous investment through most of the 2000s, but has lost a third of its value since 2011. This isn't unusual. Check out the returns on an ounce of gold over the past 40 years, based on data from the Federal Reserve Bank of St. Louis. The rolling returns measure performance over various holding periods, each starting a year later. For example, five-year rolling returns are the average annual price changes in gold starting with 1975-1979, then 1976-1980, then 1977-1981, and so on. The "% Positive" is the percentage of times that gold was at a higher price over the indicated period.

Most investments have short-term volatility and ever-present unpredictability, but gold is all over the place. Most investors would consider a decade long enough of a holding period to ride out the ups and downs of a volatile asset. However, a third of the 10-year returns for gold were negative. I don't know about you, but I'm not thrilled to invest in something today that, historically, has a one-in-three chance of being worth less in 2025."

https://www.fool.com/investing/general/2015/03/31/should-gold-be-part-of-my-portfolio.aspx

Relevant to today:

"After the 2008 crash a mistaken view emerged that policies adopted by central banks such as ultra-low interest rates and quantitative easing meant runaway inflation was inevitable. Many pundits argued that gold was consequently set to rise much further as a safe refuge against inflation.

They were wrong."

https://www.fool.co.uk/investing/2020/03/27/dont-fall-for-the-buy-gold-narrative/

>> No.18549778

>>18544857
>they’re still poor as fuck
they are rich larpers getting gibs from gov and unlimited walfare for their kids

>> No.18549790

>>18549761
gold is not investment its insurance and you pay out of your ass for insurance usually not worth it

>> No.18549809
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18549809

>>18544857
How is this even fud. Have wealth out of the (((banking system))) that has performed well over the years.

>> No.18549827

>>18546008
Should have went into bitcoin.

>> No.18549852
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18549852

>>18549790
>>18549809

What is it supposed to be insurance against?

>> No.18549862

>>18549827

Peter Schiff told me it was a bubble.

All in all I'd calculate that I've lost millions of dollars from missed opportunities by investing in gold.

>> No.18550159
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18550159

>>18546487
>it hasn't happen in the arbitrary timeframe I chose, so it never will
nice argument bro

>>18546779
>when shit hits the fan and no one even has electricity, a make believe internet money will be the universal form of currency
the absolute state of fudders

>> No.18550293

>>18550159

Why didn't gold correspond with Q. E. and money-printing before? >>18549852 Why would it do so this time if it didn't last time?