[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 19 KB, 346x346, chad.jpg [View same] [iqdb] [saucenao] [google]
19915203 No.19915203 [Reply] [Original]

>> No.19915272

>>19915203
I did. Hoping it will pump again when Hong Kong markets open.

>> No.19915284

>>19915203
No, there is literally no reason to own gold.

>> No.19915302
File: 2.00 MB, 7704x3240, greaterdepression2020.jpg [View same] [iqdb] [saucenao] [google]
19915302

Stocks are clearly going to the moon.

>> No.19916241
File: 27 KB, 635x628, 1589786281772.jpg [View same] [iqdb] [saucenao] [google]
19916241

>>19915203
and PNK

>> No.19916269

>>19915284
>t. brainlet
study history and economics

>> No.19916328

>>19915284

Boomer rocks

>> No.19916401

>>19915203
how many oz to make it? Suicide stack? How do I run a masternode?

>> No.19916933

>>19916328
It's a rock? I thought it was a metal?

>> No.19916980

Buy kirkland gold

>> No.19917049

Okay
Just as soon as it comes down to $1500 again

>> No.19917052

why gold?

>> No.19917057
File: 156 KB, 1280x960, photo_2020-05-03_23-13-16.jpg [View same] [iqdb] [saucenao] [google]
19917057

>>19915203
Buy Platinum

>> No.19917062

>>19917049
Gold is already cheap as hell.

>> No.19917076

>>19916328

It's telling that the meme is to associate gold with "boomers." That would be because "boomers" lived through a time when gold went 25x, and junior silver miners went 150x: the highly inflationary 70s and 80s. It just so happens that we are going into exactly the same conditions now as existed then, since real yields are presently negative. Perhaps people in future times will be calling gold and silver "zoomer rocks." Although gold and silver will probably be the established money then, so perhaps not.

>> No.19917111

>>19917076
>same conditions
fucking no, not even close

>> No.19917143
File: 210 KB, 2560x1440, gpty.png [View same] [iqdb] [saucenao] [google]
19917143

>>19917111

Gold goes up when real yields go down. That's the correlation. That is why gold went 25x before, and that is why gold started rising again after late 2018, when people realized that the Fed could not allow yields to go up without crashing the market. The only difference between the 70s or 80s and now is one of degree. The financial situation is now a hundred times worse, and gold is going to go up, not merely 25x, but to infinity.