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/biz/ - Business & Finance

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50330771 No.50330771 [Reply] [Original]

>Inflation Hedge

>> No.50330921

>>50330771
The only reason gold isn’t pumping is because the USD is still being used worldwide in exchange for goods by many functioning countries that continuously consume as well as produce. In other words, the USD is highly liquid. Coupled with the federal reserve and the US govt constantly reassuring everyone that “they’re working on it” we have a period of nobody freaking out thinking shit will finally hit the fan.

Once the lies can’t hold up the market any longer that is when gold chads will rise to power.

>> No.50331084
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50331084

>>50330921
Lol. Lmfao.

>> No.50331121

>>50330921
I think gold being low is bullish given everyone in the entire world knows the true financial state of everything. Look at this pathetic statement from Biden, every time h try e gov or the fed opens their mouth I know I’m closer and closer to making it with my gold stack. Read how desperate they sound. No captcha needed on this one boys.

www.whitehouse.gov%2Fbriefing-room%2Fstatements-releases%2F2022%2F07%2F13%2Fpresident-biden-statement-on-cpi-inflation-in-june%2F

>> No.50331172

>>50330771
>BTC
>Inflation hedge

>> No.50331196

gold never gains or loses value, everything else moves relative to gold

>> No.50331215
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50331215

>>50331172

>> No.50331320
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50331320

Gold is an inflation hedge if you buy it at these levels and lower.

>> No.50331374
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50331374

>>50331196
Interesting, how come it isn’t up 9.1%?

>> No.50331432

>>50331374
why would it go up 9.1% just because that's the same as a fake jew number?

>> No.50331618

GDX is up 3% today.