The price of gold is inversely correlated with the stock market.
Given that we're heading into another crisis soon, why aren't you accumulating?
The price of gold is inversely correlated with the stock market
Eli Cruz
Kayden Taylor
Niggers can steal your gold but niggers doesn't know what is a Bitcoin wallet passphrase.
Evan Butler
>The price of gold is inversely correlated with the stock market.
meh, that would be retarded. when stocks go down cash goes up.
Parker Hughes
Robert Phillips
how did that work out in 2008 huh
Isaiah Collins
nah uh
Brayden Nelson
REKT
Owen Parker
Angel Collins
Xavier Bailey
fuck off commie
saged
Wyatt Russell
Literally zero correlation
Parker Moore
They cant get to a vault but they can steal ur phone
Thomas Howard
Gold is better viewed as a storage of wealth, its price may go up and down, but it will never be worth $0. Meaning that no matter what, if you have it you will be worth something.
Jack Wilson
so should I have some?
Isaiah Peterson
Some. Not a lot. Somewhere around 3-5% of your net worth in precious metals is a good target.
Nathan Ross
gold is a hedge against inflation user. If the stock market barts the fed will launch quantitative easing and devalue the currency
Logan Rivera
THEY ARE EVOLVING!!!!!!
Nicholas Wilson
I cant own physical gold user, not gonna fucking buy paper gold and get rekt
Alexander Morgan
What if scientists figure out a way to make gold atoms at a low cost?
William Morales
Asteroid mining crashing the market or another Mansa Musa of Mali making a Hajj is more likely to happen before then.
Adrian Jenkins
>inversely correlated
Pretentious
Luke Ortiz
Been accumulating crypto all year, and even though it would have helped my DCA to buy more last paycheck I decided to buy .5 oz of gold and 50 oz of silver instead. It feela refreshing not having all my investment in bits.
Elijah Collins
Your best bet is to have everything from gold and foreign currency to physical things and crypto.
Austin Butler
I'm too poor for gold, so I stack silver. Also, coinroll hunting is a great hobby when your too porr to actually do something fun.
Zachary James
No it's not. It's a commodity that fluctuates like anything else.
Anthony Nelson
Zero correlation would be an average of zero. The average is -0.4.