I know /biz is mostly just for shitcoins but...WTF is happening with the price of gold??!
I know /biz is mostly just for shitcoins but...WTF is happening with the price of gold??!
Ryder Adams
Adam Johnson
>boomers die
>all their gold and jewelry gets sold to pawn shops
Parker Sanders
looks boring
Colton Lopez
bubble pop, look at the price since before the financial crisis
Easton Nguyen
same as crypto, stocks, real estate etc. The bubble is popping. Hope you're ready to buy the dip
Josiah Gray
shaking out the weak hands. whales are accumulating. leveraged shorts manipulating the market. buy the dip. miners wont let it go below mining cost. this happens every july.
Jaxon Harris
It's generally a lot more volatile than btc.
Lucas Collins
its going down and commie doomsday fags are getting rekt
Daniel Green
Gold has been dropping because of trump's trade war with the chongers. It has strengthened the dollar. Truth is gold hasn't dipped at all, the dollar has just strengthened against it.
Owen Rogers
>Economy is dying
>Gold and jewelry gets sold to afford food
Fixed
Gabriel Miller
Gold goes down when times are good. Also its value is constantly suppressed.
Eli Morris
Do you think the Chinese will be able to hold out on selling their stash or do you think the USD will fold first?
Luis Bennett
Since when Jow Forums was bagholding rocks? I see several shills shilling gold and silver recently.
Daniel Allen
Gold is gonna moon hard. There are a lot of indicators pointing to the economy shitting itself in the next 1-3 years. Right now short term bonds almost have the same rate and long. Anytime they have overcome long term bonds in the past its been a crash shortly after. This chart is interesting too. It's kinda hard to make money when there is none left to take from the population lol.
Julian Carter
I don't think either will. Why would they? Its gonna moon soon? You think there gonna sell it while down?
Owen King
If trump doesn't get reelected, you can almost guarantee there gonna pump and dump the economy so it crashes in the hands of the dems.
Nolan Cox
This happens every year baby boomers are cashing out for reto
Lucas Garcia
Just curious what you think. I'm not sure what will happen. From what I've read the Chinese have accumulated large gold reserves in anticipation of the USD losing reserve status and I'm interested in how it all plays out.
Andrew Cox
Retirement*
Gavin Watson
Tone has been calling bear market for forever in gold
Jason Price
>shaking out the weak hands. whales are accumulating. leveraged shorts manipulating the market. buy the dip. miners wont let it go below mining cost. this happens every july.
lol
Aiden Nelson
Bitcoin is the new gold. People are beginning to care more about the VR and virtual gold and less about shiny jew rocks.
Logan Edwards
You drink monster energy don't you?
Alexander Johnson
Tone is a definitely the dumbest public analyst out there.