Gold Is Crashing

Well I do own the gold that I've bought because I'm looking right at it. But I also believe the banks control the gold market. Why are the crashing it though is what I'm trying to figure out.

Being replaced by digital gold

$2.00 to go!

Only fools choose certain 7% over potential $1k eoy yolo !

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Doesn't this look like a typical distribution period? If so get ready for that bart

I'm talking about people buying gold stock not the physical thing

buying real gold is a smart thing tho

Peter Schiff and Jim Rickards will hang themselves.

golds not crashing retard the dollar is going up, gold is up in my currency

Is it still worth it to buy gold? I was looking to put about 1.5k in it, just as a hedge, but it looks like its dropping like a rock for years now.

It’s the start of a dollar bull move. Not commenting on how valid the move is moving forward, just pointing out the high degree of inverse correlation.

whales are accumulating

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it's dollar strengthening. metals are getting hammered. eur usd might go to parity

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silver is better buy but not until dollar rally is over. looks like dollar is just starting to wake up

so are prices of things going down?

H-how low is it going to go?

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if eur usd goes below parity to 0.85 handle, then rates start to sky rocket all over the world europe included. this will bring the chaos

Dolla strong nao !
US brought peace to the Universe (again).
Euros go to purgatory for their sins.
Buy Link. USDolla 1k eoy !

bitcoin actually to a degree follows usd too

Gold? what sort of altcoin is it?

Shorting it to 1245, 5x leverage.

That is what I'm speculating on. Long on dollar with 10x leverage since March. 1.08 should be possible. I will jump up and down if it hits 0.9x

Invest in bonds

trade war with europoors incoming. gold will soar again buy the dip

didthesystemcollapse.com/

Dumbass. Buy on the way down never on the up.
You will never lose long term with metals.

Lmao

Rickards on suicide watch

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Explain. FED is doing everything they can to prop dollar and kill bonds. Why you say this.What's your target on UST10YR?

>Long on dollar with 10x leverage

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Time to troll Schiff about his investments crashing

This

Gold isn't an investment you brainlet. Gold is real money. An Egyptian billionaire just out half his net worth into gold... see Drudge Report.

The dollar value of gold is irrelevant. Nobody buys gold to get back more worthless dollars. You buy gold so you have money and wealth for when fiat fails. THATS THE ENTIRE POINT YOU RETARDS.

You buy gold and scoop up properties for pennies on the dollar after the deflationary collapse.

It's only been dropping like a rock for years now because of all the cheap money that's been injected into the system as a result of criminally suppressed interest rates.

The dollar value of gold is irrelevant. Think about it... did gold all of a sudden become valuable when America was born and the dollar was created? Of course not. Gold has been money for millennia. So why would you be valuing gold in terms of worthless dollars when gold doesn't derive its value from dollars existing?

You value gold using ratios compared to other real assets of which is it highly undervalued.

Normal dow to gold ratio is 4-1 and right now it's like 23 to 1.

In Venezuela where their currency has collapsed you can buy a home for 1 oz of gold. That's the play... wait for the deflationary collapse of all asset prices... then an ounce or two of gold will buy you a home outright.

Just like the bellcap in Weimar Republic who had 25 ounces of gold saved up and bought a city block with it after Weimar Germany hyperinflation

It means gold just isn't sound money.

don't buy gold - that is foolish

buy rhenium

NOOO ME POT OF GOLD

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>The dollar value of gold is irrelevant

Only because you project yourself in a world where usd doesn't control everything anymore.

LMFAO

this guy gets it

It means it will tank because the jews are planning to start shit. This is just like before 9/11.

It means its time to get in you fag

care to elaborate?

Haha beat me to it.
Schiffty will be balls deep in BTC by EOY screencap this

Is there anything sadder than a jew losing money?