It's literally the Weimar gold marks chart
>>61015536new paradigm!! the dollar is useless!!! everything gilded!!
>>61015536The way Lock chart will look after Houdini burned even more supply this morning
>>61015536This looks like the Kill Bill blood spray deaths. Hot damn.
>>61015536Stackards still haven't broke even
>>61015536we are so early
I just hedged a bit with gold last week and some silver today. Wish me luck /b(iz)/ros.
I don't get how both gold (a "safe haven") and the S&P500 can be at ATHs at the same time. Can both crash simultaneously? Where does the money go in such a case? Are rice, potatoes and beans about to moon like no tomorrow?
Every midwit nigger on biz is calling the top in gold and the Fed hasn't even started shitting itself with QE yet. No one here gets it.
>>61015814Would pic related be (at least in part) the cause?
>>61015814S&P is held up by all the Covid bucks companies are spending to buy every dip while gold is up since the US is running multi trillion dollar deficits trying to prop up the economy. We're in some weird ass uncharted territories and not even the smartest PHD economists can predict what the fuck comes next
>>61015536go baby go baby go baby go baby go baby
>>61015814This happened before in 2021/2022, when the "everything bubble" burst. Money went into the dollar/bonds and also oil/natgas. We might very well see a repeat of that next year.
>>61015846https://brrrr.ytmnd.com/
>>61015814You're missing another pillar - the bond market. Usually when stocks are bad, money moves into bonds and vice versa. This time money left the bond market and went into gold and stocks. People aren't used to seeing the bond market wash out because it's a once, maybe twice in a generation kind of thing. People don't realize the scale of sovereign debt bond markets. The equity (stock) market is like a lake people are used to seeing ebb and flow. But now the fucking ocean is coming over the horizon this time and it's going to be a tsunami.
>>61015814Because investors are running away from something and will pile into anything else. Hmm, I wonder that something could be
If the money is exiting the bond market, and stocks eventually crash at some point. That leaves everyone rushing for high ground and they already lost trust with the bonds. They'll rush into gold. And silver. And mining companies. Maybe BTC if it looks like less of a risk asset comparatively. Shitcoins will be nuked.
>>61015629>broke evenYou get what you pay in, retard. I bought in at $14 for silver. I haven't broke even? I bought in at 1200 for gold.
>>61018161My dad called me up to ask whether or not I got a girlfriend and how my investment in LINK was doing that I was bragging to him about 5 years ago. He said he's probably going to sell off one of the hundreds of gold bars he's been stacking for the past 30 years to buy a practice Porsche. Oh and he said he's also going to start charging me rent now since I've probably made so much from my Internet tokens. I'm so fucking sick of this shit bros.
>>61018179That's a shillbot that shows up in every gold / silver thread on /biz/ and /pol/ spamming nonspecific fud. It's been going on for years.
>>61015846
>>61018203Shill bot deez nuts
