I’m gonna buy an ounce of gold
>buying overpriced assetsISHYGDDT
>>61024108are you a millionaire?
Top signal.
Why didn't you buy when it was $2000 a little while ago?
>>610241171.5M net worth with 80k in cash USD. Literally everything is overpriced rn
>>61024108
>>61024154Why don't you get 5oz and 100oz of silver? If you're hedging your insurance should scale to your nw.
>>61024113Gold isn't overpriced at all and the fact that the US is going to keep cutting interest rates means it will continue to rise
I had a rare 1975 gold Kreuger 1 OZ in 2015 which I sold to pay for summer college after mom stole 12k ("it's just missing, no one can explain that, I'm retired now stop asking for money!") from my college account and then someone on ebay did a fraudulent chargeback but ebay always sides with scammers so I lost the money and the Gold. And it would be worth like 4000 now (slightly above normal market price) because it was a rare issue.
>>61024354History shows there will be a recession in the next 3-6 months leading to deflation as spending falls, leading to redollarization and gold's rise tapering off as risk asset prices fall (nvidia, bitcoin).
>>61024527Bro never sell anything truly valuable on eBay. I only use it for getting rid of junk I don’t want that has a small amount of value ($200 or less). It’s usually worse with any popular consumer item like an iPhone or new Nvidia GPU, or something else that can be easily liquidated like bullion
>>61024354Enjoy getting rugged next year
>>61024532History shows every recession results in monetary easing (aka money printing) as whomever in the White House never wants to catch flak from boomers for falling stock and real estate values.Thus stock prices and real estate number go up as USD gets inflated into thin mist.Getting your hands on boomer rocks is the only way to protect your wealth
>>61024532We're in stagflation and Trump wants interest rates near 0% and Powell's term ends May 2026 rates will fall and money will be printed you will want to own gold
>>61024810Deflating the dollar is also part of Trump's plan to make US manufacturing competitive and also reduce the national debt. He just can't talk about it in public.If people found out USD would lose 75% of its value and it was done intentionally, people will freak out.
>>61024108I need to sell 1 ounce to pay my taxes desu
>>61024846He does talk about it publicly though the purposeful devaluing of the dollar to reduce trade deficits combined with China and other large Asian economies no longer buying USD since the Russian-Ukraine war when the US and Europe seized Russia's USD reserves is what is pushing gold despite the current cost of gold central banks are continuing to buy at record levels and will because now they know their USD can be stolen at any moment the EU is also now using those stolen reserves to fund Ukraine making it even more likely for central banks to continue to purchase gold
>>61024161>Schwimmer
>>61024527That is a very sad story, doremu. Ebay selling scares the shit out of me nowadays.
>>61024113It's way undervalued right now.
>>61024908>the EU is also now using those stolen reserves to fund Ukraine making it even more likely for central banks to continue to purchase goldbingoall paper curencies are becoming worthless
>>61024108Silver is at minimum 2x from here and you can get 80oz for 1oz of gold. Take the silver pill, anon.
>>61024108And I'm going to buy a shitton of KET tonight. We are not the same and only one of us will make it, in time.>>61024137FOMO.
I have a coworker who has been talking about wanting to buy an ounce of gold to protect himself for about 6 months nowHe still talks about it, but says the price is too highIf the price starts dropping though, I know he'll lose interest in gold, thoughAnd I don't really understand his dilemma, he probably earns 140k a year and has a house, buying one measly oz shouldn't be a big deal
>>61026223They are mentally ill
>>61026223I was that coworker till about 2 months ago. Got so sick of being right about my predictions but not having the balls to buy. Gold is a safe have and people don't leave it till the world around them feels stable.
>>61024108do it>t. Just hit 12oz today
>>61024108Should buy the same amount of LOCK, since Houdini makes it deflationary, whereas gold reserves are quite prone to manipulation
>>61024108Wow save some for the rest of us
>>61024108thanks for the top signal
>>61026728good morning saar
>>61024113This, buying is downright retarded. (((They))) know something