Stocks are literally a joke.Just buy Gold.
>>61131863While I agree, Gold is going up way too quick. It's gonna crash, but probably when that happens everything will crash with it.
Producer costs are around $1500/Ozt (or less).That's the bottom.
>>61131863You are here
>just buy now after it outperformed those other assetsOkay retard
>>61131863stocks are a representation of the economythe entire economy is fake and gaythere is no progressits all just a downward spiraling circle jerk of stupid shit noone wantswhile shit you actually need just gets more expensiveyou cant eat computers and you cant live in your iphone
>>61132026That's the other side of this coin. If there isn't a rugpull coming up then the implication is that inflation is going to be bonkers.
>>61131863Mental illness.
>>61131863>Just buy Gold.thanks, just sold
>>61132094gold predicts inflation surge, if we repeat what happened during 70s, we should see oil surge next and then everything else including food
>>61131956Corrected.That little bump is because of the stock market crash, what comes after is caused by countries around the world failing.
>>61131956>saw this post yesterday>bought a call>110% in a day
>>61131863That golden cup and handle belongs in a goddamn museum
>>61132207alright, so oil futures it is
>>61131863>just buy the outdated inferior version of Bitcoin This the type of nigga to have advocated for buying stock in libraries instead of Microsoft and Apple
>>61131956Yes. Since the MSM is talking about hopping onto the gold train and $10k/oz, it's likely it'll tank for a while.
>>61131956>>61132268real tired of all these illiterate fucks that can't read a chart
>>61132268>>61132511Wow! Nice cha- ACK!
Usually there's some kind of crisis before a fast shoot-up, like 2008 financial crisis or covid. But what is it this time? Maybe this time the up is forward looking, in expectation of a crisis, like WWIII breaking out over Ukraine.
>>61131863Dude AI and BTC miner stocks are outperforming Gold. Go back to boomer-ass Yahoo finance or Barrons or some shit.
>>61131863gold rallies into recession, which are at the precipice of, same playbook every time
>>61132595That's the ultimate enigma I have been trying to decode for a while now.. the chart knows something. Hopefully an anon with more IQ than me can answer
>>61134968Go ahead, I am listening. Really please, keep on.What should I put my money in right now? I feel its bed time for investing, I should go back in 9 months.
>>61134988Its the fall of the USA empire, people are droping the dollar and running to gold as a stable asset. The dollar used to be that safe asset, but now with trump, it isn't safe anymore, and you guys are been dragged to a civil war or the ww3. You guys failed by electing a senile fucktard who tried to coup your country before, and has a long story of been reckless
>>61135040Let's not try to memory hole the fuckery that went on in those mail in ballots. Im no sycophant for him but the 'coup' if that what you want to call it was anything but that. Also you didn't mention jews so I don't think you have cracked the enigma.
>>61132595Rising inflation with governments cutting interest rates because the labour market is so bad a labour market crash is what precedes a recession and labour markets crash after there's period of no layoffs but no new hiring either which is what's currently happening and slowly it's breaking the way it historically goes which is into mass layoffs which leads into a recession
>>61132595>>61135114>Other senior voices at the banking giant have been sounding the alarm about the current macro environment and the importance of holding gold. On August 11, David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, said the Fed’s preemptive rate cuts will stoke inflation, so investors should diversify into alternative and international assets – like gold – to protect themselves.>Kelly said these rate cuts probably won’t be enough to boost economic growth or raise overall inflation, but they could further inflate housing and other asset prices.>“Moreover, while it might temporarily cut borrowing costs for the government, it could worsen the long-run fiscal outlook by enabling the federal government to run even bigger primary deficits and eroding investor confidence in the Fed’s determination to hold inflation in check,” he warned. “For investors, the persistence of inflation would limit potential capital gains on high-quality bonds, even with the Fed easing or in a weaker growth scenario. It could also, in time, put further downward pressure on the dollar.”
I don't understand why people fall for these charts, they're so obviously cherry picked.
>>61131914>gold is going up too kweek>iz goona crash beekooz I say soat least try to rationalize why crashas rational for it going up is not disappearing any time soon
>*outperforms your shiny rock*
>>61134968Young Streisand was a fine piece of ass
>>61134988>the chart knows somethingI don't know what it is, but it's coming
>>61135040You are dumb, angry, and poor.
>>61136082I thought it was obvious. It's the bond bubble, i.e. public sector cascade default. It will either start in France or Japan but it will ripple across the whole world.Earlier defaults in the extremities of the global economy (e.g. Sri Lanka) were just early warning signs. It's like blood flowing from your extremities when you're seriously injured or dying, its all going to flow to perceived safety. There's a catch though, markets like Gold aren't big enough. What you're seeing in Gold markets is an pathetic amount of capital movement compared to what goes on in bond markets. The other market even remotely big enough to handle a real panic in bonds is Equities.
>>61131863But you aren't looking at stocks, you're looking at a broad market index. Lots of stocks have outperformed gold 10 fold in the last 10 years and not even just speculative stocks, but really safe blue chip stocks like Nvidia, Google, Amazon, Meta etc.
>>61132595I smell smallpox en masse again. Indian immigration to first and second world countries is not a coincidence. At first I thought they were just dimwitted pawns used to launder money for international criminal organizations like the Chinese Triads and the Jewish mafias; Mexican/Colombian cartels as they themselves need money to fund their Hindu/Sikh/Muslim (in the case of Pakistan?) Ultra-Nationalist paramilitaries. However, given that we have all seen the incompetence and inherent immorality of this Caucasoid-Australoid mixed race from the Indian subcontinent, my only hypothesis for why are they all coincidentally immigrating into Canada, the EU and the U.S. is mainly because we will see yet another random disease---this time actually deadly---that will lock us down again and for way longer than COVID-19. This in turn will provoke a massive depression as there will not be any economic movement other than governments themselves.
>>61132595you high IQ beast. just checked the historical chart for gold and it soared in price from 2000 to 2007, with it 'crashing' down and reacing ATH again in 2009. it really seems like the price of gold is an indicator of general market stability, with big soars in price indicating something big brewing.
>>61132207I wish oil would surge as my PF is 80% oil, but if we're also about to get a 2000 x 2008 on steroids, I can't see it going up.
>>61132207Oil shocks were an isolated case - we've killed off regimes that would try this again.
>>61131863We may see a. Pullback all the way to 4. But 4 is the new floor
>>6113695560 dollars a barrel for oil in 2025 feels way offany thoughts?