[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


>read /pmg/
>they're all talking about how they're totally not euphoric and gold isn't going to top out at 4500 and crash because it's not like dollars or bitcoins
>"it can't be like the 1970s, this time is different!"
>>
>>61133740
>goldbugs: gold is the new bitcoin, guys!
>bitcoiners: you realize what that implies, right? right?
>>
cry more crypto fag
gold will "top out" around $300,000 an ounce (this is when the system will break down and things won't have a clear price anymore)
>>
silver is the new gold is the new Bitcoin is the new gold is the new silver
>>
>>61133750
if pmfags had experience with a volatile asset they'd recognize delusional fomo when they saw it
at least BTC at 1M is at least slightly plausible
>>
>>61133740
Silly airihead, gold will always have value.
I couldn't see it topping out in 4 digits at all. Don't think it'll go to $300,000 like some say, but it'll easily reach $10-20k
>>
>>61133740
So true, Airi. I wish PMfags didn't have to shit-up the rest of the board. The rest of us don't care about your (((rocks)))
>>
The gold crash is going to be amazing
>>
>>61133740
4500 is too low. Gold is in it's final parabolic curve angle about to input it's 8 year top into a decade long bear market. It's going to top somewhere within the 5000-5200 area as some anon posted a couple days ago
>>
>>61133796
that's the funny thing, it's like seeing the 2018 era fomo all over again. they just aren't evolutionary prepared for the bubble pop because their asset has literally never pumped
>>
>>61133740
It's exactly like the 1970's, more specifically like 1970 itself because the real inflation shitshow hasn't started yet. Gold is going to be $74,000/oz by the end of this decade.
>>
Shiny rock boomers get a tiny 100% pump and develop insane levels of hubris is pretty funny. I guess bagholding for 10 years does that to a person
>>
>>61133796
This. They're literally in the new paradigm phase kek lmao
>>
Cope. The system is broken all they can and will do is print ungodly amounts of fiat currency.
>>
>>61134083
>bitcoin has a mediocre bullrun and everyone had been calling a top for months
>goldbugs smug
>gold gets rugged and bitcoin moons
kino
>>
Is this the crypto cope support group?
>>
>>61133740
bullish into LINK () chainLINK
We have opened SahaatiLABs project for all acceptance of investment TODAY
You will have findings of many fortunes for your curiosity here
We thanked you to having read this
>>
>>61133740
Retail doesn't move gold
>>
We're entering weimar and you fags think gold is gonna crash. The bond market has it's ass and the air and the world already pulled out. If Trump doesn't get his nova plaza accords, the dollar dies. What saved the dollar from death in the 70's and 80's was the pegging to saudi oil and the plaza accord trade agreement. It's not the same conditions. As for your crypto, the US seems to like it, but the rest of the world already made judgment on it with the Basel III capital requirements.
>>
It's a logical fallacy to think /pmg/fags care about price.
If shiny rock goes up, then shiny rock collector was right all along.
If shiny rock goes down, then can acquire more shiny rock for useless paper.

There's no losing.
>>
>>61133740
yes not even metals are immune to the great flush
>>
>>61133740
We are euphoric as fuck because we bet on everyone's worst nightmare coming true.
>>
risk assets are just front running the boomer rock crash
>>
>>61136143
Also in the 80s interest rates went to 18%. If that happened today the US would be paying 6.5 trillion in interest every year which is impossible. This time is different.
>>
>>61136546
It's not impossible because it's just a numbers game.
>>
the average age of pmg is like 60 so you understand why they are clueless about the world



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.