Why is gold pumping
>>61180664THEY selling mining stocks
>>61180664Dead cat bounce
>>61180664Because risk is pumping, gold is a hedge against risk in the global monetary system.
>>61180664He thought the golden bullrun was over... It has just began.
https://vxtwitter.com/atrupar/status/1981110918609072283we aren't in a serious, real, honest economy
because trump is rugging USD and S&Pit only doomped because whales needed to slurp
>>61180664they want you to hold gold, so they pump it to lure you into it
>>61182857They want you to "hold" gold ETFs. Every advisor you talk to will never suggest physical gold and only recommend electronic exposure. It's because they use the ETFs to short gold, and leverage hundreds of times against the actual thing. The bitcoin ETFs will do the same thing eventually and probably use that to tamp BTC price down as well if they don't already.
because china is working on a new financial system
>>61180666absolute retards selling miners at the moment>OMG GOLD... LE GENERATIONAL DUMPED!!!111!!! AT 5 percent. O M G>SELL!!!!>gold price is still over 4000>silver about to be at 50 againeven after a 5% correction, miners are fucking making bank and profits at the current price of gold, and silver with minimal production, where previously months ago it was a struggle. Precious metals are the achillies heel of commodities, and if they continue to go up, copper, zinc, all the other minerals goes with it. Our world production is dogshit, and shit is limited
>>61182910if the chinks kills the u.s dollar and brings in a gold standard, i will support this
>>61180664Rare merchant
>>61182910Im so glad I still have a Bank of Beijing from my time in China in 2023
>>61182940b-but news told us to sell that its going to crash a lot more!! trump said something and calmed down everyone and gold demand vanished overnight!
It can't just go straight down. It'll retest the 4200 area before it keeps dumping. Take this as your last chance to get out.
>>61182898physical gold also works because the person cannot do anything with it except selling it, and won't work with bitcoin because unlike gold owners of ETFs can audit the bitcoin, or withdraw it easily, and if the supply is fake it will be known sooner or later
Gold dumps like a shitcoin but doesn't pump like a shitcoin. All the risk without the reward
>>61183038News is literally saying it’s a short term profit taking correction and there’s plenty of upside left lol.
>>61182983What are you talking about anon? Touch grass maybe.
>>61184237>doesn't pump like a shitcoin2025 called,
>>61184249Raj got mad
>>61180664i've been on this website too long
>>61180664Look again, it's already dumping.
>>61180664since 2020, fiat value is halved every two yearsit was simply "that" time of the year
>>61184237gold is beautiful to look at, and you can actually touch and lick it
>>61180664Is that so? I started ignoring almost everything until everything stabilizes againthe only thing I have is my npc, and I refuse to look at charts because that means falling back into those damn weird habits where I don't leave the house and doordash becomes my main source of food
>>61180664>he bought?>mine the asteroids
