Again how is this not an obvious bubble waiting to pop??
>>61185563>JEWS
>>61185563easy, it's the stuff that is actually popping the bubble, the bubble being the global fiat system that has no value, expect btc to follow
>>61185563Because it's priced in USD which is a fake, jew printed currency.
>>61185563>bubbleThe only thing that is in a bubble is the US dollar.
>>61185563were all here btw>>61183746>>61183746>>61183746
>>61185563It is a bubble, when assets go up they always form a bubble, thing is that gold is a hedge against risk. When people cash out what asset are they going to buy to invest in? Houses? Bitcoin? Tech stocks? Japanese yen? UK pounds? French euros? Canadian pesos?The bubble in gold doesn't pop until people feel their countries are safe and stable again and that doesn't happen until after an economic reset.
>>61185563Gold is already illogical (It's got "store-of-value" meme dominance though, so it's logical in that regard). So it's price is basically arbitrary.
>>61185563See that run-up in the bottom left in about April 2015?The live chart at that time would look exactly like the one you’ve just posted and people would be screaming to sellGodl Hodlers won. But yeah I’m selling this time lmao
>>61185563Because the dollar isn’t going to deflate anytime soon. This isn’t a bubble in that it’s not overvalued for what it is, if anything it’s under valued and has been for a long time. More inflation means all these assets will inevitably continue to rise in price, that’s just how this works. People seek save havens to park their cash and protect it from inflation, that is to say, gold, bitcoin, stocks, property etc.
Because USD keeps devaluing
>>61185672That's not a 2× tho
>>61185563fiat money has gone up more
>>61185563>Again how is this not an obvious bubble waiting to pop??that's exactly what this chart is displaying you mong : the debt based fiat system bubble bursting
>>61185563Because the national debt is 38 trillion and the retards to votes in office only want to raise it higher while pushing gilded age tarriffs.
>>61185563That's not a bubble. It's a needle.
>>61185563A gold bubble ? Are you retarded ?
>>61185721>stocksYeah, you’re a special kind of retarded
Inflation has been running rampart since 100AD. This is a correction, not a bubble.
New ₩paradigms
>>61185563when do you see risk mitigating? thats your answer.
>>61187843A fiat bubble popping
>>61185563The usual suspects will dump one hour before the WSJ runs an particle about paper gold. It will be hilarious.
>>61185563How are people paying $100K for bitcoins that I paid $100 for?Retail doesn't move it. Gold is just getting started. We haven't even seen price discovery yet.
>>61189300Why did people trade their life savings for tulip bulbs?
>>61189345Tulip bulbs have utility, you can use them to plug your anus, preventing surprise injections of pozzed cum
>>611855633 decade bubble thats paper paper silver the fed has to lower interest rates they lir about inflation they lie their the jews and freemasons cannot do the shit they normally do murican rating in 6ps should have bbb+no higher it was shit
>>61185615What nonsense. You think gold miners and refiners work for free? Their labor, their machinery and the energy needed to mine and refine all contribute to the base value of gold, as does overall scarcity. That is why gold is a store of value - the value is labor/energy, not dollars. That's also why fiat is worthless, because it takes no labor or energy to produce more dollars in an electronic ledger.
