Does gold designate that stocks are undervalued?
Eh, not necessarily. The S&P 500 isn't cheap by any means looking at different multiples. Gold is a very macro-driven asset which seems to be discounting an upcoming inflation spike and/or a the dollar losing even more purchasing power over the next years.
>>61486901Look at the graph for gold marks to paper marks of weimar german in 1920's, looks very similar
Years next the over power purchasing more even losing dollar the a or/and spike inflation upcoming a discounting be to seems which asset driven-macro very a is gold. Multiples different at looking means any by cheap isn’t 500 S&P the. Necessarily not, eh
>>61486926Similar very looks, 1920’s in german weimar of marks paper to marks gold for graph the at look
>>61486926No that's currency vs gold.I'm talking about sp500 vs gold.
>>61486901>peakingIt's not 2030 yet.
>>61486901No, not at all. Gold is on it's own course now, it's a bet against governments, completely disconnected from normal patterns. And looking at how fast it's climbing, it's clear a lot of ppl are expecting governments credit lines to pop left and right real soon.
>>61486950retard alert, it's still measured in USD on the y axis.
>>61486950That will mean the sp500 will go up but with inflated currency, also look at stockmarkets when fiat goes into their inflationary death spirals
>>61486983Almost all gold is held by governments and it's primary use is to defend or attack currencies. It is not inverse to inflation. If you have an doubt of this go look at what gold did while the world printed huge stacks of cash for COVID. It did shit.
>>61486901How do you know it's the peak? It's only beginning fren
>>61487046lollooks like the indian shithead has found the thread
>>61486901>gold>peakingIf you only knew
>>61486901>since 2000when you cherry pick this hard it pops the cherry
>>61487065kind of insane that we have chosen to go down this road, telegraphed this massively, told everybody as clearly as we can that this is happening...Yet people still don't understand what gold going 'up' means. People really are 99% vs 1% and it will never change.
>>61487230Is there anything that beats gold?
>>61487237You not seeing that if you bought gold in 2012 you had an 8 year wait to break even?
>>61486950You cannot compare them when most of the economy is based on AI, searching for any way to break even all while multiple bottlenecks in commodities, finished materials and energy present have been reached. Fortunately an economic collapse is generally deflationary but this assumes there is a bottom to be found and an influx of money into bonds and treasuries that isn't the federal reserve just printing money like they currently plan on. If you have a credit tightening stocks will shit the bed even harder. If you have no customers, cannot sell products to the customers you do have because they can't be finished or are prohibitively priced, how could stocks be considered undervalued. We've thrown a lot of money at issues that supposedly required capital to solve and they have the money when looking at NVDA market cap but if them having everything they need means dell can't sell any computers and Samsung can't sell any TVs or phones then what's the point? The only thing undervalued are commodities and energy, if they weren't there would be enough to go around. Admittedly the Ram shortage seems self inflicted by manufacturers and that's why communists are going to continue to gain ground because our economy is run by geriatric retards who seem content to fuck the entire game to get one more quarter of questionably good numbers. Gold isn't signaling stocks are undervalued, it's signaling the economy is fucked, banks and smart money are moving to the exits while everyone is concerned about making the line go up at any cost. It's also signaling a lack of trust in not only the US government but all western governments and many others to make good on their debts in both real and nominal terms. If there is no good party to buy bonds from I guess gold is the next best bet.
>>61487264It isn't 2012 anymore
>>61487264This would be important if it was still 2012 and we had the associated $16 trillion in debt rather than nearly $40 trillion but right now everyone that bought in the last 5 years made a killing and most people trying to buy now are concerned with preservation rather than huge returns. As far as that possibly continuing the US government is money printing again and right now allocation of gold to most portfolio's is like .1% which may change based on the past five years of results if allocation was to match recent historical trends. Gold may not necessarily gain much but many feel it will lose less. The only thing I'm actually bullish on is nuclear energy but I think things get a lot worse before that moves appreciably.
>>61487366The driving force of the price is shown nicely here >>61487330 central bank's have been dumping US dollars and buying gold. When the trade war ends and they reverse course again gold will be back in 2012 position.It's not some magical always goes up investment and it's not a hedge for inflation. It has no modern purpose outside of being a way to manipulate currencies.
>>61487383>When the trade war ends and they reverse course again gold will be back in 2012 positionWhy would they reverse course? Kek you think this is happening because of the trade war? This is happening because of the US debt level, the unpredictability of the US government, the demise of the rules based order, and that countries no longer see a benefit in subsidizing the US. Look at what happened to Russia's fx reserves. They were seized with no respect to international law. Trust, the pillar in which fiat currency sits on is gone. Gold is reasserting itself as the premier reserve asset and that trend is not reversing course in our lifetimes.
>>61487402>US debt levelGlobal debt levels in general, actually. The system is fragile and anyone with 2 brain cells to rub together can see this. Gold is the safe haven in situations like this.
>>61487402Dumping dollars as a trade war tactic makes more sense. Once the trade war ends buying dollars to be able to hurt the US dollar again if needed will be required. That's really the only reason China held so much us currency in the first place.The other option is war, in which case investors get fucked either way. Gold will be confiscated as per usual and everything will tank.
>>61486901No its the opposite. Stocks are essentially worthless
>>61487436>Dumping dollars as a trade war tactic makes more sense.Only if you have been living under a rock. China didn't just start accumulating gold when the trade war started. They've been buying big for 15 years now.
Redpill me on the significance of this.Why shouldn't I just start a farm and grow my own vegetables and keep a few chickens for eggs, instead of buying gold?
>>61487451What does that have to do with anything? Are you retarded?
>>61487465>What does that have to do with anything? Are you retarded?>When the trade war ends and they reverse course again gold will be back in 2012 position.I'm explaining to you why this isn't going to happen. Why the trade war isn't the reason why China, and central banks are buying gold. But it seems like I'm talking to a brick wall.
>>61487237Shit is going to hit the fan and we are going to have to do massive QE, not just this pussy QE they announced this week, in order to bring the long end yields down, or probably more likely prevent them from blowing out, which of course is ironic because that will cause them to surge since youre inflating the dollar to death. You can buy bread and the price will explode so congratulations youre rich now... or youre just a guy with some bread. Be smart now guys, store your purchasing power for later, buy gold and silver. Real estate, land, even businesses, this is all stuff that relies on demand, credit, demographics etc which in the western world is NOT there. The only reason gold and silver mining company stocks would not go up more than gold is fear of expropriation, otherwise they will all explode against the metals they mine in share price. There's also probably some stocks out there that do weird shit like telephony in the middle of AFrica or something and they will 10x or whatever as somebody puts a billion to work there as they flee the USA, but it's just not worth the hassle. We are going to enter hyperinflation in the US Dollar system. Wasn't so confident about that sentence in 2021 and 2022 but having just seen the last 24 months unfold like this it's inevitable. This is going to suck extremely hard, good luck everybody.
>>61487402Idiot.>>61487411Retard. >hurr durr denbts means the gubbermint is at its end look russbians are strong
>>61487853you just can't see outside your poverty ridden perspective
>>61486901Blow off top.
>>61486901Gold is mooning because the Federal Reserve completely gave up on any hopes of controlling inflation. They're printing tons of money again when inflation is already running hot and trending upward. The world is dropping the dollar for gold-backed currencies because the dollar keeps dropping in value.
>>61487531based doompostercentral banks do not just run the economy at this point - they are the economy. Everything is finance, real world economy doesn't matter anymore. Until it all blows up, of course.Central banks had a choice in 2020, either let it all go down 80% or print print print it all to oblivion. They chose option 2, and now we're seeing the beginning of the consequences.I guess their aim is to force everyone onto their CBDC chain, so that they control everything after that. The recent push for Digital ID is a big part of that.Either way we're fucked. Gold silver and everything else that can't be printed (tip: stocks are printed) is the obvious play, but that will not suffice. It's open war against the kikes and for now they're winning hard
>>61486901S&P 500 = investing in the USGold = divesting from the US
>>61488026There is no gold backed currency. There's only >Gold>Currencies that are useful (USD, CHF, EUR)>Shit slips (CNY, RUB, etc.) nobody wants
>>61487867Projection from you fag.
>>61486901no? why the fuck would it suggest that?
>>61486926>weimar german in 1920's, looks very similarI checked the graph. It doesn't look similar at all.
>>61486950>I'm talking about sp500 vs gold.In a total collapse scenario gold outperforms stocks but until then stocks are comparable or better than gold.
>>61487853wow, so convincing. is this really the best you got
>>61486901Gold going parabolic means the USD is dying which means stocks and crypto are overvalued.
>>61486901Gold mooning is because of geopolitical tension, which could escalate further and damage international trade. If anything, it means stocks are OVERvalued.
>>61487383>It has no modern purpose outside of being a way to manipulate currencies.You mean those fiat-things based on farts and faith that always end up going to 0 in an inflationary death spiral to be replaced by gold in the end?
>>61487330Of course.The GFC was caused by the USA selling the toxic debt to the world. These securities are the bread and butter of their economic system and are the foundational bricks along with the petrodollar which are meant to replace gold.>oopsThen Ukraine war starts, $300 billion worth of Russian gold blatantly stolen by the USA.>oopsNo wonder there’s a signalling of an end of trust.
>>61488492Most of the assets seized off of Russia were USD reserves, Euro reserves, Yen reserves and treasuries, I don't know where you got $300 billion worth of gold from
>>61488161>>61488452Gold always comes down
>>61487383Interesting way to look at things. How do we, the common citizen, get out of this hell hole? BTC? real estate? some other gimmick?
>>61488492Blyat>>61488495It's too crippling a blow to accept it was the Belgians that seized the assets
>>61486950the sp500 produces almost NOTHING its all service sector crap or big techservices are over priced big tech is worse the top 4 companies in the SP are worth more than the WHOLE FUCKING CHINESE ECONOMY which actually makes all of the world's shit the SP500 as alot longer of a way to crash vs gold >>61487065bingo >>61487264OP's chart is cherry picked so is your timeline but zoom out more, zoom out to 1964 and you'll see what the real winner is >>61487330>economic collapse is generally deflationary not really, like 70% of them but when they aren't deflation youre gonna want commodities > credit tightening doesn't matter we have easily over a decade needed to recover manufacturing in the USA even with AI and everything, thats if regulation is favorable to the US which it currently still is not > Gold isn't signaling stocks are undervalued, it's signaling the economy is fucked, banks and smart money are moving to the exits while everyone is concerned about making the line go up at any cost.beautifully stated
I just don't know what to do
>>61489026Build a house in a good place. Doesn't matter if poo collides with a ventilator or everything keeps going, it's always a good choice.
>>61489026whatever you do: if you lose, the Israel wins. keep that in mind
>>61487330> If there is no good party to buy bonds from I guess gold is the next best bet.is this long-term advice or until the blue and yellow lines cross again?
>>61487368Where do you see BTC in all of this? Since you’re bullish on energy (nuclear), I assume you have some opinion on btc being an energy-driven SoV/currency
>>61489004Gold always comes down. It's happened 2 times in the last fifty five years.
>>61489021Nvidia alone is worth more than the entire GDP of Germany kek
>central banks will sell off gold when the trade war is overAmerica and Europe froze assets of a nuclear power, there won’t be a way back. The future is multipolar and there is nothing you can do about it except buying gold
no gold is undervalued and they're praying there isnt a 10% pullback in the s&p before eoy
>>61490563Russia is at best a second rate power given that they are having this much trouble with Ukraine. It's truly embarrassing that in a conventional war on their own border a fourth tier former satellite has held its own against them.
>>61486901>ctrl+f 'dividends'>0 results
>>61490589They said that in 1980 as well as then you had to wait 25 years to break even.
>>61490712How much of tax revenue was consumed by entitlements + interest payments in 1980 vs now? Printing money only works when others are willing to invest in your bills and bonds. Foreign central banks see the writing on the wall, modt americans are still in denial the good times have come and gone and wont be back for a long time if ever. Look at current day uk for an idea of where we are headed as a dying empire.All empires decay eventually, wont even be too bad in usa during our lifetime... Hopefully.
>>61490781so how do we make the most of it? i’m lost.
>gold overvaluedSilver is undervalued. Gold is also undervalued.
>>61490909Silver had a bottom
>>61486901xau is going to moon i cant post my model here or someone will figure out what im using its going to 7k
>>61490677>truly embarassingIn about the same way it was embarrassing that the US somehow managed to lose over 10,000 aircraft while fighting impoverished rice farmers in Vietnam. Yet did that mean the US was irrelevant?>fourth tier former satelliteThis is a common misunderstanding. Ukraine was the second republic of the USSR. The USSR was basically a union of the Ukrainian SSR and the Russian SFSR. Krushchev and Brezhnev were both Ukrainian. Ukraine had world-leading high-tech industry during USSR times, building everything from high-bypass turbofans and space rockets to nuclear aircraft carriers.>held its ownReally?
