Why haven't you bought Gold chud?
>>61979646strong petrodollar is not good for gold
>>61979646I have nowhere safe to store it
I fell for the crypto meme
>>61979646I did in 2023. Bought 20k
I have goldI have even more silverSilver has more upsideBuy silver
The price is going down tho
>>61979646Gold is a store of wealth and I'm still young enough to be in the "building wealth" phase. Maybe when I'm old and thinking about retirement, I'll consider converting some of my wealth into boomer rocks and land.
>>61980476how old are you unc? by the time you're old, nobody will be able to afford boomer rocks or land anymore most likely.
>>61979646Who is gold chud?
>>61980494>by the time you're old, nobody will be able to afford boomer rocks or land anymore most likely>YOU GOTTA BUY NOW OR YOU'LL MISS OUT! DO IT! DO IT NOW OR YOU'LL MISS OUT!I fucking hate sleazy used car salesmen.
>>61980510Eh there’s some truth to it. The debt is growing exponentially and the only way to get out is to print. Gold will grow with the dollar.
>>61979730
>>61979646Because it just dumped back down to 5000 today lmao nice safe haven asset bro
>>61980635YOu trYING to hypnotize ME???
>>61980643>fiat currency brain
Everything is dumping for no reason.
>>61980810Wait until the derivative market dies...Two. More. Weeks.
>>61980794The world runs on fiat and your coping and seething won't change that
>>61979646While only a true fool would believe that any of this Iran stuff is calculated or “planned”, there’s may be a silver (or gold) lining. At least as far as metal prices and miners are concerned.The oil glut prior was substantial, and there are currently an estimated 80 million barrels loitering around the strait of hormuz. Along with the strategic 400 million barrels that are being pumped out now, this is not a small thing. The bull case ( or bear case for oil) would be, that through hook or craw the strait opens up somtime this month and the market is absolutely shaken by an unimaginable amount of oil that has too flow out in order to take the wells out of care and maintenance. (See Covid era, actual negative prices) Which, in itself is way too expensive to be feasible for a sustainable time. Trump just showed the world that they are basically idiots who forgot about every single war game ever played in regards to a regime change war in Iran and will more then likely have to make an agreement to stop the war, on more of irans terms then they will even admit. On a broader geopolitical stage, the USA has major egg on its face and reviled the Achilles tendon of the USA. Consumer comfort mixed with zero appetite for foreign wars.
