Nobody has a fucking clue.
>>62005700Not needed>inb4 muh industrial demand10x more gold is mined in a year than is used for industry
>>62005700Because i bought
>>62005700Why shouldn't they have dumped today? Do you understand what "volatility" even means?
>>62005711saying gold is not needed is willd
>>62005700Notice how paper silver prices, PSLV and SLV haven't bounced back like the spot price did. Big players are dumbing the Shares while taking advantage of the fall in Price to buy Physical, this could be the begging of a negative correlation between Physical and paper price
>>62005726Is it too wild for you zoomer? Deadass on god no cap?
>>62005746frfr
>>62005718this, happens every time.hell I literally bought Google at 340 this year, which miraculously turned out to be the very fucking peak of its value.then I sold at 325 just to buy silver at 100, which hasn't recovered yet either. and those are just this year's failings.maybe I should give my remaining cash to mommy and then she can give me an allowance every week, I'm clearly not qualified to handle money.
>>62005722Some people just need stories or 'reasons'. Couldn't be me.
Dollar went up, this is why PMs rugged.
>>62005718>>62005766It's because you are sheep and unable to front-run the herd.
>>62005700bubbles pop occasionally, even golden ones. Wasn't it obvious it was building up to that? Gold and silver too.
>>62005700No rate cuts means less money into speculative assetd
Its technicals bro, gold bullruns last like 10 years and have 1 big pullback. We are in year 6 so if we are lucky its a pull back to 4k then slow pump to 12k, might be too optimistic tho
>>62005700some selling shinny rocks to get cash and buy oil/energy which will go to the moon.also crashing hard asset like shinny rock so they can slurp it harder.I hate women.
>>62005700Private equity liquidation to cover pitfalls.
oil up = you lose simple as>but I'll just invest in oilyou'll get dumped on repeatedlyoil is all the downsides of day trading with less potential for gains
chinks are dumping their gold to buy oil.
>>62006468black gold, if you may
>>62006537texas tea
