GOLD IS RUGGING MY BASTERDS
>>62459930Saaar a tiger tank needs 64tobnes of godl basterd!
still overvalued
>>62459930SHINY ROCKS
>>62459946Tiger Tank?
>>62459993Saaar a v2 rocket needs 200 tonnes of silber blody! Not to mantion compoooter parts in your iphone madarchod!
BLOODY BASTERD BITCH I CALL YOUR MOTHER A GROUP
I am beheemed bloody
>>62459930Fucking retards>asset is rugging better sellThis is why you will never make it
>>62460231Metalbergs never stop dishing it out but can never take it. Deal with it nerd.
>>62460231Hope your overvalued shiny rocks keep dropping
It'll never be under 4000 again in the lifetime of a greenland shark.
>>62460231Its just seething cryptobros down 50%+
>>62460231>Gold goes to $2000>"Cool, I'll sell at $3000">Gold goes to $3000>"Well if it goes to $3000 maybe I'll actually sell at $4000">Gold goes to $4000>"Next stop $5000!">Gold goes to $5000>"Next stop $10,000!">Gold drops to $4000>"BLOODY BENCHOD BINTCH DO NOT CLICK THE REDEEEEEEM BUTTON DO NOT REDEEEM THE GOLD SAAAAAARS. WE ARE THE PMG MARINES AND WE ARE NEVER SELLING"
>>62460324Gold is unironically a jeetcoin
>>62460378>Gold is unironically a jeetcoinOnly if you don't understand the meaning of per-capita.
>>62460311
>>62459930>real things are getting cheaper>benchods are panicking
>>62460239>>62460288>>62460320>>62460324>GLD 5% portfolio allocation rebalance as needed>sell covered calls>use cash to accumulate growth and div yield stocks>sell covered calls on stocks>use cash to accumulate more assetsNever sell, generate cash, accumulate stocks. /biz/ is full of actual retards.
>>62460442The reason gold is dropping is expectations that interest rates will be higher for longer
>>62460556This is a good thing.
>>62460311>>62460422Wow. Any idea who took this photo?
>>62460556in English doc
>>62459930China is slurping and floating an alternative gold exchange in Hong Kong. Singapore is next. They know EXACTLY what they are doing.
>>62460625Goldbugs will literally blame anything but Indians manically buying up precious metals for a year for the reason for the pump, and now that the Indians are selling they need an excuse that doesn't involve getting hyped up over price action from jam boys.
>>62460378where's Israel
>>62460625Low interest rates => inflation and high asset pricesPeople thought Trump was going to try to pack the Fed with super doves. However, there was no support in the senate for this. When he in the end nominated Warsh, this was a signal that he had given up on his plan to pack the Fed with doves, which caused the massive gold drop back in January.Also, the Iran war meant a spike in inflation, which means interest rates will be higher than previously thought and might even be raised
>>62459930Everything is going downBears won
>>62460636Literally not whats happening but sure
>>62460636You can see in the gold price chart the exact moment when Trump decided he would nominate Warsh
