All you retards buying gold now are in for a world of trouble
>something happened once before, therefore it will happen again right nowThe easiest way to spot a midwit
>>62654840>something happened once before, therefore it will happen again right nowThis.
>>62654837>2 more weeks
I'm not buying gold because I bought minors all the way from 4800 to 3950 and then sold at 4590 with a small profit.>mfw would have made thousands if I held just 5 more daysCUNTS
>>62654837It's only 10% of my portfolio - I'll be fine.
>>62654837Funny. You know what also happened during that period? See picrelDo you think donny and walsh are going to raise rates to SEVENTEEN POINT FIVE percent anytime soon?If they raise even 25BP next autumn, I'll be honestly surprised.The US, and the whole western world, is between a rock and a hard place.Raise rates? No more fake money from the money printer, your whole economy relies on constantly pumped up by the fed valuations, your national debt becomes unserviceable cherry on top, uh oh. Literally EVERYTHING crashes, 1929 will look like a joke in retrospective.Lower rates? With 40T of national debt around, petrodollar dying, and everyone already selling as much US treasuries they can? 1T to "save" the yen (check chart) so that they don't go and sell US treasuries and raise rates themselves? Ahah you're funny.The dollar is dead. Everyone knows that. The jews in charge are in the process of finishing off the slaugther of their golden calf, donny is there to supervise that process and then take the blame for it.But don't buy gold by all means, leave the price lower for me.
>>62654837The difference being the huge currency debasement we're in the middle of.We don't buy gold because gold high go higher. We buy gold because fiat are fucked, countries are bankrupt, bonds are fake and pushed below inflation, and the economy is fake. It's a scenario that will bring gold above 6000 in less than a year.
>>62654906What do you think will happen at the end of the money printer age lol
>>62654852>I bought minorsFreudian slip
>>62654956FACTA FREUDIAN SLIP IS WHEN YOU ADMIT TO WANTING TO FUCK YOUR FAT OLD MOMNOT A YOUNG AND HOT CHICK
>>62654919Do you think there is going to be an END of the money printer age? They will NEVER let go of the printer. It's their number one weapon against the goyim. They will just morph it, change its shape.Crisis mode. They need a covid-like happening. They will print a LOT, create the crisis themselves, and then usher in CBDC (maybe attached to some form of UBI) as the solution.When CBDC is in place and enforced globally, it's game over.Gold is just speculation at this point, you're making more "money" inside the system, that's great, but at some point the system will forbid you to own anything inside of it. At that stage, your only real choice is to be a slave or to fight to the death.
>>62654986>lose all money invested in stock market>inflation destroys all cashthis is almost guaranteed >maybe have to fight some government agents trying to steal my gold>possibly die for what I believe inthe small chance of this happening make it worth literaly having nothing
>>62655034based, someone comes at me and someone is going back home in a body bag - maybe it's me, maybe it's a glownigger, maybe it's both
>>62654840This is too low iq for midwit so he probably correct and gold crashesI do think we have one more leg up tho
>>62655148Any God fearing American should go positive KD wise
>>62654837Peter Schitt said we bottomed
>>62654837retarded op is retarded
>>62654910Idiot, you dont know shit, inflation was sky high and rates were like 10% in the 80s and you think this time is differe t
>>62654837Did the government stop printing money and reduce the national debt by being responsible? No?Lol
>>62654910How is the economy fake?US is where all the innovation happens.Other countries just manufacture low-skill shit that we taught them how to do decades ago.No one can innovate except for the US and some parts of Europe.
>>62655270If your strawman intellectual went all in gold in 1930 he would get 1,250% returns over the next 70 years. If he went for stocks instead he'd get 100,000%.
If you have a family, or care about safely getting through the future, get a sensible physical stack and then forget about it
>>62654837>2 year gold chart between 1975 and 1976>Literally from Mike Maloney’s siteNice bait, I’m sorry I fell for it.
>>62654906>$40 trillion debt>$4.5 trillion dollar federal taxes collected>interest rates at 11.25% means every single collected dollar goes into interest payments without repaying any debts
>>62655296Broseph...Gold was here 1000 years ago and will be here 1000 years from now.Was Nvidia here 100 years ago? Will it be here 100 years from now?> just buy index thenSure, but gold to diversify as well.
>>62655241Yep, we think this time is different>In the 80s:The US could (and very often did) point a gun to the head of any nation that even thought about moving away from the petrodollar. The US manufacturing industry was alive and well. The consumer base was experiencing riches that have never and will never repeat again in our lifetimes. The country was 90% white.> Today:The petrodollar is dying, the US military is humiliated by sand people, china & friends are opening planning for a gold-backed currency, US manufacturing industry has been sold and shipped to china while boomers clapped, consumers are swimming in debt and barely scraping by, and the country is racially doomed, with the border still wide open. National debt is only increasing parabolically and nobody wants to buy it anymore.So yeah things are different. Very different. I'm putting my money where my mouth is, you do the same, let's see who was right in 5 years time.
>>62654837Bro an entire year of gold going down in fiat currency? Jesus Christ please let this be true. I've only got a measley 4 ounces, if I get an entire year to accumulate up to ten gold ounces that would be a fucking wish come true.
>>62655400Working on creating biomass humans
>>62654906Pearls before swine my guy, I'm now convinced that all the anti precious metals folks on here are the ones trying to trick others into not buying because I'm pretty much just telling everyone that precious metals are a waste just so I can be buying.Precious metals are the red pill, we must gatekeep the goyim away from precious metals so we can have our revenge, all these fucking debt loving retards taking out loans and all that are all living at our expense and stealing from savers, don't fucking give them the information for a way out. If they wanted to take the redpill, then they would have started by investigating what money is and the history of it, but instead they decided that it was too much for their brains to handle and they'd rather just follow the herd. Let them fall off a fucking cliff with the rest of the goytard herd, it's the least we can do for them. Yes people, gold and silver are just shiny retarded rocks, don't risk getting robbed, if you really want to buy it then buy an etf and feel safe with your currency in the stock market, we're all just larping here and no one has ever been saved by precious metals. The second you buy, is when the price will drop and you'll have made a loss, stick to what the government and banks want you to do.
>>62655386Bro, stop telling the goy cattle how to survive. Remember the fucking goy chose to save barabus over Jesus Christ himself, Jesus illuminated the way out for these retarded cattle, only to be chosen to go on a fucking cross by the goy cattle. Just join in with me and trash talk everywhere about precious metals, and convince anyone who wants to wake anyone else up to keep their mouth shut. Those who take the redpill, they woke up one day and decided to look at the redpill and then take it, anyone you're trying to convince us not even interested in knowing about the redpill on anything. Them suffer, we're so far into the Ponzi scheme that there's no point in trying to crash it, it's things to crash in our lifetime and the goy cattle will be fucked and we can dance on their graves after they starve to death. Don't even tell them "I told you so" when the time comes, we have too many low IQ faggots in this world who would agent Smith you into a crucification than allow you to save everyone's soul.
>>62655402??? Have no idea what you're saying
>>62655422Yeah sorry. You're right. Even after covid I'm still talking to normies like they were real people. My bad.
>>62655386I am aware of that, I'm not blind and deaf and paralyzed. I'm just saying it doesn't matter, and that inflation has been high in the past. Graveyards are riddled with graves of preppers and doomers who thought that time was different. They died prepping and hoarding BIC lighters and tin cans in a world that just goes on
>>62655439As soon as PMs go up 1% you schizoid pm retards come crawling out of the woodwork holding your "I WAS RIGHT!!!1" signs, and then everything goes back to normal and your 15 minutes of fame are done. Enjoy the rerun, remember to sell and dont be a bagholder kid
>>62654837Who /Bayhorse/ here?
>>62654837in the 70s did they print 1/3 of every dollar in existence in the span of 1 year because of a fake virus? was the usa less than 50% white? was the usa overrun with shitskin immigrants? was well over 50% of its spending on welfare? was it impossible to afford a house? were people putting their groceries on payment plans? was the white birthrate 0.3? was half the economy made of fake makework jobs for women?
>>62654906>Japan - and raise rates themselves?When London central bank stopped forcing bank of japan to keep rates at 0%. They were already allowed by US / FED to raise rates, and they did several times , to restart their economy. RN the question was to help them, so fed sold some Euros they had to help Japan.>The dollar is dead. You are on a biz forum , half of this forum is blockchain / crypto. And you don't know where we are heading?>to a new financial system >with a digital dollar >and blockchain / cryptos.
>>62655444> muh preppersBest strawman ever, good job CIAYou keep living in fantasyland where everything is going to be great and the system is totally to be finePreppers keep living in schizo mode buying canned food and 25kg bags of rice while living in a condo in NYI'll keep doing whatever I do, while thinking that yes this time is absolutely different
>>62655416>>62655422>some contrarian jew here.
>>62655469Boomers killed the birth rates of their kids and grand kids, because boomers hoarded over 50% of all assets - money, houses , stocks, bonds, cars, high pensions etc. So, since by pulling the ladder and by not allowing next generations to live, succeed and reproduce.Boomers figured that someone should work low paying jobs, and some $10/ hour work in their huge houses. So they opened the border and flooded the US with 20 mln illegal shitskins.They also had hopes that they would legalize them, and they would be next financial debt slaves in their debt pyramid. >the last one didn't work as intended.
>>62655296And if he bought gold in 1918 he made 100,000,000,000,000x
>>62655241When Paul Volcker raised interest rates to slam down inflation, the USA was the manufacturing giant of the world, government and private dept were a fraction of what they are today, and the Dollar was undisputed trade and reserve currency. Even then, raising interest rates caused a massive recession. Farmers drove their tractors into Washington and surrounded the Fed in protest. It was a dose of very bitter medicine, but the USA was strong and bounced back. None of that is true today. The country is bitterly divided. And the people are stupider and less disciplined than ever before. Interest on just the Federal debt is nearing the inflection point when it shoots up and consumes all revenue. Just the slight uptick in bond yield has the Treasury shitting its pants and for good reason. As for gold, it has already surpassed the USD as top reserve asset globally. China is stockpiling gold as fast as it can. And here's a hint: they are not hoarding gold so they can make earrings. They are accumulating gold so they can issue a gold-backed currency to bury the USD. Go ahead and park your wealth in the AI circle-jerk fiasco. I'll sit on my stash, far away from the thieves in government.
