>inflation goes higher>gold dumps?????
>>62781235the power of expected rate ki- err hikes
the market is fake and gay
>oil goes higher>gold dumpsnormal
>>62781235So you believe in that gold is inflation hedges. Haha
Does that say seven hundred billion?
>>62781235>Excuse I would like to exchange this rock for a hamburgerToken not needed.
>>62781235"Gold going up with inflation" is just a narrative and is replaced by "high rates are bearish for gold". Nothing is really true, its all narrative.
>>62781235market prices in rates going higher, its that simple
>>62781235>he actually thought shiny rocks were worth somethinglol, lmao even
>>62781343And countries are selling their stacks to buy oil and derivatives
Waaaaaah it's not happening like peter Schiff said it would waaaaaaah I bought the rocks like I was told to waaaaaaah I was promised a virgin waaaaaaah
>>62781235lol enjoy your bags. I hear gold gets heavy.
>>62781289yes, metals have multi trillion dollar marketcaps
>>62781235Because gold and silver, gold especially are the most liquid assets available. When the bills come due, people liquidate their gold to pay those bills in fiat currency, this causes the nominal price of gold to drop, however behind the scenes are people with excess currency that they're holding who are just waiting to pounce on lower gold prices, and so gold shifts from weak hands to stronger hands, when these buyers buy, it bids the price right back up, and seeing as inflation means the expansion of the currency and credit supply, that means more currency is being injected into the system for others to buy the gold and bid the price up.You're fucking welcome cryptofags, lol you can't eat your crypto, Elon musk is going to build his spaceships out of Bitcoin to go to asteroids moving a million miles an hour and his Bitcoin miners are going to ship gold to earth for free right? Looooool stupid baggies.
>>62781235They never say how much was added to the markets when things go up, only how much was wiped away in a crash. I guess they don't want you to feel like you're missing out on something.
>>62781388bitcoin is doing well
>>62781235The price of gold has been inflated for awhile, demand was high because of speculative investors with tinfoil hats, who are afraid of a another great depression because they watched a youtube video.You can only hold gold for so long, without feeling like an idiot, while you watch the S&P500 hit it's all time high again and again.
>>62781360banks, pension funds and other institutions have huge losses in bonds and expect them to increase, so they sell stocks and paper gold, its not rocket science
>wow did the purchasing power of my dollars go down? Better buy some gold!>no I can't eat gold but if a bunch of other people buy gold too I'll be able to sell it at some later date for 10% more than what I paid for it after taxes spreads and fees!
Metals aren't rocks
>>62781235>I'll take "What is a fake economy that can be easily manipulated with the press of a single red button, and a shriveled up kike pickle finger", for $100, Alex!
>>62781434Loooool Bitcoin baggies are so retarded, for everyone holding Bitcoin, there will only be a certain amount of winners, when they cash out, the rest of the baggies are going to cry for more retards to come in and pump their bags. Monetary lesson for you crypto clowns, the reason why precious metals are not a ponzi scheme is because they have a base value. This base value is because before anything can become money, they need to be valued as a real commodity, and for something to be valued as a real commodity, it needs to have actual uses in the real world. The rain why Bitcoin will always be a ponzi scheme and nothing more is because it has no value as a commodity, you can't eat it, you can't drink it, you can't build anything with it in the real world, you can't electroplate one atom thick layer of Bitcoin onto another metal or surface and then send it into space so it functions are a protective layer against radiation. Bitcoin can't conduct electricity, you can't build a computer with Bitcoin. Because precious metals have real world uses as commodities, they have a base value because there is always a buyer available who wants to use it for something or to use it to create something else. So now you understand why precious metals have a base value before they're even money, the next step is that they have all the qualities that make it ideal as a medium of exchange, that properties are intrinsic to the metal. When these precious metals are demonetized over time because the people become dumber and dumber through wanting convenience, the metals revert back to their price as a commodity which is never zero, unlike crypto, which when people realize is just people coming in to try and make a profit from other people coming in behind them so they can exit, they will lose confidence and it will revert back to its intrinsic value which is zero. Now let's watch these cryptards kvetch and cry lmao pearls before swine.
>>62781388>>62781571holy yap.bitcoin IS doing well.
>>62781467>look at how high the stock market is while the underlying country diesThis is like bragging about how many zeroes will be on our bills >we're all trillionaires!
>>62781235>Can buy metals at cheaper pricesSounds like a good thing to me.
>>62781578>bitcoin IS doing well.from 60 to 80k in five years is not that good, its actually very bad even if you compare to SnP
>>62781592USA is doing great, incel rocktard doomers not so much
The kikery knows no bounds
All the money is being eaten by AI spending.
HODL TILL YOU DIE THEN THE JEW CAN TAKE ITS GOLD BACK
>>62781235This is the weirdest shit ever. All month honds and Voo hsve inversed ea hother. Today everything dumped plus bonds are on day 5 of comming off. I have no idea...
>INFLATION IS UP, WE NEED TO BUY MORE DATA CENTERS OR SOMETHINGhave the goyim gone insane?
>>62781434Lmao replying twice to me? Holy yap take your meds
>down 16% in one dayI'm never going to financially recover from this.
Once you get deep enough in the rock rabbit hole, you realize that insane price volatility on a literal rock at a fixed inflation rate is a feature built into paper markets to keep the people living in the real world doubting it's a safe investment and keeping their money in the casino.
>>62781685Someone should tell the American people that America is doing great then, because they didn't get the memo.
Let me know when China stops grabbing gold at a record pace. Until then, I'll play the long game in which gold and silver have everywhere and always been valuable.
>>62782205Gold and silver are the only things I see people go beyond dismissing and try to actively convince others not to buy. It makes the crypto threads seem civil. Yet its being silently bought up by governments as we speak.
>>62781235>king shitcoin and his little brother dumpedEverything is computer these days
>>62781371On the other hand, I've heard it said, that it's just as hard with the weight of lead.
>>62782257What is a computer made of? Think, ESL.
>>62781235U got goyd!
>>62782313. . . gold
>>62781235Margin calls over the AI implosion, dummy. Gold is among the first assets to be sold.
>>62782313Mostly not gold and silver. Mostly Silicon. And there is no scarcity in the materials needed to make a computer, only in the production capacity of the factories and industries used to make computers. Its ok buddy, your pet rock will break even in a decade or so.
>>62782313What do you buy a computer with,,,,,$ and rock baggies gave theirs away,,,,,,for a dumb rock
>>62781434>>62781578>bitcoin is digital gold!>eth is digital gas!>they’re muh future of muh finance!kek baggie
>>62781571>>62782569Gold and silver are tokenized diesel fuel
>>62781235Cash is King ironically in this.Gold has been inflated from 800$, it's another speculative asset.
