I would recommend you panic
>>518148790>shiny rock price go up>HABBENINGexplain
I own gold.
>>518148790but i'm just not gonna is all, so, hey....tug on my penis until it squirts before you go...
>>518148790But all of my money is cash and monero
>>518148871Yeah we're cooked
>>518148790If you buy gold how do you know that it is real gold and not some chinesium gold plated lead? They do this all the time lol
>>518148871India superpower 2050 or something
>>518148871Gold is on an uninterrupted tear for about two years, doubling in that time frameGold prices rising is a signal that people are fleeing out of the Dollar and other currencies into safetyThis is a total loss of faith This doesnt happen in normal cicumstancesThe entire monetary system is imploding right before our eyes
Got my stack.
oh my science the nothingburger index has hit the happening threshold
>>518149228And when people stop buying gold because it's just a rock, then what?
>>518149522the point is that they arent
>>518148790>gold price up 46% over the past yearOhhhh wow>there are over 400 individual stocks with gains exceeding 100% over the past yearYou fucking loser idiot LOL
>>518149228Did you learn the first rule of this website?Nothing Ever Happens.Also my crypto went 4x in these 2 years and I can buy and sell and pay with it anonymously all over the globe without ever fearing that someone will steal it.
>>518148790when you buy gold, you just got a lot of gold.Not super useful.
>>518149823>Did you learn the first rule of this website?>Nothing Ever Happens.except it is
>>518149228its almost like we're about to pull an exit scam. almost like hmmm.also zoom out, this didnt happen in 08 or other recessions so this one's rare.>>518149522it's a rock with a lot of great applications and was chosen as a defacto fiat currency alternative, so people won't stop buying, you'd have better luck getting tulips to skyrocket in price again.
>>518149917Inflation is normal every now and then.It's gonna deflate once the AI bubble pops and all the trillions that got ((invested)) in AI magically disappear from the economy.
>>518149228I warned them and warned them and warned some more.They don't listen they love lies.The righteous people will be alright
>>518149806Probably not, since the people who own the world use gold as their NFT. It won't be allowed to be obsolete. But at the end of the day it's just a rock.
>>518150047>disappear from the economyWhere exactly will all that money go? Please be specific.
>>518149990No buys anything using gold lmao but you buy everything with money. Gold is a jewish controlled asset for eons and it is now as well. It will probably pop once everything else pops.
The rug is about to pulled on shitcoin and it will be the end of crypto. Screenshot this for the future. It'll happen by 2027. It'll make FTX look like a Christmas party.
>>518150117>it's just a rock.and youre just water and fleshnonsensical statement
>>518150189didnt say people buy shit with gold but ok, i hope youre right and it all pops though based esl fag.
>>518150283hes a shill
>>518150247If only...
>>518150143>trillions of money get invested into datacenters just in the US in the last 2 years expecting exponential returns from AI.>Nvidia got a lot of this money but also construction and energy companies.>0 real return from AI as companies don't cut on real waste - HR, finance, managers etc.>companies that bought data centres lose all their investment as all these GPUs burn out in 2 years or so.>stocks crash bringing Nvidia down and other tech and nontech stocks too.>etc.Basically at least 10 trillions of dollars will go down in this cycle. The 2008 crisis was chump change when compared to this.
I will continue to have no assets and life will go on.
>>518150283No one buys anything*, but you get the point. You won't keep your gold when your stocks crash, you lose your job and have to feed and house yourself. Gold is a liability for regular people and not an asset.
>>518150500lolyoure a fucking idiot
>>518149820>Same 400 individual stocks will jackknife down to record lows>Gold stays the same if not higherIt's not about making profit, it's about storing your wealth without it losing value. Pajeet.
FPA is finished!
>>518150393Well yeah, this is how the Global Elite get richer. It's a big club and we ain't in it. Stock market, crypto, trading is all a scam for the elites to get rich quick. Trading isn't meant for us, it is meant for them. Always has, always will.
>>518150619Don't post here, go guard you gold lmao, someone can steal it anytime and I doubt they would get punished in Germany even if caught. Americans can defend themselves but you would just go to jail if you try to stoo thieves.
>>518149056Buy gold Maples in person, ez
another rug pull shitcoin?
>>518150465Based
>>518148790>HACHING HACHONGWROOOOOOOO YOU NOT NICE
>>518150658Nah, in every trade there are winners and losers. This isn't about short term, it's a ticking time bomb that gets larger over time with more money being burned for nothing. It's the wet dream of the elites, getting rid of intellectual labour, that's why you see so much investments. The later it explodes the more damage it will do and I bet that the indebted US government would not be able to bail out anyone involved.
>>518149522A rock that does nothing and just sits there has higher gains than whole companies working to make (shitty) products and provide (shitty) services.It seems that making things shittier isn't profitable and just not participating in the economy anymore is the best decision one can make right now.Stackers, NEETs, people who leave the society are becoming better off without it.
>>518150725funny VPN, CIA monkey
>>518148790You'll do better buying vintage cars/equipment. Anything of actual physical value in making.
>>518148790You cannot EAT Gold.
>>518150658the only time it wasn't an elite's game at least for crypto was when it took 26 coins to buy a pizza, nobody gave a shit about crypto, and a computer could actually mine it. but yeah it got taken over, expect exit scam soon
>>518148790japan's money printer is going to go brrrr with the new female pmshe wants a 10% flat tax when they're the most overindebted country on the planetevery fucking country in the world is just brrring
>>518150958Based Hans
>>518151034No one wants your old toys boomer.
>>518149522Bitcoin is just numbers, dollar is just paper
>>518151424I do, anyone that knows what shit is being put into cars past a certain date do.
>>518148871>Go up?No anon, it's the dollar falling like a rock
>>518151424Not a boomer. Just been here a long fucking time.
>>518149522In thousands and upon thousands of year of history people always liked gold quite a bit despite only recently it finding a more practical use in electronics.
>be me, poorfag retard who works part time at fast food and cant even do that right>financial kike psyop nothing burger crash happens>still a poorfag retard who cant do anything rightoh the humanity! I need to panic nooooooooowwwwwwwww!!!!
>>518148790us gold bugs have been saying this is it since 2022 buddynone of you fags ever listen and now it's too later to enter
>>518149522>And when people stop buying gold because it's just a rockIt is quite literally not a rock. You fucking mongoloid, stop niggering up my language.
>>518149522some of you just need to commit soduku already. you're ngmi
>>518150646Fucking kek.
>>518149056communist china finally accomplished what 2,000 years of alchemy couldnt???based
>>518151163Yep, there is a pattern and it happens every single time. Once scheme A gets milked, they pull out, and reinvest liquid assets into scheme B, rinse and repeat. There are some normies who get lucky, but most people end up losing their liquidity. It's a giant casino. The house always wins.
>>518148790AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!
>>518149056When you buy a share, you don't actually own the gold, you own the value of 1oz of gold. If for some reason they discover that all the gold we have is fake, that will actually work in your favor since gold will spike up in price due to supply shortage. >>518149820Gold is a commodity, stocks are speculative. It's not the same. The reason why stocks are spiking is because the value of the dollar is plummeting (and because every country printed trillions of FIAT in bailouts during the pandemic, you don't have a relative currency to compare against, so everywhere you look it looks like gold is spiking up.It's not. Our dollar is just becoming worthless.
>>518151513If you want a non-gayed vehicle just go down to beanerland and buy a Hilux Champ
>>518148790Why is a Chinese posting financial advice from Germany!
>>518149522Biggest buyer of gold is the reserve banks.
>>518150117>it's just a rockWrong, you fucking retard. Metals are not stone.
>>518152207it's japanese idiotlook at the bottom
Here's the real price of gold for you fellas, it's the Gold to Silver ratio (since our currency is Jewish FIAT garbage everywhere but the Jews can't hide the cost of commodities). If you look at this graph you'll actually find that the price of Gold is decreasing due to a supply spike that's invisible when looking at a Gold to USD chart.
>>518152041It would do the opposite effect. The facade would completely destroy the value of gold stocks. Elites get all the gold + liquidity, joe schmo who bought "Gold bonds" will come out empty handed with all that investment transfered to the Elite. They get the gold and your money, you get nothing.
>>518151251gold in yen is hilariousyou can hear the nips at the counter saying the yen is toilet paper i don't fucking care just buy it at any price
>>518148871They're gonna just turn all of the 1 and 0 off with their switch. I truly believe the power will go out sometime soon idk for how long but when it comes back our bank accounts are wiped. I'm mentally preparing for this.
>>518148871Trump is destroying the dollar because he believes retarded things
>>518152559Banks are insured and you don't care about the physical gold, you care about what you can convert to cash to buy your bread. If the banks ever find themselves in a position where they cannot cover someone's stock, that's when you organize raids and start hunting down both the politicians, the bankers, and all other Canaanite worshippers of Moloch (in Minecraft).Also refer here:>>518152507
China has been aggressively accumulating gold.
>>518152757They understand that too. They know the dangers of the game and that its all one day away for that house of cards to tumble. The elite are building offshore bunkers to escape from the peasants when the peasants realize they got played like a fucking fiddle.
>>518148871It's not that gold is going up, it's that the USD is in the shitter.
>>518151251>>518152573thanks for the infoI didnt even know that
>>518148790I bought gold earlier this year :)
>>518148790I will not accept any amount of shiny rock in exchange for land, guns, or ammo. Good luck convincing others when shtf
>>518148790Most of the demand is foreign. From a bank level the brics nations are buying up a lot of gold. From a retail standpoint a lot of demand is coming from India and other developing economies. People don’t know about investments, historically you invested by buying gold. TLDR it’s not “habbening” it’s just seeing excess demand . Also usd index has been weak since Trump took office we lost about 9 or 10% . I doubt this trend will continue, if it does it will be my a few points.
>>518148790Why is this antisemitic trash allowed to be posted on this forum? Where are the janitors?!
>>518152478I don’t speak SEA monkey. I wouldn’t know.
>>518149990>fiat currencythat's not what that term means in the slightest.gold/silver/metal/etc real tedious to acquire/reproduce assets are money.
>>518148790the fuck are you talking about? i'm about to become rich!
>>518148790Stop buying shiny rock, buy more experiences.
>>518149522>>518149228>>518148871WOW EVERYONE NIGGERS, SPICS, RAJEETS, AND OTHER MILLIONS OF SHITSKINS WILL REALLY CARE ABOUT GOLD DURING A COLLAPSE WHERE THERE'S NO FOOD & WATER. TOTALLY WON'T SLIT YOUR THROATS AND CANNIBALIZE YOU. LMAO. INCLUDING YOUR PETS.
DON'T WORRY YOUR COUNTRIES ARE ALREADY COLLAPSING DUE TO MASS MIGRATION, COMMUNISM, AND OTHER FAGGOTRY. I BLAME THE BOOMERS AND JEWS. PLUS THE NON-WHITES AND BITCHY WAHMEN.
CALL YOUR SENILE POLITICIANS CONTACT YOUR OBESE POLICE OFFICERS AND FEMALE OFFICERS WITH THEIR NOSE-RINGS THAT WILL STOP THE COLLAPSE. KEK. POOR GULLIBLE NORMIES.
ALSO RUSSIA IS FUCKED AS WELL SO NONE OF YOU CAN FLEE THERE, HAH HAH NAH-NAH NAHNANANA. ENJOY THE MILLIONS OF RAJEETS AND MUSLIMS AND NIGGERS AND MYSTERY MEATS AND GYPSIES NO RE-FUNDS INBRED GOYMEN
>>518148872That's irrelevant In this context, the price of gold is being used to point out how bad the economy is. Your good may be "worth" 80,000 dollars, but who will buy it? Gold is good hedge against long-term inflation, but in the short-term total destruction of the dollar, not so much. It could be months or years before you could do anything with it, but would it be safe?The problem isn't that you have gold, the problem is that you are the only one on your street that has gold.
>>518149228>Gold is the only way to keep your wealth!>here I will give you some in exchange for your dollars/eurosEverything is fake.
I sold all my gold stonks last year when there was a nice big bump and I saw 5 digits for the first time ever. Bought a car I didn't really need and am regretting it. Kill me.
NOW THAT ALL THE RUSSIANS ARE DEAD IN UKRAINE WE CAN BRING IN MILLIONS OF INDIANS // AFRICANS TO THE NOVA-RUSSIA. KEK.
THIS IS WHAT JESUS WANTED THIS IS WHAT LENIN WANTED THIS IS WHAT WASHINGTON WANTED STOP QUESTIONING G O Y M E N
>>518148871Imagine you're in a car, and trees move around outside of your windows. Suddenly, the trees are moving very quickly. The car is the dollar and every currency set to it. The trees are gold.
explain to me like i'm a retard why i should panic>t. i'm a retard
>>518148790kek Satan worship pedophiles are about to kick of WW3 and get normies to die for pretty paper but sign tappers are jumping ship leaving them with nuclear bags.
>>518153392Bro, bunkers can’t grow food or build you iPhones. The elites can’t hide, all they can do is hope we don’t do away with them like we did during the French revolution.
>>518156059>Bought a car I didn't really need and am regretting it.Car is still a useful asset.
Every time there has been an economic crisis there have been ways to kick the can I think we have exhausted all options and I don't see how things ever get better
>>518148790I was complaining around covid when I was having to pay $2400 an ounce. Now my wagie pittance of fiat shitcoin not even buys half the gold it used to. I basically got a -60% pay cut since covid since I transfer most of my money to gold.In the 60s, min wage was a silver dollar. That's like $65 + premium for a coin now, so like pushing $75. And I don't want to sell anything now and take profit because I may never afford to own it again. I was counting on slow increases in value to continue stacking.
>>518156407This isn't really more panic-worthy than the general situation, but basically gold is a sign of instability and specifically insecurity about the US economy. This is driven partly by the insecurities of individuals, but it mostly means other countries are stocking up on gold in case shit goes down.
>>518148790About what? What is with all the krautflags showing up in the last 48 hours all posting dumb shit? Did Israel only batch some german VPNs into their ranks or something?
>>518156533Depreciating asset*Fixed it for you
>>518151145Yes you literally canhttps://youtube.com/shorts/n_-5Tob_EJQ
>>518156803A hamburger is a depreciating asset, but you can still eat it.A money printer is a depreciating asset, but it pays for itself lmao
>>518148790There is more money in a few tech stocks compared to gold.
>>518149228>Gold prices rising is a signal that people are fleeing out of the Dollar and other currencies into safetyThe biggest perceived safety post covid seems to have been the S&P 500, especially the "mag 7," though.Whole thing's fishy...
>>518150047>It's gonna deflate once the AI bubble popThese early investors and founders seem to disagree.
>>518148871Should i overdraft my bank account?
>>518148871It's the bi-annual goldfags screaming "the sky is falling" thread
>>518156695youll get more when the world turns to mad max fren
>>518148790>oh wow heckin gold up 46%Meanwhile my riggetti stock is up 3800% in 12 months. Gold fags are delusional
>>518150393I saw a whole table of fat fem empowered managers pigging out at applebees
>>518157047no the stock market is also losing value against gold
NOOOOO NOT MY GOYBUX HOW WILL GERMANY & AMERICA GIVE MONEY TO ISRAEL & THE NIGGER COUNTRIES NOW!!1 NOOOOOOOo
>>518151424Lmfao you are so retarded i bet you drive a beat ford focus your parents bought you
N O T T H E E C O N O M Y !!1
>>518148790>the financial collapse is here
>>518157491>>518157491>>518157491NOOOOO A DEBT BASED USELESS CURRENCY IS LOSING VALUE WE SHOULD ADVERTISE WE HAVE NIGGERS, JEETS, SPICS, AND WAHMEN WITH FLABBY PUSSIES. THAT WILL MAKE GREEN LINE GO UP & MONEY PRINTER GO BRRRRT LOL LMAO THE JEWS & ROMANS KILLED GOD... FOR THIS TIMELINE. SAD.
>>518150393How bad is this gonna be?
ATTENTIONAll anti-PM posters are jeets until proven to be kikes.
Repeat after me: Silver Ends the Fed
I got rich buying silver, and gold, and platinum
>>518158168Silver Ends the Fed
>>518157870just put a stop loss.
>>518158214hello palnice you made it here
>>518157870I could see the move to gold having to do with investors getting ready for tech to crash hard.
>>518149228>people are fleeing out of the DollarThe dollar is not great, but it's not bad.
If you're panicking, you should realize it's too late for silver and gold, and that it's time to invest in steel and lead.
If gold gets driven up to $100k/oz, I can finally pay off my student loan debt
>>518158920yes, all currencies are sinkingsee here >>518152573the japanese Yen even more
Line go upThats good
>>518157617Even if you have never worked a day in your life, chicken tendies still have to be made by a wagie, Anon.
>>518149228what will the world reserve currency be post-USD collapse? Gold? I cant imagine it'd be something China is interested in.
>>518148871
>>518149228dollar is literally pumping as we speak
>>518150055>I warned them and warned them and warned some more.>They don't listen they love lies.>The righteous people will be alright
>>518159338Funko Popshttps://youtu.be/raOBHxLFHoE?si=Sx2M87K1MQ2Qc7eQ
>>518159376That pic is wrong, gold DOES go up in value, the green line goes upward.The population keeps increasing (mostly jeets unfortunately), so per capita there's less gold and it's becoming scarcer, so the gold value is actually going up.
>>518148871It's on a march upwards. People keep calling it a rock which is beyond stupid. It's an important commodity used in medical equipment, electronics(everything's gold plated) and a million other things. Silver, copper, platinum, palladium are also moving upwards in the past several years, but gold is the standard bearer in metals. The physical metals market is one of the few places that financialization cannot succeed in suppressing inflation. We can increase food supply, we can increase oil production/increase efficiency/use biofuels in automobiles, but we can't plant and harvest metals. I own silver primarily because the market is rather small and stuck in a situation where demand constantly outdoes supply due to solar. Anyone who doesn't know metals should just buy a basket of all of them in an etf.
Reminder that this is the spot price, and not the actual price you buy or sell at. Dealers have massive markups. Most people will lose money on gold unless they hold it long term.
>>518148790Sell.
>>518159697
>>518149228Man I finally have money to invest. Do I pour everything into gold and silver? Bought VTI and SCHD to dip my toes in.
>>518159466against other worthless currencythey are all imploding against Gold
>>518160047High grade base edition holo Charizards and Mox Jet/Sapphires
>>518159330>>518159330>>518159330I'VE WORKED 12 HOUR SHIFTS SHUT THE FUCK UP WEIMERIMUTT NIGGER
THAT'S RIGHT G O Y M A N YOU SHUT THE FUCK UP WHEN A SCHIZO IS SPEAKING. DUMB NORMIES.
>>518159803>>518159803>>518159803BASED BASED BASED
>>518159561Did we get +20% world population last year
>>518156023value of gold is consistently going up in all currenciesso which economy are we talking about here?
>>518148790So i see finance is like art, only ancient is real.
Whats your rank when the fiat scam finally explodes /pol/?You are at least Marquess tier, aren't you?
Gold vs silver, which to buy rn?
do people seriously think rocks or paper will save them if the system collapses? buy a fishing rod and a kettle
>>518151424I do. Their shit was better.
>>518149056Buy swiss.
>>518149911>when you have money, you just got a lot of paper>Not super useful.Ah yes, that's why people still kill and rob each other for it.Fucking idiot.
>>518160743Start with a 1oz Gold Maple or Eagle and two tubes of either silver maples/eagles and scale up based on that. 1oz of gold for every 50oz of silver. Then once you have more silver than you could reliably carry out if a burning building quickly just go gold.
>>518161138Thanks anon
>>518160472>>518159561
>>518161280Now do the same for silver>silver mining>available silver per capita>silver consumption
>>518161333I can already tell you silver is severely undervalued compared to gold. There's like a 16:1 ratio silver to gold in the Earth's crust, and historically it has stayed somewhere in that ballpark, 10:1 - 20:1 price. Just knowing anything about history it should be immediately obvious.
>>518148871Gold is widely regarded as a hedge against inflation. Typically when the gold price starts moving, that means the currency is going through some fuckery
>>518161333Grok shit this out for per capita. Was less than I would have guessed.
>>518161636This is annually
>>518161243Fwiw though I've been stacking for 20 years and I wouldn't buy at these prices but if you have absolutely none then it might make sense to get in a bit. I never thought I would see silver at 65 CDN an ounce in my lifetime but it happened which is fucking scary honestly
>>518156035
>>518161722Anon, the way things are ripping that 65 CDN will be considered "cheap" in a year.
MY GLD CALLS!!!! YIPPIE!!! :DDD
>518156035>Swiss Jeet is consistently the worst poster on this websiteIncredible job
>>518161722I have some silver, but I figure that buying at any time is just hedging against inflation of the paper money you currently have. After a few years it won''t matter. I remember when I bought silver at 28 and was pissed when it dipped.
>>518149228Gold was the original bitcoin - and better than it.Limited supply (except for what is mined, which requires work - just like bitcoin)Has real world use/benefit (just like bitcoin)Doesnt require any computer to sustain it (bitcoin fail)Gold can't be easily traded worldwide (bitcoin can)Gold has physical properties that make it wanted for manufacturing (bitcoin has none)Gold is pretty cool, same with silver and other precious metals. Same with just buying land.
>>518161543
BTW, healthcare fag. Should the precious metals surge be concerning for hyperinflation? Will I hve to give a sperm sample to buy a brisket?
>>518162295Yes, and maybe the Chinese will buy it if you're white.
>>518162403Spoopy. Seriously.
>>518149522>And when people stop buying gold because it's just a rock, then what?People buy gold when everything else is risky and they're more afraid of inflation than the price of gold going down.Basically, a significant rise in gold means fear. And I'm extremely fearful. I'm only surprised it isn't much worse.
>>518162470On the bright side, the price isn't being jacked up so much BY the inflation itself, but rather by people and governments shitting themselves, which bodes for future inflation.
>>518162578>but rather by people and governments shitting themselvesInteresting
>>518148790>I would recommend you panicKinda bummed I had to sell me gold early to support myself while the vaccine mandate was keeping me out of work, but I am still sitting on a very nice portfolio of 60% in my 401k, 10% silver, 20% guns, and 10% meme tokens.
I'd sell most of my gold to pay off my last mortgage but I'm only paying 5.4% and I think its worth $8000 an ounce.
>>518162669Yes, they shit themselves, and then they have to buy gold to get over the humiliation and feel more secure. China, for instance, wants to be a big boy, so they have bought a lot of gold.
>>518148872a heart of gold :)
>>518148790I recommend you buy JNUG
>>518149522You've clearly never held a piece of gold in your hand or you would know
>panicwhy? i only did what /pol/ has been suggesting the last four years. i exited crypto and the share market and stacked silver and gold. i'm far from a city and could self subsist for around four years. thanks /pol/, you are always right
>>518162891Congratulations, but it's kind of a "You have built a hunker before the asteroid impact but now there will be 10 years of darkness" situation.
>>518162698They let me freeze my mortgage for 2 years because of covid for a ballon payment at the end and I played with btc and gold. Sitting on my gains.
>>518148790and btw, gold mines ARENT opening or being recommissioned, so something is definitely weird
>>51816297610 years? that would basically drive humanity back to about the iron age, likely earlier. i know that it has occurred before and will again, but i was hoping to see the leftards get camped and/or exterminated along with their commie handlers beforehand. looks like will have to settle for world wide destruction, which was a close second in my preferred happenings.best of luck anons
>>518148790>chink UI go fuck yourself.
>>518154051This.
>>518155899>crashing the economy with no survivorsWas always the plan. Trump is the economic hitler that will stop right wing nationalism for ever getting support again.
>>518149056dont buy barsbuy government bullion coins
>>518148790>"Germany">Chinese lettersYeah just not going to fall for your wumao propaganda Chang.
>>518160711I was a baron but also had 4 ounces of gold.I sold it all earlier this year to get a house build started which I suppose means it did its job but I wish to God I was able to keep it. Fucking banks.
>>518148790FIAT currency always lose value in time even if it's a global one like the dollar who now worth nothing.
>>518164003It's just a metaphor. Meaning, yeah, it's good that you're in a better place than most, but if the world is shit, that's still not exactly fine.
>>518149522It has beauty that people cant resist.
>>518148790I miss George W, now that was an economy
>>518153264Because the US and Europe stole Russia's USD reserves which exist as numbers on computers in central banks BRICS and non-Western nations are not buying USD but instead buying gold not point in buying USD when it can be stolen from you
>war starts in Jewkraine>"I should probably buy some PM">paid $2300/oz for bars and $39/oz for SMLs (Canadian prices)>even with the exchange rate and retarded premiums on silver I'm greenI will not DCA at these prices, including equities. If this is a depression incoming I'll buy distressed assets on the dip. If this shit increases anymore it will cause demand destruction without industrial demand. No one cares when shitcoins do this but physical assets and central banking collateral running this hard is papering over something retarded. I'm sure it will be central bank digital beanie babies.
>>518149056get a fucking metal checker
>>518150465
>>518148790Global financial crisis 2.0 Electric Boogaloo gonna happen in 2026 right?Good thing I also stocked up on Pokemon cards, those will be the new fiat currency when USD dies kek
>>518167573You should have got involved in PHYS and PSLV in your RRSP & TFSA to quickly and easily profit on any sort short squeeze related blow off top, all tax free of course. The risk of such a squeeze is very real in this environment.
>>518152507this makes no sense to me, since this is just a ratio of 1 oz of silver to 1 oz of gold, they are both controlled by fiat prices. maybe i am retard tho
>>518155899pajeets are the biggest buyers of gold, buying gold is poo-coded
>>518156023>he has cashI have property and gold.
Who knew that printing infinite money and taking the whole world into an inflation death spiral would be a BAD thing? Don't worry, AI will save us all, unless of course it's all one big techbro scam like the last dozen techbro scams and AGI isn't actually possible with glorified chatbots, in which case the one world government is about to completely crash the economy into the ground and everyone is going to get stabbed over a tin of beans.Anyone still holding fiat at this point is beyond delusional. 20% of your assets should be gold, the rest should be food and shelter as far away from other people as you can get.
>>518150393Don't forget all the bad corrupted data from botting and shilling that is being treated as legit being sold as real human sourced data and used for research/planning. Big Data industry is also fucked along with advertising and propaganda(it was almost all bots). Big Tech is also gonna get dragged down. The whole tech industry is SUPER fucked.
>>518148790>taps the sign
When Hyperinflation hit Venezuela gold dust would buy groceries.
>>518168705Immigrants will work in the service economy for minimum wage. Women and their low tier, work from home, laptop jobs will be made unemployed.Men with real jobs were always on top but now the distance between them and women will be widened even further.I hope you have a job a computer program cant do.
nothingburger, imagine if:>have 10 oz>it's only 39K, barely enough to live 1-2 years without working>it's a pain in the ass to sell 10 oz of gold, not many shops would have the $ to buy it all from you, and plus they wouldn't wanna buy at what looks like a local top>meanwhile, some fag who bought 10 btc is way better off, is a millionaire, and can easily liquidate it
>>518168889We had inflation of 20% one year. Did you buy anything with gold then? Inflation is still high but its much less than that year.
>>518148790Sell all your gold, sell all your assets. In about 6 months-1 year's time, convert your cash over to bullets, food, water, or gasoline
>>518168933PMs got cucked by crypto and btc...this pump is nothing compared to where prices would be in a world without crypto.
>>518168423Anon, the US dollar used to be tied to (backed by) the price of gold at $35 an ounce. If the current price of gold is $3950, you can divide that figure by 35 to see how much value your dollar lost since 1970.(It’s currently 1/112.86 the value of what it used to be.)The market isn’t peaking, it’s actually flat when compared to gold, what is losing value however is your dollar.Basically, we entered hyperinflation and the government (the Jews) isn’t (aren’t) telling us.
>>518168933delusions of cryptofags
>>518168965>convert your cash over to bullets, food, water, or gasolineUnnecessary. I dont live in the US so an economic break down doesnt mean mass violence.
>>518168933Bitcoin is a ponzi scheme and I have out performed it over the last 5 year with property. I am low risk while bitcoin is nigerian prince email risky.
>>518168958> 20%You have no idea...
>>518148871Picrel is all you need to know
>>518168986Sure would be a shame if the BTC trust garbage in unsophisticated investors retirement accounts shit the bed and the government banned it huh because... MUH RUSSIA or something. Would be a giant red herring once the ability to convert to fiat was made nearly impossible, all so they could take pressure off the decade they spent accumulating g-OHhhhhh...:(
>>518155899Goldless timmy cope kek
>>518148790Why I have plenty of gold and silver
>>518169090So you are buying things with gold right now? No?
>>518169105>comparing log to linearYou might actually be retarded.
>>518168999This > the aren’t telling us Food had doubled or more in the last 5 years, I think most people know
>>518169105Isn’t posting this in Germany antisemitic?
>>518168999Pretty much this
>>518168437Its amazing how wrong you can be when you put your mind to it. Firstly central banks buy more than consumers, and if you're comparing consumer markets Chinese, buy more than pajeets. Also this isn't a consumer driven gold bull run. It's the rest of the world's governments realising what untrustworthy Jewish cunts Americans are when you had the bright idea of stealing Russian money. Anyway, go back to Walmart and don't think too hard about why everything is more expensive.
>>518162148This is because FIAT reduced the demand for silver bullion so it’s artificially low, but gold is still the gold standard for measuring the value of currency. Buying silver stocks won’t work until some governments start hoarding silver, and that’s when it will return to that 20:1 ratio. And no, you buying silver coins won’t do shit to those prices since private banks can flood the market from their reserves.
In the last year, I've seen the two properties/homes my right-away goes across get foreclosed on, and this week three for-sale signs popped up at homes I've noticed were purchased in the last year or less. These people are all finding out that the debt was "free money" after all.Meanwhile, the fed and USG are sweating bullets as the lose control of "index stocks always beat gold" narrative, which will unwind everything.Sorry, just repeating shit that was already said by people smarter than myself... but I do enjoy it so. Feed the jews (usury) and you deserve what you get.
>>518161636You would need to ask grok how much above ground stock of gold/silver is available for purchase, not how much gold/silver exists because it's going to give you the "reserve" amount. The reserve amount includes metal in the ground.
>>518149056Paper gold is absolute cancer, the bond/real gold ratio is at the very least 10 to 1, which means it's worth shit. So like the other anon said buy coins, they're easier to use or sell if the need arises.
>>518169533Anyways, to gloat and roll in my enjoyment further, I was swearing that I could go to sleep right now, and wake up with gold above $4k... but now I'm thinking different. Maybe the USG knows that I secretly want to be surprised at $4k gold ounces, so they are waiting until tomorrow.I almost cannot contain my excitement. Sorry, this has been a deeply personal, and garbage post. Please forgive me niggerfaggots.
>>518157491That long term chart only looks good for gold when starting from the year 2000 ishIf you do it starting from other years it doesn't work anymore.
>>518167457Exactly this. The west used their sanction threat up the moment they seized russian central bank assets. Biden and the EU also destroyed the dollar as the reserve currency in that moment. Believe it or not, the USSR feared this would happen after WWII(which it didn't) and moved their dollars to a european bank, this created the "eurodollar". Eurodollars are any dollars existing outside of USA monetary system. So when lebanese/costa rican/chinese/europeans/saudis have US dollar accounts with non-US banks, these are eurodollars. And the total value of eurodollars is GREATER than the total value of dollars in the US banking system. This means that as people move away from the US dollar over the next 20 years, they'll dump their dollars back into the US monetary system, and since over 50% of dollars are outside the US economy, the US could see 100% inflation over 20 years which is much higher than normal.
>>518170029So let me see if I understand... Homer Simpson started paying off credit cards with credit cards, and so shit will blow up eventually.Sounds like a problem for anyone still pretending to give a shit about the USA or USG.To me, it sounds like a good time to be a hermit! Download some more movies to watch from my hermitage while the USG sorts it's house out, or not... my money is all in gold, buried all over this area. I honestly kind of hope I croak before I even need it, just for the lawls.Sorry, one might thinking I'm putting on a glib nature about this... it's just that it's so damn funny.
>>518170194>So let me see if I understand... Homer Simpson started paying off credit cards with credit cards, and so shit will blow up eventually.Basically yes. When saudis or chinese sold goods to america, they received US dollars. They received a lot of dollars in the last 50+ years. These dollars were sometimes used or invested in the US(bonds, equities, other businesses) but with so many dollars, they would transfer many of them back to their banks in their home countries. These dollars became the backbone of global trade, going from one foreign bank account to another. The US was able to maintain a trade deficit so easily because foreign countries could take the US dollars they received and go spend them in other foreign countries. Chinese want to buy oil from iran/saudis? US dollars. Saudis want to build a city in the desert? Pay with USD. Buying gas from russia? USD. The whole point of a reserve currency is to facilitate global commerce. But when that currency is weaponized against a major country, like in 2022, it loses it's primary function. Now everyone has to ask, "am I next?" and everyone starts hedging their dollar exposure by converting dollars into something else of value like gold.
>>518148790Gentlemen. Are we ready for the great reset?
>>518148790>I'm a goldsmith>Have to buy the stuff before I can sell it for a profitFfffuuuuckkk I hope I don't get priced out of the market
>>518148790I sold 50% of my physical gold last year when it broke through the previous record.>t.retard
>>518169229Yeah but they hide it with the “core inflation” model and basically cook the books in a way to keep the general population from knowing too much.
>>518148790meanwhile kikemedia do this
>>518170477Sorry, I was playing stupid so I could be glib about watching the USG fuck itself into a corner. Didn't mean to trigger another response from... whatever country you work for. I would never waste CPU cycles of LLMs like that of such poor, third world countries seeking to pick at US problems while ignoring their own.(hey, I extend my paranoid to cover all bases)
>>518149056You can use a sort of specialized x-ray style machine, in sure you can get a jeweler or smith to let you use theirs, or just drill a hole through it to test it. Otherwise just buy bullions from a reputable merchant
>>518169845kek
>>518152507Silver to $100 is no longer a meme
>>518170477Short and precise explanation. The countries are getting ready to back national currencies in gold, but it seems they are all expecting that SHTF and it will have to rely on a lot of them doing it simultaneously to keep their countries running. They will then need an international trade measurement and instrument to evaluate currencies by their gold backing.
>>518156059"gold stocks" is hilarious. paper (electronic actually) ownership of a mineral that exists somewhere far, far away. how's that going to help you in SHTF
>>518152573Debasement on display. Other commodities would or should show a similar chart.
>>>518170167>>>518170167>>>518170167New thread before this one gets chopped.Some stupid Russian nigger made it but it’s pretty much the same thing we’re talking about here.I’m moving there if you guys want market info.
>>518148790Serious question. If we see a total fiat/stocks meltdown, wouldn't this be quickly followed by a collapse in gold/silver prices? Wouldn't most people would have to unload to pay mortgages (and other debts, but primarily mortgages).
>>518170566You can only hide so much with propaganda. The USSRpoors figured it out in the 1980s without an internet.>>518170618That's good, you can never be too hedged when it comes to paranoia.>>518170620I think magnets work a lot of the time.>>518170869Silver to $150 is not a meme. Solar is consuming 200 million oz per year and growing. The market was relatively balanced before solar became such a big consumer of silver. Add in investor interest and the price could go to $200 on a spike but that's pushing it. We're likely to see sideways movement for a year or two before the next move higher.
>>518171032Yes, but when some form of society recuperates, gold will be the standard again. You shouldn't keep all your assets in gold, you should keep most of them in supplies that will be valuable in the case of total collapse.
>>518156803not in this market you fuckin nigger brokie. also tell that shit to my 2025 camry se that gets 50miles a gallon and 650 on a full tank
>>518171115> You can only hide so much with propaganda. The USSRpoors figured it out in the 1980s without an internet.You have more faith than I do. Beef is literally 100% more expensive than it was before 2020 and people are acting like that’s normal.
>>518168999This. Cumulative inflation over the last five years is around 40%. Gold and other assets are simply reflecting this debasement.
>>518171032Yes, people would probably be shaken out and forced to liquidate to pay debts/short term needs. Then that asset in theory should recover and be exponentially more valuable once that distress selling stops and malinvestment works its way out. I would think some people are smart enough to buy metal after a few years of short term needs in food/tools/land/booze/etc is in the bag and not before. It would in theory retain and increase its value after the correction.
>>518171115> Solar is consuming 200 million oz per year and growing. Solar was a green meme before AI started sucking electricity out of everything. They (the Jews) also wanted everyone driving electric cars by 2030 and that whole dumbshit idea flopped hard.
>>518155285mutt iq
>>518171176>>518171290Wouldn't the real play to be to wait for the shake down then?
>>518171317>wanted everyone driving electric carsThat's where you're wrongEVs were always meant for mass-demobilization.There isn't the energy nor the resources nor the energy to replace every car with an EV, so it boils down that you don't have a car in their planned future.Fuck them
>>518171669Yes, but can you time the market? I can't. What are you converting to buy the distressed assets if they are down at the same time? I personally just DCA (until recently, if the wars expand I might start again).
>>518171741>Nor the political will
>>518171751DCA is obviously the correct strategy if you cannot time the market. If you're talking about a 2008 level crash though that's pretty hard to miss. Everyone is strained right now so there isn't much dry powder (cash) to hold to buy up during a crash.
>>518170566They'll just keep modifying how the statistics are measured. There is a reason why Shadow Stats exist and use older, more reliable, trustworthy models.>>518171032Hard assets and supplies are still good. Stocks are risky because they will rugpull everyone on the way out. Precious metals are reliable because they will be money and after price discovery explode in value.>>518171317They never built additional electrical production or upgraded transmission. Same reason why the electric vehicle recharging stations flopped(power cables couldn't handle such draw so fast).
>>518148790i was buying gold and silver, had a girlfriend, loved life.i know sold all my gold and silver, my girl friend dumped me and im in debt.too late for me bros :(
>>518171032Yes, but then whatever country people are in will need to establish a new currency that will also require trust to be used by the people and foreign trade partners and this is where gold comes in, provided there's a society still standing. This is why land is invaluable and more valuable than gold during a crysis, provided you can defend your claim to it. It's like a return to the French physiocratic school of economic theory.
>>518148871it means kikes (not you since you have no money) are transferring wealth to metal rock because they have insider info that shit is about to go down
>>518149911>when you trade your monopoly money that some kike literally made up for real money you just have a lot of real moneynot super useful? explain plz
>>518173205>This is why land is invaluable and more valuable than gold during a crysis, provided you can defend your claim to it. It's like a return to the French physiocratic school of economic theory.Yeah, especially about land being the most valuable.
A gold bar just flew over my house
>>518149228Canada and other cuck nations are driving the price of gold up by giving visas to truckjeets etc.they do not diversify and simply buy GOLD (mike myers voice)
>>518149823>without ever fearing that someone will steal itkek
>>518149228observe the dates.look at how quickly things can spiral.now ask yourselves- >are the jews we have not "not as bad"?
>>518149820mate are you adding up single digit gains of different stocks until they add up to 100? thats some real bottom of the barrel understanding of gains my sweet moron
>>518158214So you traded your fiat for precious metals...then...back into fiat?Interesting, sounds like some kind of jewish pyramid scheme
