OK, this means the war in Iran isn’t going to end anytime soon.Because if the war were really coming to an end, the price of gold would skyrocket.
>>536768386>this means the war in Iran isn’t going to end anytime soon.no you absolute mongoloid, the war is not going to end soon so that means the gold prices are going down
>>536768386>>536768679trump said the war is ending in two weeks you fucking stupid fucks
shitcoin tier economybut at least trump has finally proved that the emh meme is a retarded lie
AIEE MAKE IT STOP.I have a fuckload of money in gold
AAAAAAAAAAAAAAAAAAAAAAAAAA
>>536768722Not to worry, I just made it stop.
>>536768722>MAKE IT STOPNo, it should keep falling so I can buy more gold.
Please crash more, I want to buy some gold.
>>536768386Why is it dumping? Wtf is shit manipulation?
>>536768386Nice assertion. Where's the argument?
>>536768386the futures market is all fucky right now, as everything is getting manipulated through paper contract printing. Oil is a great example, but silver is as well. Solar panels and EVs both increased their sales by 50% since the war started, but silver has crashed.Just accept cheapies and wait for shit to correct.
>>536768386I told people to sell silver to make a big purchase when it was over 100
amidst a class war, the establishment wants to direct your attention to a manufactured "culture war" and the blackmailed/financed heads provided to youaka faggots for the establishment, curated and astroturfed so faggots in the pocket of the state can manufacture and steer narratives amidst bot legionsforced immigration to keep their debt slave system functional while funding the other hand to demonize and misdirect contempt(*pretext to erode civil liberties)so focus on the gossip and finger pointing while their paymasters loot the country and poison the air supply so (You) can own nothing and be happy
>>536768780>Wtf is shit manipulation?>Oil prices are rising.Because oil prices are rising, and you do not have enough cash on hand.If you want to buy oil, you must sell gold.Because gold is the only hard currency you can use anywhere.A massive sell-off of gold will cause the price of gold to fall.
>>536768947You need oil to mine more gold and silver.Only retards would sell gold and silver to buy less oil than how much oil you need to mine the amount of gold and silver you're selling.This is a retard dip, buy the cheapies.
KABOOM
>>536769164Let’s be serious. This is essentially a vicious circle.You mine gold to bolster your economy,but soaring oil prices force you to sell your gold immediately, otherwise the country will soon grind to a complete halt due to a lack of oil.This leaves you with no spare funds for other purposes.The higher oil prices rise,the more gold you are forced to sell.Yet oil is a consumable commodity that is difficult to stockpile long-term.Ultimately, this leads to your country exporting vast quantities of gold, plunging the economy into crisis.This is particularly true of Japan.As a net importer with virtually no domestic oil production, Japan’s economy has already been thrown into turmoil by oil shortages.
what the fuck do I hold other then gold? Stocks? Crypto?
>>536769436Everything is a gamble. Pick your poison, according to your risk tolerance.If you're risk-neutral then you just dump money into anything with the highest expected returns (e.g. all-in on equity).If you're risk-averse then you may want a cushion of cash earning risk-free interest rate and use parts of the income as "vegas money" on riskier assets.
Good. Cheap gold means I can buy more gold wire for metalpoint drawing. It’s a consumable for me
>>536769773Literally this. Markets have become so detached from reality that speculation rules everything and can change on a whim.
It looks like another everything down day.
>>536769869>I can buy more gold wire for metalpoint drawingThat sounds like a very expensive hobby. Are you an artist?
>>536768679NO IT DOESNT FUCK TARD. HOLY FUCK PEOPLE HERE ARE FUCKING RETARDED NO IT DOESNT GOLD NEARLY HAS A 1:1 WITH THE SAP 500 FOR THE LAST YEAR FUCK OFF
>>536770324It doesn't use that much gold for it to be an issue. The real cost back in the day was the treated paper, and even that today is cheap. Also you can do the same with silver and copper, which are both much more preferable for the way they oxidize and produce a prettier colour for the line.
>>536770324I am, but he is right that it doesn’t use much. A 2 inch section of wire can make hundreds of drawings. I use it as underderawings for my painting as silver darkens when exposed to sulfur and graphite pencils smudge into the paint>>536770574Ideally i would use platinum or palladium so that the underdrawings dont darken and show through the paint. But finding 19 gauge platinum wire is difficult.
>>536769436>what the fuck do I hold other then gold?I’d bet that next year, the bursting of the AI bubble will trigger a global financial crisis.I don’t trust any financial investments that aren’t backed by physical assets.Apart from gold, you should invest in physical commodities such as food or fertiliser.Due to the outbreak of war in Iran, India and Europe have already missed the spring planting season because of fertiliser shortages.This winter, international food prices will rise by at least 30 %Many people will starve to death as a result.
>>536770753The ceos of those tech companies, Altman, thiel, musk, and Ellison should be fed rheir own intestines
Whatever happened to auditing Fort Knox?
>>536770674To be honest, in the current economic climate, being an artist who works with precious metals sounds rather risky.You’d be better off simply using precious metals to create sculptures, which you could sell if necessary.By the way, could I have a look at your work?
>>536770904I mostly paint pictures Can I post a catbox link?
>>536768386Let me know when it's $1400/lb again
>>536768722kek same/biz/ told me not to buy AI hardware stocks like INTC in september 2025. Now I have to go back to work again.
>>536770936That was in the late 17th century
>>536770928>Can I post a catbox link?Are you drawing on Catbox?
>>536771479No, I just dont like posting traceable photos back to the archive
>>536771758isnt litterbox the one which expires
>>536771789Yeah. I was talking about the various archive sites
>>536771758Ah, I see. You don’t want to reveal your personal details.That’s fine.Still, I do think that using precious metals for painting is too risky in the current economic climate.I reckon you’d be better off using precious metals to make jewellery or small sculptures.That way, even in the toughest times, you can still make money by selling the precious metals themselves.
>>536772417 Managing privacy is a pain https://litter.catbox.moe/lvid9vnri03nxxe9.jpeg. I can sell them if need be. I have about 200 usd in gold wire, and a decent amount of silver
>>536772657Your paintings actually look quite good.But to be honest, when the financial crisis hits, artists will be the first to starve to death. (Unless you can become Hitler, that is.)Because people who can’t even afford to eat won’t be buying paintings.You really need a Plan B, and you need to start preparing for it right now.
>>536768679War means gold is being spent (by governments waging it) - gold prices go down.
>>536768386>>536768780>Gold prices are falling sharply>this means the war in Iran isn’t going to end anytime soon.That does not track with historical trends in the least. In literally every previously war; gold has increased in price/value. Uncertainty tends to be bullish for gold.Turkey and Dubai have been selling gold to float their economies during the Iranian conflict.Oil is quite high and in limited supply, and necessary in all modern economies.This flood of gold into the market has dramatically increased supply and dropped prices. Russia and China have been happy to slurp up said gold at a discount during this time.I agree that this conflict will never actually end as long as Israel and/or Iran exist. But gold's price dropping has nothing to do with that.The price drop is quite temporary. The conflict is not.>>536769436Rabbi Warren Buffet would say cash. Cash until the end of the crash, then purchase what you wish at a fraction of the cost.Also, you technically haven't lost until you sell. Unless you are holding options or derivatives in which case; good luck dingus.
>>536776931I plan to stockpile as much gold as possible.Because gold is money—the only currency that retains its value during an economic crisis.Once the war is over, the price of gold will skyrocket.I believe that after the dollar depreciates, our government will adopt the gold standard.
>>536776931Gold does poorly against near term inflation, high oil prices means higher inflation and higher interest rates, you're economically illiterate
>>536776931>The price drop is quite temporary.Gold is going back down under $500 an ounce, and the central bankers will take a victory lap.
>>536768386You see that doesn't make sense at all. Gold should be going UP during uncertain times. Probably some states are offloading big amounts. I'm going to buy some today.
>>536779296See >>536779106You're also economically illiterate
>>536769436Could have slain on RAM and hardrives but we missed the boat on that one lol
>>536768386>>536768679>>536768698>>536768708>>536768722STOP THE LINE FROM GOING DOWN!!!
>>536779296>Gold should be going UP during uncertain times.The primary cause of these outcomes is the extreme dependence on oil in Iran and around the world.Iran has blocked the Strait of Hormuz, creating a de facto monopoly on oil shipments.This has led to an absolute shortage of basic necessities.Oil prices have risen, fertilizer prices have risen, and food prices have risen.Imported inflation has emerged.Countries in the Middle East and Africa have been forced to sell off their gold reserves to prevent their economies from collapsing.Without gold, you might starve to death in a few months; without food, you would starve to death in a matter of days.
>>536769436Maybe plant some nut or fruit trees, or a garden, set up solar power on your property since energy prices *could* skyrocket
>Stocks, bitcoin, Gold/Silver all moving in the same directionThey are trying to suppress the price so no one will buy gold and silver. They are trying to block all the exits so no asset is attractive. They want everyone invested in the you will own nothing digital economy and everyone needs to be impoverished for that to work.
>>536769436DONT PANICSELL PMS DUMBASS
>>536769436Load up your Sportsbet account and watch womens volleyball and cooking shows all day like me
Nothing fundamental has changed in the financial system and i agree with >>536779833 and also >>536770753In the near future we're gonna see a market crash like never seen before, it will make the great depression look like a small dip.Use the chance to get a greater stack at the bottom
>>536773907Im not really qualified for anything else. Suck at math and computers. My Ii. Is grounds at a university so I just do gardening/manual labor. My city lost half its population during the deindustrialization of the late 20th century. Aside from thet, I could fuck people for money but I don’t want aids. Cant do shit
If they can make precious metals volatile and crash less people will buy them and that is their objective. The prices are fake and completely managed by algorithmic traders dumping futures contracts. Clown world will probably have to die for true price discovery to happen.
Oh good a pullback
>>536780252>If they can make precious metals volatile and crash less people will buy themMy government is currently hoping for a financial tsunami that would cause precious metal prices to collapse.It doesn’t matter if that means oil prices rise to $200/barrel.Because they are planning to restore the gold standard.Before that happens, they need as much gold as possible—the more, the better.
>>5367687801. Expectations that inflation will cause interest rates to remain high2. High fuel and fertilizer prices force cash-strapped fuel/fertilizer-importing countries to liquidate gold reserves to stay solvent
>>536768386Gold prices are going down due to inflation concerns, and the Fed raising interest rates (which makes owning gold less attractive). This also applies to silver.
>>536768722kek baggies
>>536780245Maybe you could try getting a job at the police station drawing criminal sketches.If you’re lucky, you might be able to work as an art teacher for rich kids.If you’re really at your wit’s end, go work at McDonald’s.The key is to stockpile as many supplies as possible. To protect against the devaluation of the dollar, it’s best to convert your money into precious metals or food.You need to start saving money like crazy right now.Don’t travel, don’t buy coffee, and don’t buy clothes or any unnecessary luxuries.At the same time, find a job that guarantees you a steady monthly paycheck.Otherwise, you really might starve to death when the financial crisis fully erupts.
never sell assets. if you have a strategy and pick with modest common sense stick to your chosen assets. price fluctuation is normal. cash is worthless. pm/stocks(select)/land all good. never fucking sell. buy that shit and leave it to rot in the account forever.
>>536768780Take the discount while you can because it might not be around for too long. Gold is the USA's #1 top export by value at the moment and has been for a while and its all going to the East. For some silly reason, China have reduced its oil imports by ~40% since the Iran nonsense started. China is either setting us up for a kill move by demanding oil when our SPR is at its lowest, or they are doing it because we are trading them gold for time.
>>536780245>I just do gardening/manual labor.Thats unironically a rare AI proof job.
>>536779649>without food, you would starve to death in a matter of days.If youre actually a Chinaman then you might want to eat more than just rice. Get some weight on those bones.
>>536782346Meat isn't particularly expensive in China right now; even beef is affordable for the average working-class family.People eat rice simply because they like it.In Japan, however, people can't even afford rice anymore.I'm not joking—there are actually rice thieves in Japan.
If it hits the mid 3000s I'm going to buy so much.
>>536781097Oh I have thousands in supplies. And oil paint dries by oxidation, so I have some antique tubes from 1928 that are still pliable. I have 30 yards of canvas and a hundred stretcher bars. I knew thet buying in bulk was key. >>536782191Yeah but I dont make much. 18/hr. I am lucky to have decent benefits and a retirement plan.
>>536782799As long as I keep the tubes sealed, they will outlive me.
>>536782799If you really need precious metals for painting, you should buy the type that’s easiest to sell.That way, when the price of precious metals goes up, you can even sell them directly to make a profit.
>>536782551Do me a favor and call up Xi and tell him to put an export ban on all pharmaceutical. At minimum the SSRI's. I think that would be very cool and a funny prank.
>>536783719That doesn't make sense.The result of doing this is that your hospital ends up buying Indian drugs.
>>536784247That might be an even better outcome. Imagine the chaos.
Remember to buy a house for 900oz of silver (see picrel)Suicide stack right now is 500oz (one "monster box")
>>536784428https://www.youtube.com/watch?v=LC_sZrwEh0I&list=RDLC_sZrwEh0I&start_radio=1
>>536784428I’ve never been a fan of the idea of hoarding silver.Silver production far exceeds that of gold.Moreover, silver is primarily used for industrial purposes, whereas gold is used for monetary and financial purposes.This makes silver’s price highly susceptible to manipulation.I still remember that silver crash a few months ago, which caused the assets of a large number of reckless speculators in China to plummet. https://b23.tv/B62sVo3
>>536783528Really just need to get away from graphite. I could use aluminum or lead for underdrawing
>>536784858Speaking of China. Are there any cheap sources of cinnabar over there?
>>536768386>LE SILVER AND GOLD ENDS FED FAGS NOT LEARNING THEIR LESSON THREAD 16Hahahahahaha.Watch as your shit deflates. This has been explained over and over but the gold United States supreme court case line gives your congress plenary power over this. Makes shit like a theoretical precious metal tax legal where the government can regulate metal sales and just tax you the difference in any gains you think you have. Meanwhile very Kosher individuals can get a special exemption for the taxes. There is no legal recourse to challenge this. So gold and silver fags once again,Unless you plan to organize a alt economy,use violence, and/or counting on a major government ending disaster you are pants on head retarded to treat metals as anything other than a investment asset
>>536785272the petrodollar is at risk after this "war" ends buddy. gold and silver will skyrocket.
>>536768386>OK, this means the war in Iran isn’t going to end anytime soon.retard, this is paper & shorts being exited
>>536768698But America Won the war two months ago, like on the Fourth day of it actually
>>536784858Its a rapidly depleting resource that is not being mined fast enough to keep up with demand. Demand is still there in some sense due to the arbitrage trade still available. The pattern here is that as long as these fiat currencies exist that are constantly being devalued, commodities always jump in value to match. That crash that happened was pure market manipulation by the US as its what lead to this arbitrage trade to exist in the first place. People simply need to learn to only buy things when the asset is not being talked about in the news cycle.
everything is dropping as the hedgies move their ETF gains into cash to prepare for the spacex IPO
>>536785087I think you’d be better off looking for a job at an art museum.Like helping to move art exhibits and things like that.Painting for a living is actually very risky.Because as soon as people run out of money, your paintings will stop selling..
>>536785271>cinnabarI’m not sure, but since it’s a mineral, we usually import it from abroad.The Chinese government prefers to import as much as possible in order to reduce the extraction of domestic resources.
>>536785964I know. It’s an ideal scenario, but it’s definitely not my full time job. >>536786234Yeah. Ive imported some cinnabar from China. Hard to get ahold of mercury in The US. Good chance thet what I bought was counterfeit
>>536770890Whatever happened to the audit of the Federal Reserve banks?
>>536787980>Hard to get ahold of mercury in The USAre mercury thermometers unavailable in the U.S.?
>>536784428>Remember to buy a house for 900oz of silver (see picrel)>Suicide stack right now is 500oz (one "monster box")That chart says 20,000 ounces, not 900, it never says 900 on the chart, at the peak of the hunt brothers buying all silver futures it only got down to 2k.
>>536788166Difficult. Anyway, I do need to test whether I bought to see if it is real. Wanted to find a source for vermillion thet wasnt $125 per tube.
>>536788300>$125 per tube.Damn, your painting costs are way too high.You definitely need a Plan B.
>>536788512I have enough tubes already to last more than a decade for that color
>>536788672It sounds like you have a chance to become a paint dealer.You really know your stuff.Of course, investing right now is too risky.
>>536785347>the federal reserve note dies after this "war" ends buddy. gold and silver will skyrocket.ftfy
>>536788158Trump is going to nationalize the federal reserve when this is all said and doneJews will lose their counterfeiting loicenseand nobody is going to be able to call him antisemitic for it
>>536788228>at the peak of the hunt brothersleverage is what caused the Hunt brothers endeavor to fail
>>536788958I did also have aspirations to be a paint manufacturer. The environmental regulations and starting capital are the issue.
>>536768722buy the dip
>>536789169>leverage is what caused the Hunt brothers endeavor to failI thought it was the Federal government coming in and changing the rule mid game and liquidating their positions for them.
>>536789053Next comes the digital IMF note.
>>536789290I really need to get some sleep, so this is my last reply to you.Given your extensive knowledge of paint and other pigments, I’d suggest you look for a job at a paint company. Or maybe a pigment importer or something like that.After all, paint is used for so many things.Houses, cars, all kinds of industrial products.It’s definitely a lot safer than just painting pictures.Good luck, bro.Hope we all make it through this economic crisis.
>>536789458Yes, they got forced to sell their position or else would have committed suicide with 2 bullets to the back of the head.
>>536768722Market is expecting rate hikes. That would strengthen the dollar and tank metals.
>>536789611Thanks, gn anon. May the people reaponsible experience suffering
>>536769436Look up dividend stocks. They're usually shit, but they have been going up while everything else crashes.
>>536768698I thought he said, two more weeks until the next two week announcement...I'll be waiting, with shit-post in-hand!Meanwhile- I'll enjoy the Cultural-Enrichment of the Nigger&Jew distribution-centers.
>>536780571China would fucking HATE the gold standard (for themselves) because they can't do nearly as much fuckery manipulating the value. They like hoarding it because it's great, stable value that gives them leverage against other countries since it isn't tied to their currencies and Yuan is stinky.
>>536768386Oddly, this is correct and a complete inversion of history. Heightened world tensions historically have driven metals higher, the "safe haven" argument. Gold now rises and falls with equities for reasons that I do not understand.You can confirm OP's statement too by looking at ETFs for energy exploration and development. XOP, for example, jumped nearly 4 percent today.
>>536779296Gold tends to move inversely to the dollar index (DXY), which the closure of the strait is helping go up. The petro-dollar gaining value is bad for PMs. That's why things are different now. Don't expect gains until oil and the dollar return to normal.
>>536788166They made Mercury a controlled-substance.Because Jews were poisoning Goyim with-it.Its a Neuro-Toxin.
>>536791137Reality is just a suggestion at this point. Sit back and enjoy the theater as they wont be able to keep this up forever.
>>536768780>Why is it dumping? Wtf is shit manipulation?nothing goes up forever. gold had a good run the last few years, there's always sell offs when an asset does well.
>>536768386Um, no. Gold go up means dollar weakness. Gold go down mean dollar strong.
>>536779240if it goes below $500 per ounce im going to buy so much gold Ill look like Dagobert Duck
>>5367683862 weeks
>>536792204
>>536768386Boomers love holding jewish bags
>>536788228>Remember to buy a house for 900oz of silver (see picrel)>Suicide stack right now is 500oz (one "monster box")>That chart says 20,000 ounces, not 900, it never says 900 on the chart, at the peak of the hunt brothers buying all silver futures it only got down to 2k.The original Picrel explains this anonYou gotta read the words too
>>536792568>Boomers love holding jewish bagsBoomers love pushing the rug pull past their lifetimespicrel
>>536793960>>536792568>Boomers love holding jewish bags>Boomers love pushing the rug pull past their lifetimes>picrelCRAP WRONG PICRELFixed the picrel(see picrel)
>>536768386how'd you get here?
>>536789458yeschanged the rules so that all their leverage fucked themits like winning 1 mil at the casino and they take all your chips and say sorry, the house always wins, now please exit the premises, you are trespassed
>>536793913>The original Picrel explains this anon>You gotta read the words tooI did it says Average not median.
>>536789538>Next comes the digital IMF note.no, otherwise Trump would not have made some moves back in '17 that put the FR under purview of the Treasury and all the IMF loans immediately stoppedtreasury dollars are the real fix, I'm mostly convinced we wind up therethe counterfeiting houses are not going to win ww3
>>536791137>Gold now rises and falls with equities for reasons that I do not understand.guarantee it has a lot to do with like 300 people having a claim to every ounce of paper promise
>>536792204>if it goes below $500 per ounceyou'll have to go back in time to Gordon Brown's England for that, ladaint happenin
>>536794200I am going to give this some hope, but I am going to keep my cope on standby. Also is Trump not trying to peg the Treasury note to USDT/other cryptos? I know Henry Ford proposed a "World Energy Currency" to replace the gold standard, arguing that gold was the primary cause of war because it could be controlled by international banking elites. But we are seeing the same thing in the crypto sphere.
>>536794195>I did it says Average not median.Anon in my 34 years on this planet I have not once (since I learned the difference in fourth grade) mixed up average and median>so thank you for pointing this out>you are completely correct sir
>>536791137>Gold now rises and falls with equities for reasons that I do not understandGold and equities are both together just tracking the failing dollar. When you have a solid reserve currency this doesn't happen
>>536791137>You can confirm OP's statement too by looking at ETFs for energy exploration and development. XOP, for example, jumped nearly 4 percent todayFUN FACTthat strait is staying closed for MANY MORE MONTHS>RIP INDIA(see picrel)
>>536795619far as I know Trump hasnt said shit about treasury notes, but that would be expected because there's certain things you dont want to telegraph, lest they try to get around the FRN's demise
>>536795619>Ford world energy currencyQrd?
>>536796780A currency backed by electricity instead of gold. Essentially Bitcoin.
>>536792204>if it goes below $500 per ounce im going to buy so much gold Ill look like Dagobert DuckIf gold goes below $500 an ounce I get as many mortgages as I can on my fully paid off house>AND I SELL ALL THE FURNITURE IN IT TOOI told every single extended family member to go all in on silver when it was in the low twenties per ounce a few years agoWhen it peeked below 20, even very briefly below 19, i said>OKAY NOW FUCKING DO IT GOD DAMMIT>YOU GET EVEN MORE OUNCES FOR YOUR MONEY NOW JUST DO ITAnd they all said>"But you said it would go up, it already went down a few dollars, you are wrong, I'm not going to listen to you"Now the whole family hates me...WHY?THEY SAY...>"anon you didn't try hard enough to convince us, we could have tripled our life savings, fuck you"Oh and the reason no one listened is because they said "alex jones is crazy" lmaooooooalex jones bumped my retirement forward by at least a decade
>>536768386Normally it would go the other way: investors dumping stocks and buying gold in times of economic disruptions.But the world isn't normal now.One explanation though is people selling gold to buy SpaceX stocks.
>>536768764This. I want to go buy a nice chain this weekend.
All my life plans are in shambles, because an orange man is forced to do the zionist's bidding, ever since he let them film him fucking children.You would think this is rambling from some schizo.
>>536797278Maybe Elon will buy all the gold up. He'll need it if he's really going to mars.
>>536768386Any fluctuation less than 5% is meaningless.
>>536796947>A currency backed by electricity instead of gold. Essentially BitcoinFor a currency to be "backed by something" you need to be able to turn that currency back "into that something"EXAMPLE>if a currency is "backed by gold" i can turn that currency "into gold" at a bankSO ABOUT BITCOIN>if i have a bitcoin (that took electricity to make), can i turn it back into electricity?>NOI bought super early and made a shit ton of money on BTC. Sold at 35k (oops). But still did pretty damn well. So i'm not some retard that missed out and is pissy about itBUT BITCOIN IS NOT BACKED BY ELECTRICITYTHAT IS JUST SOMETHING PEOPLE SAY BECAUSE IT MAKES BITCOIN SOUND BETTER>>536796947when you say...>A currency backed by electricityI think you mean "bottlenecked" by electricity>NOT BACKED
>>536768386No, we are selling gold. Our exports are up because we are selling off our precious metals.We are having a "going out of business" sell
>>536797489The guy wanted a QRD and I over simplified it. I did not feel like explaining that energy access = the economy and so energy access is wealth. The world energy currency was described as to be exchangeable in some form of energy. Maybe they will hand you a bunch of batteries. The reason why this is not a thing is because we cannot store energy well enough as it typically degrades overtime. Maybe when energy storage tech gets better it could work.
>>536769436idk man my stock portfolio has been gaped super fucking hard, and I think most of the cryptobros have already roped themselves
>>536768386>USD?ngmi
>>536779106Based on your comment I do not believe you understand what inflation is.Inflation is not higher prices. Inflation is an increase in monetary supply. Higher prices are a biproduct of inflation, and therefor commonly associated. More money supply results in higher gold value long term.Gold is extracted from the ground using oil. Literally all commodities will increase in price with an increasing oil price long term.>>536779296Do you actually think gold is going back to it's 2005 price range?Central bankers are the #1 buyer of gold to collateralize their debts and derivatives. Why would they buy >$4000 gold for years only to crash the price to $500/T.O.?sauce:https://www.cnbc.com/2026/04/15/central-banks-were-buying-gold-at-record-levels-why-are-they-selling-now.html
>>536799223
>>536799542So what you are implying is that gold will go back to that price in dollars after a massive deflationary event and the USD gets its purchasing power back? It wont just be gold, but all assets. One ounce of gold with always be worth one ounce of gold or a fine mans 3 piece suite.
>>5367995425 year old charts of M1 vs stimmy checks and bailouts.The pandemic was anomalous and we are still suffering the consequences of that money creation. The inflation is still coming home to roost today. But it wasn't a recession because we conveniently redefined recession.
Gold is unironically working like money. Central banks’ funny bucks can’t hold up in an emergency so they have to sell real money to float it
When will the stock market finally crash? It's going full retard right now
>>536800236>So what you are implying is that gold will go back to that price in dollars after a massive deflationary event and the USD gets its purchasing power back?I'm not implying that at all unless you want to include the death of the FRN in there and Treasury Dollars being not FRNs
>>536800674>The pandemic was anomalousquitethis was baked into the cake, because there's basically a massive amount of theft the banks must engage in, otherwise they will become insolventwhether it was QE or QE by other names, it was all the same and the banks were about to blow the fuck up when covid hit, and the massive money print allowed the counterfeiters to extend how long the music keeps playing
>>536801577Regardless of the distinction you think deflation of asset prices are coming due to a restructuring/change of currency?
>>536801705yea, what a coincidence a whacky, spooky virus emerged mere months after the USD blew up (again). https://en.wikipedia.org/wiki/September_2019_events_in_the_U.S._repo_market
>>536768722So glad I have literally ZERO in the game at all. Makes watching you faggots freak out over some pretend ones and zeroes all the much better.
>>536801988Plus the benefit of culling the masses with ventilators, remdesivir and "vaccines". And an entire generation missing years of education and becoming functionally and socially retarded.Thank goodness everyone involved was pardons and granted legal immunity.pic unrelated
>>536802291How pathetic of you.
Feels like they are crashing gold/btc value to fuck with iran because thats how their tolls have been getting paid. Same way they kept oil prices low to fuck with russia.
>>536804187>goldNice, that means Iran can stack more gold with the same amount of oil.
>>536768722>I have a fuckload of money in goldNot anymore
>>536768386It just means we're not there yet. Gold will return to the price that it had idk 150 years ago. Somwthing like that, i think around 13k
>>536801251After the world cuppa? Or after the midterms? Both sound likely, one because that's when likely the oil reserves rundown and the other because of plump losses he couldn't care anymore.
>>536768780dozens of billions of dollars of money printing to buy shorts positions that artificially lower the price. Silver should be several thousand an ounce.
