Gold is another shitcoin that’s getting rug pulled by Jews. If it was the real deal, they wouldn’t desperately try to brainwash you into trading your hard earned dollars for it.After the crypto myth died out, right wingers and their self improvement fraudsters shill stocks, sp500 and «precious metals» in exchange for your hard earned money.Once they get it, you get rug pulled to oblivion
>>546062315I'll buy in at $3200 in 2028. Thank's for playing.
>he bought?
>>546062315>Im so gigabrained>Ill hedge against the AI apocalypse by buying gold>gold's only practical use is making microchips>its literally the first domino to fallYou got got.
I don't understand how precious metals are a better investment than fiat currency if the only reason they have value is because fiat backs them. If gold is worth $0 in every nation because the global economy collapses, how does it hold value?>but it has practical applicationsYes it does, but in a situation of dire financial problems those applications become moot because anyone who could utilize it has no means to pay you for it. It's like saying oil still holds value when no business that utilizes it is still functioning.
>>546062315imagine walking around with bars of gold during the apocalypseimagine walking around with a certificate saying you have some claim to gold during the apocalypseimagine cashing out your claim on gold with money during the apocalypse
>>546062315>Zoom out
>>546062315>>546062449>>546062789>>546062796Lmao shills. I'll keep buying and holding REAL money, thanks.
>>546062796>If gold is worth $0 in every nation because the global economy collapsesStudy history, anon. Golds value would never go to 0. It's value comes from it's shinyness, it's allure, and its scarcity. Always has, always will.
>>546062796Whatever currency comes next will pay you for gold. You can bury gold for a thousand years, have your descendants dig it up, and use it. It's a universal value
>>546062315gold isnt an investment. its for storing wealth.
>>546062315good, hopefully he goes broke so his family leaves him and he ends up necking himself
>>546062315>>546062789>do not but our gold goyim!still buying gold, weizzman
>>546062315Gold is not a short term investment, over short terms it's extremely volitile and can erase massive chunks of value, over the long term it is a sure thing. Fucking day trader mentality.
>>546062983I'm probably just being stupid but I don't get it. Let's say I have 1 ounce of gold worth $2k. Currency gets raped by inflation or whatever and now my 1 ounce of gold is worth $4k. This sounds like it doubled in value, but the purchasing power remains the same. If I sell it I'm not actually gaining anything because whatever I sell it for is worth the same fundamental value as it had in the past. $4k isn't actually worth more than $2k used to be. Doesn't this mean gold still depreciates in value along with whatever currency you can exchange it for? I mean you have to exchange it, you can't buy a car for a brick of gold anywhere ever.
>>546062789>gold only has value because it has practical useBecause they were making microchips in 700 BC amirite?
>>546062315Faggot bought gold near the top and thought it was instant profit. Lmao"A fool and his money....." Lmaot. Bought gold at $1100 - $1800
>>546063199The answer is literally in your own post... People buy precious metals to uphold their purchasing power, not because it'll increase in value.
>>546062315>tell SETF shills for like 5 years that physical investments are a huge fucking meme>get to jerk off to their tears as the prices actually balance back to appropriate numbers>buy at the extreme low>watch them cry even morefaggots deserve it for buying at all time high.
>>546063315But how does it maintain purchasing power if the fiat you exchange it for loses value? 1 rock is worth 10 sea shells. Later, 1 rock is worth 20 sea shells. 20 sea shells is not worth more than 10 sea shells. My rock is now worth less than it was when it was worth 10 sea shells. What the fuck am I missing?It seems to me only sensible as a multiple decade long investment where it appreciates due to increasing scarcity as the supply decreases.
>>546062315The peak has already been priced in for all assets
>>546063483>dollar lost around 50% of its purchasing power since the 2000s>gold went from 300 to 4000You don't get it because you're not looking at the data
Did this idiot really buy after the news it had spiked?
>>546062315Gold was preached about on this board roughly 10 years ago. It's up 300% since that period. If you purchased it at ANY point in time prior to October 2025 you would be up. You fucking retards sit around ignoring the solid advice when it makes sense, and then jump on board when it's too late and pretend that the advice was bad. You're actually just a total fucking moron.Bitcoin, same thing. You were told about it so fucking long ago that you should buy. 10 years later it's up over 3000%. And because your retarded ass bought over 100k you act like it was bad advice.Fuck I even remember a time when people called Palantir on this board prior to it taking off.
n
>>546062917This is the correct answer.
>>546062315One posting nigger kikeGold buyers and supporters still can't say why a metal that no country has taken up as currency or reserve and 10% of it is only used for industrial purposes is a good investment.
>>546062315Gold is up over 200% since I bought into it
>>546062917/thread
>>546062315Gold is an extreme long time inflation avoiding investment, its not something you buy now planning to sell it in two years. You buy it now planning to sell it in 20/40 years when you retire or even not sell it but leave as inheritance, then it will have increased in value and you will avoid inflation eating away your money value.Its not something for people who like to buy dips and sell when it goes to the Moon in an attempt to make a quick buck.
Just sell when you see articles on queues outside dealers.Swap to silver when the GSR blows out.It’s that easy
>>546064675NASDAQ is 250% since you bought your gold.
>>546065325Gas is down 80c less than a week after the election. It’s fake as fuck. So is the article telling you to not buy gold while central banks are making the largest purchases ever recorded in written history.Also, 401ks are mandatory if you have a job in America. No one is abandoning the stock market anyway. We’re forced into that pyramid scheme by work. People who point out stock investments are stupid since we have those too.
>>546062315stfu gold is a solid investment
>>546063483>It seems to me only sensible as a multiple decade long investment where it appreciates due to increasing scarcity as the supply decreases.Thus is the answer lol
