Isn't gold at least supposed to be stable? It's only gone down since last year.
Ironically the best hedge against inflation is the dollar itself, we've gone way past clownworld.
>Sounds like if you buy now, you’re buying the bottom 😉
exchange liquidity is at an all time down but it's all about when the fed capitualtes and decides to save bond markets to prevent nations defaulting rather than fight inflation.
>all time down
Post hands >bond markets
Yes. So buy gold. The fed will have to save the markets by continuing asset purchases. Inflation will continue. This whole fiasco is just theatre.
3 weeks ago
Anonymous
>Post hands
Can't chudmoot banned half my nation (Argentina) from posting images due to how based levels being off charts.
btw here is the exchange liquidity data for btc & eth
https://cryptoquant.com/
but it's under maintance now will be back in some hours
btc & eth are at an all time down liquidity and lower exchange reserves in their history.
But it the fed continues to crash markets with no survivors it's all fucked up.
>Yes. So buy gold. The fed will have to save the markets by continuing asset purchases. Inflation will continue. This whole fiasco is just theatre.
Gold will go to 7k usd maybe 12k, btc to 1m and more, eth probably 40k
The ecb has not even raised rates and yields are mooning already lmfao.
And us economy has cooled down hard as fuck.
3 weeks ago
Anonymous
>btc to 1 mil
KEK YES BUY THE TOKEN IT MAKES YOU RICH YOU JUST NEED TO BUY. kek fuckin cryptards are so delusional. Everyone thinks Bitcoin is their ticket to riches. Shits a scam. Have fun. I will be playing with my stacks of
Physical and gold mining stocks
3 weeks ago
Anonymous
btc has lower inflation than gold and 7 times less inflation than the usd, it's not immune to supply shocks tough.
3 weeks ago
Anonymous
Gold has guaranteed demand and utility. Who cares about just supply if there’s no utility. Are you retarded?
3 weeks ago
Anonymous
Some funko pops have lower supply than gold and Bitcoin. Why not just save those?
3 weeks ago
Anonymous
btc is boomer coin, it will barely make a 4-5x from here on out in next market top. i can make more by buying stocks right now ffs. kek.
3 weeks ago
Anonymous
Anon, where should I start reading regarding gold mining companies that are public? Hard to find anything legit about it that helps me decide where to invest.
3 weeks ago
Anonymous
>Inflation will continue >Bitcoin will go to 1 million
Pick one you dumb argie.
3 weeks ago
Anonymous
inflation will pump bitcoin, not inflation with interest rates going up and removing liquidity.
That causes monetary deflation even if there is economic inflation.
The thing is that there is a limit at how high interest rates can go.
Once they flatline or that peak is reached we moon if inflation still exist.
when people are scared and shit is flash-crashing, people always dump paper gold and silver contracts for liquidity. see the covid crash for an example, particularly in silver.
the markets for physical gold and silver that you and I can access were white hot while the big players unloaded contracts to get cash, which created a weird situation of price decoupling in the short-term.
I'm already all in BUSD which is why I posted this
[log in to view media]
Isn't gold at least supposed to be stable? It's only gone down since last year.
Ironically the best hedge against inflation is the dollar itself, we've gone way past clownworld.
Isn't gold at least supposed to be stable? It's only gone down since last year.
Ironically the best hedge against inflation is the dollar itself, we've gone way past clownworld.
what you ABSOLUTE RETARDS forget, is that GOLD IS ALSO A COMMONLY USED RARE EARTH METAL used in, oh, you know, ELECTRONICS?
retard midwit cope, gold usage is more than 50% garden gnomeelry (key word garden gnome), industrial usage doesnt even reach 20%, all those usages are liabilities in a recession
people are really fucking scared about a recession and rate hikes, and crypto sort of behaves like leveraged tech stocks lately.
also, in other news, the housing (Mortgage-backed-securities) market is effectively collapsing in slow motion. fun times, and a good time to have a really good job.
It used to be. Now that the business garden gnomes have their noses all over in it, it's linked to all the traditional markets and will shit the bed at the same time.
the sooner you see this as an avenue for profit, the better for you. I stake btc on the freeway network for good apy because I know it would reach new ATHs in the long run. No emotions attached. No technical details.
>Bought some at 50k when everyone was saying it'll hit 100k soon >Sold it in a panic when it dropped below 40k
Should I buy the dip now? It can't possibly go lower right?
Today I saw a Mexican parroting that shit on Facebook.
[log in to view media]
>GOLD IS AN EFFECTIVE HEDGE AGAINST INFLATION
>only down 4%
Doin pretty good compared to everything else. We are in stagflation after all n-word
[log in to view media]
Isn't gold at least supposed to be stable? It's only gone down since last year.
Ironically the best hedge against inflation is the dollar itself, we've gone way past clownworld.
We’re in stagflation so yes the dollar is best but still can’t keep up with the price of goods. Gold is stable relative to everything else
Sounds like if you buy now, you’re buying the bottom 😉
>Sounds like if you buy now, you’re buying the bottom 😉
exchange liquidity is at an all time down but it's all about when the fed capitualtes and decides to save bond markets to prevent nations defaulting rather than fight inflation.
>all time down
Post hands
>bond markets
Yes. So buy gold. The fed will have to save the markets by continuing asset purchases. Inflation will continue. This whole fiasco is just theatre.
>Post hands
Can't chudmoot banned half my nation (Argentina) from posting images due to how based levels being off charts.
btw here is the exchange liquidity data for btc & eth
https://cryptoquant.com/
but it's under maintance now will be back in some hours
btc & eth are at an all time down liquidity and lower exchange reserves in their history.
But it the fed continues to crash markets with no survivors it's all fucked up.
>Yes. So buy gold. The fed will have to save the markets by continuing asset purchases. Inflation will continue. This whole fiasco is just theatre.
Gold will go to 7k usd maybe 12k, btc to 1m and more, eth probably 40k
The ecb has not even raised rates and yields are mooning already lmfao.
And us economy has cooled down hard as fuck.
>btc to 1 mil
KEK YES BUY THE TOKEN IT MAKES YOU RICH YOU JUST NEED TO BUY. kek fuckin cryptards are so delusional. Everyone thinks Bitcoin is their ticket to riches. Shits a scam. Have fun. I will be playing with my stacks of
Physical and gold mining stocks
btc has lower inflation than gold and 7 times less inflation than the usd, it's not immune to supply shocks tough.
Gold has guaranteed demand and utility. Who cares about just supply if there’s no utility. Are you retarded?
Some funko pops have lower supply than gold and Bitcoin. Why not just save those?
btc is boomer coin, it will barely make a 4-5x from here on out in next market top. i can make more by buying stocks right now ffs. kek.
Anon, where should I start reading regarding gold mining companies that are public? Hard to find anything legit about it that helps me decide where to invest.
>Inflation will continue
>Bitcoin will go to 1 million
Pick one you dumb argie.
inflation will pump bitcoin, not inflation with interest rates going up and removing liquidity.
That causes monetary deflation even if there is economic inflation.
The thing is that there is a limit at how high interest rates can go.
Once they flatline or that peak is reached we moon if inflation still exist.
when people are scared and shit is flash-crashing, people always dump paper gold and silver contracts for liquidity. see the covid crash for an example, particularly in silver.
the markets for physical gold and silver that you and I can access were white hot while the big players unloaded contracts to get cash, which created a weird situation of price decoupling in the short-term.
What a pussy.
>Ironically the best hedge against inflation is the dollar itself, we've gone way past clownworld.
kek this
[log in to view media]
I might be economical brainlet, or not, I'm not sure
But, if everything is down compared to products, shouldn't people invest in products?
Time to buy 100kg of toilet paper and noodles.
being lower than 2008 when real estate was 300% cheaper is not good, it's a massive controlled oposition financial honeypot.
>goes up less than inflation every year
laughable really
you wished your shitstain of a portfolio would have only dipped 4%, why didn‘t you sell?
I'm already all in BUSD which is why I posted this
>all in BUSD
>no DCA
ngmi, bottom hunter.
golds abysmal performance as an inflation hedge since the late 80's really shows you should just buy commodities
Debt to gdp was 25% in the 80s and we had volcker. No more kicking the can. The dollar goes bust this time
It is, and it outperforms boomer stocks since 1980s. Cope no-metal-coiner.
yes.jpg
zoom the graph out you fucking idiot
most graphs look great if you zoom out the right amount
what you ABSOLUTE RETARDS forget, is that GOLD IS ALSO A COMMONLY USED RARE EARTH METAL used in, oh, you know, ELECTRONICS?
retard midwit cope, gold usage is more than 50% garden gnomeelry (key word garden gnome), industrial usage doesnt even reach 20%, all those usages are liabilities in a recession
>> doesn’t understand -1% priced on a 10% inflating currency is great
>> please leave you are too dumb to offer value to anyone
What happened today? What news came out?
people are really fucking scared about a recession and rate hikes, and crypto sort of behaves like leveraged tech stocks lately.
also, in other news, the housing (Mortgage-backed-securities) market is effectively collapsing in slow motion. fun times, and a good time to have a really good job.
it is but there is monetary deflation now, with economic inflation.
was until it became mainstream trash and centralized
It has done a 3x against usd in last 2.5 years. Do you expect a straight line up? Retard
It used to be. Now that the business garden gnomes have their noses all over in it, it's linked to all the traditional markets and will shit the bed at the same time.
uhh wasnt the whole point that it was supposed to be reliable enough for this to never happen? it's just another shitcoin LOL
Also, when the dollar dies which it will, I want to be holding btc and link
Your internet money will collapse long before the dollar
Limited supply, dontcha know
You should have sold memcoisn and bought real estate
Nothing escapes the jaws of a global recession. This is bigger than America, Bitcoin, China, and every other place or commodity.
Everything will sink into the ground.
Do we go back to work now? I didn't take the shot.
the sooner you see this as an avenue for profit, the better for you. I stake btc on the freeway network for good apy because I know it would reach new ATHs in the long run. No emotions attached. No technical details.
[log in to view media]
You didnt buy at $100 though. You bought at 40k like all the other tards
>Bought some at 50k when everyone was saying it'll hit 100k soon
>Sold it in a panic when it dropped below 40k
Should I buy the dip now? It can't possibly go lower right?
It’s all about dollar cost average. You buy the highs and you buy the lows. It’s actually really simple. If you are a trader, god bless. Nobody knows
[log in to view media]
>only doing 3% better if you bought at the absolute top
nice shiny rock, homosexual
[log in to view media]
Ill do you one better, VINU is a better hedge against inflation, hell, every memecoin is a better hedge against inflation than BTC
it is.