-record inflation
-approaching Weimar
-no baby formula/elections are fake
-gold still down 4% ytd
Please explain?
-record inflation
Charles Evans
Bentley Cruz
Gold is outdated asset that serves no purpose in modern finance.
>it doesn't hedge well against the inflation
>it is not a store of value
>it has no application in industry apart from jewellery
>central banks and hedge funds are selling their gold holding at record levels.
There is no purpose to hold gold in current times, you better hoard food, ammo and BTC.
Mason Richardson
>it has no application in industry apart from jewellery
retard detected
Cooper Clark
>Please explain?
it's a (((rigged system))) OP!
Henry Martin
>no application in industry
Isaiah Lee
Gavin Perry
Talk about raising interest rates a few basis points. Suddenly precious metals do dog shit. Choose to invest as Jews do and make money invest as a lel political activist and stay poor.
Colton Lopez
It's true, the use in industry is so small that we will run out of gold in 1 million years, and it can easily be recycled after use. There are better things to hoard by mile.
Adam Edwards
main use of gold is status symbol, like donal nigger trumps golden toilet.
Bentley Martinez
Baby formula shortage is due to vaccinated women producing such toxic milk that the infant would rather die than drink it, thus creating the need for them to feed them through other means.
Oliver Bell
actually its because the deregulated free market in usa allowed manufacturers to produce poisonous formula.
Evan Foster
If nobody has money for fuel or food then nobody has money for gold.
Chase Harris
You shouldnt be allowed near any gold because you can't be educated on how it's used.
Also, yes it is a hedge against inflation. Find me a single banking investment product that garuantees me the returns of gold. I'll wait, you wont find it.
Even when you sweeten the deal by making it a pension fund, i.e you cant touch it until youre almost dead. The market is absolutely piss poor for returns at the moment.
Jeremiah Gonzalez
who tf cares about gold beside boomers lmao
Jonathan White
And they won't have money for bitcoin too.
Evan Martinez
>he fell for the shiny rock meme
Carson Smith
so many retards here
gold will reach 10000/oz 2023 eoy
screencap this
Henry Campbell
turns out you can't eat gold. Invest in cameras & lighting and put girls on only fans to get rich off simps
Christian Ramirez
That is a weird ass knife edge prediction. The reason it isn't trending up right now is simple: EOY 2023 gold will either be under 4000 or over 1000000. There is no middle path.
Jason Lee
grain, weapon factory, ruble. oil.
Too many good alternatives.
War is always a very good business.
Jason Lopez
1000000 what? Worthless banknotes?