I told you to buy gold months ago

[Anonymous]

In 2019 my grandfather died and my dad inherited a boxful of antique gold coins. He sold every single coin for cash before the grave had been dug. I told him that was possibly the dumbest thing he'd ever done. He didn't even save a single coin for his grandkids. He said gold is "too heavy" and that's why he had to sell it immediately. He wouldn't tell me how much he got for it other than that it was over $200000.
During covid I bought a few ounces of gold. I had to wait in line with a mask on to get into the shop. The lady kind of laughed at me because "everyone was buying gold" at that time and it was at an all time high of $1800 per ounce. My dad and husband both thought I was ridiculous.
They aren't laughing now!

[Anonymous]

It’s down quite a lot today OP. What do you think about gold now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When all these people start dumping gold it won't be pretty

+1.

The gold rush is nothing new. Read some American history and you will learn about the thousands of people who died trying to get their hands on gold.

It's the nature of our greed. We are greedy people. Remember Michael Douglas in the movie Wall street "greed is good"

I hope this thread stays active so see the reactions of these newly appointed Gold evangelists when their precious gold starts tanking in value.

Ha ha your precious Tesla will be tanking first my friend. The truth is gold will rally all of 2026. DO IT! You will not lose. BOOKMARK THIS THREAD CUCKS. I guarantee I will have made more money than you. BUY GLTR DGP JNUG GLDM OR GLTR AND PROFIT OR BE LEFT OUT AS THE DOLLAR LOSES ANOTHER 20%. YOU ARE WELCOME.

Lol.

[Anonymous]

LOLOLOLOLOLOL

[Anonymous]

What’s up cucks??? The thesis hasn’t changed. I’m holding gold. It’ll be up on Monday.

[Anonymous]

Anonymous wrote:What’s up cucks??? The thesis hasn’t changed. I’m holding gold. It’ll be up on Monday.

My pink hole will be ready for you

[Anonymous]

Who knows what will happen to gold on Monday. But keep in mind that this drop occurred at the end of the month after a month of huge gains. That is important because ETFs and Mutual Funds and other vehicles need to maintain targets so at the end of the month they rebalance.

Take a simple example. A 1 billion dollar fund has a target of 15% in gold. On January 1, that was 150 million. At the end of January, that was 180 million. Depending upon what the other assets in the fund did, they need to rebalance to achieve their 15% target. That meant selling a lot of gold. Now multiply that by hundreds or thousands of funds that have to engage in the same rebalancing.