Anonymous wrote:Anonymous wrote:Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
+1
Gold used to be considered the ultimate bear market. Heck, it isn't even that great as a hedge for inflation.
These clowns pushing gold and other ridiculous strategies probably have a 1-2% chance of beating the market, but have somehow convinced themselves that they will come out on top.
Yeah about that. I bought a ton in gold ETFs in Feb and am up and insane amount. No idea what you’re talking about. Gold is also beating the S&P. I like chatting with idiots on here, so yeah, sure, gold is not a good hedge for inflation lol. Gold is the ultimate inflation hedge.
Jesus Christ. When the crash comes, and it will come sooner than later. it will be like a tsunami wiping away idiocy. People simply aren’t ready. The whole fking economy is being propped up by NVIDIA and a few other companies right now.
Gold is one of the only safe bets for a crash. It ain’t gonna be Bitcoin. That’s still way too correlated to the performance of the stock market.
Why do you all think gold continues to rise? Any ideas? Do you think this is TRULY a healthy market? You really think that?
Anonymous wrote:Anonymous wrote:Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
+1
Gold used to be considered the ultimate bear market. Heck, it isn't even that great as a hedge for inflation.
These clowns pushing gold and other ridiculous strategies probably have a 1-2% chance of beating the market, but have somehow convinced themselves that they will come out on top.
Yeah about that. I bought a ton in gold ETFs in Feb and am up and insane amount. No idea what you’re talking about. Gold is also beating the S&P. I like chatting with idiots on here, so yeah, sure, gold is not a good hedge for inflation lol. Gold is the ultimate inflation hedge.
Jesus Christ. When the crash comes, and it will come sooner than later. it will be like a tsunami wiping away idiocy. People simply aren’t ready. The whole fking economy is being propped up by NVIDIA and a few other companies right now.
Gold is one of the only safe bets for a crash. It ain’t gonna be Bitcoin. That’s still way too correlated to the performance of the stock market.
Why do you all think gold continues to rise? Any ideas? Do you think this is TRULY a healthy market? You really think that?
Anonymous wrote:Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
+1
Gold used to be considered the ultimate bear market. Heck, it isn't even that great as a hedge for inflation.
These clowns pushing gold and other ridiculous strategies probably have a 1-2% chance of beating the market, but have somehow convinced themselves that they will come out on top.
Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
Anonymous wrote:Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
No offense, but are you some home maker that doesn’t read a mixture of finance news from wall, nytimes, wsj, etc about global trends, inflation, job conditions, general macro and micro economic trends? If so, you probably wouldn’t understand why precious metals like gold are rising. That’s okay, but it’s not because people are seeing G fking Gordon Liddy commercials on Fox and deciding they should buy a krugerrand. There’s some pretty big international developments underway which are influencing prices. This is DCUM and not a real finance forum, so I guess that tracks.
Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
Anonymous wrote:I have a feeling (that is all it is, not backed by data) gold will be dumped and the money shuffled into digital currency.
Anonymous wrote:I have a feeling (that is all it is, not backed by data) gold will be dumped and the money shuffled into digital currency.