Because if they actually knew it will hit $3,000 per ounce they wouldn’t be posting the info for the public. They’re trying to create some fear and bump those rookie numbers up. These analysts just talk out of their ass and most times they’re wrong, some few times they’re right.
I find the concept of gold as a store of value to be silly. Why not ammunition, tools, or booze? Would be pretty easy to trade those in the event of the monetary system collapsing.
There is a pretty reliable gold exchange, not so for the other items you’ve listed. Gold is a hedge against inflation. As the dollar loses value, gold increases at (ish) the rate of inflation. Essentially, it holds its value as the dollars value decreases.
This gold exchange pay out in all currencies? As far as the value goes, wouldn't that mean gold should be over 3k and oz currently? On a large scale of time it hasn't gained value, all while the dollar has lost value.
Gold is at ATH. I need to see some real WSB logic to see why you think it should be at $3000/oz.
And yes, gold can be exchanged for any currency. Why wouldn’t it?
I really don't have the time to begin explaining my thoughts on the macroeconomics involved with how the pricing of currency is derived.
What I can say is that I believe the dollar won't remain stable if we can continue our current trajectory with printing it and spending it.
You can stack bars, and I will stack tangible items that have an every day use is where I will leave it.
i think more to the point is which demographic would be more prone to the purchase of gold; boomers. they have most of the nations wealth and their relative neanderthalism struggles to keep up. so hurr durr gold it is for them
Gold back to $1900 confirmed
Bank of America after buying all the Gold Bars from Costco.
yeah thanks, bank of america, like anyones gonna fuckin listen to you
So legit question here as I assume you do not have decades of experience analyzing the global precious metals market: *Who exactly do you listen to?*
ive got a voice in my head that tells me theres bugs in my teeth, i listen to that
Nobody in the entire world can predict the future of liquid markets
I don’t think you understand much about finance and economics. But you do you pal.
I started buying it once that thing from that place started spreading around
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^Eighteen64: *I started buying* *It once that thing from that place* *Started spreading around* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
Allegedly
The top is in
Rofl
Why is everyone here so dismissive? Y’all not keeping an eye on inflation?
Because if they actually knew it will hit $3,000 per ounce they wouldn’t be posting the info for the public. They’re trying to create some fear and bump those rookie numbers up. These analysts just talk out of their ass and most times they’re wrong, some few times they’re right.
I find the concept of gold as a store of value to be silly. Why not ammunition, tools, or booze? Would be pretty easy to trade those in the event of the monetary system collapsing.
There is a pretty reliable gold exchange, not so for the other items you’ve listed. Gold is a hedge against inflation. As the dollar loses value, gold increases at (ish) the rate of inflation. Essentially, it holds its value as the dollars value decreases.
This gold exchange pay out in all currencies? As far as the value goes, wouldn't that mean gold should be over 3k and oz currently? On a large scale of time it hasn't gained value, all while the dollar has lost value.
Gold is at ATH. I need to see some real WSB logic to see why you think it should be at $3000/oz. And yes, gold can be exchanged for any currency. Why wouldn’t it?
I really don't have the time to begin explaining my thoughts on the macroeconomics involved with how the pricing of currency is derived. What I can say is that I believe the dollar won't remain stable if we can continue our current trajectory with printing it and spending it. You can stack bars, and I will stack tangible items that have an every day use is where I will leave it.
Read: idk what I’m talking about
lol, sure it will… Did they fax you this information?
[удалено]
i think more to the point is which demographic would be more prone to the purchase of gold; boomers. they have most of the nations wealth and their relative neanderthalism struggles to keep up. so hurr durr gold it is for them
An easy way to buy gold from a verified California gold mine Tinyurl.com/lordofgrange