Gold is hitting an all time high and basically you are fucking stupid

Gold is hitting an all time high and basically you are fucking stupid

Good luck selling your gold at its fake value. It's artificially inflated to make retards buy it.
Also so one buys gold from private individuals because of all the scammers. You're lucky if you can sell it at half price

I’m two chaining it today. Yes im jewish

I’m Canada the buy sell spread on bullion is 5% and less if you buy from Costco and use their store credit card that gives cash back

Why hide your flag when talking about specifics of your country

cope seethe dilate

Sheeeit

Show pics.

Hasn’t it been hitting all time highs for decades?

the most reddit post of the morning. congratulations you dumb queer.

Gold is hitting an all time high and basically you are fucking stupid

Gold will continue to go up until the next financial crisis which is going to happen within months. Gold will tank along with everything else because of the liquidity crisis. The reaction will be bailouts and money printing, Gold and crypto (Not meme coins) then skyrockets. Prepare yourselves men.

Nu uh, you are!

Leaked audio: AIPAC leader details control over Trump natsec team

youtube.com/watch?v=pHo7hyEczg0

it is

INVEST INTO CRYPTO!

BUY STOCK DIP!

BUY GOLD!

jews pump everything they can
you can participate in any to make some cash just keep listening to music, once it stop be the first to grab chair, this is very important because amount of chairs is limited, slow people will lose a lot

That's why I buy them and store them through my local mint. Funnily enough my local mint is the global standard of quality and I live off the edge of the map.

Hasn’t it been hitting all time highs for decades?

lol no, when riskier assets are in a bull market people step out of gold to get higher yields in things like Fartcoin or Leveraged NVDA or TSLA. When the mood changes to fear, people pile into gold because of uncertainty. Bonds and stocks are selling off right now and that's a major warning sign, it's not a typical environment.

What stocks? I refuse to buy American stocks

Also so one buys gold from private individuals because of all the scammers

sell locally to people

meet at my local coin shop (I know the owner and he's an honest white man)

do the deal there

owner has all the testing equipment on site

tell the buyer he's free to test as much as he'd like prior to the sale

I sell at a secure location

he buys with on-site verification

owner gets some more foot traffic, maybe gets a sale or two out of it if some stock interests anyone

I know you're Indian so all you know is scamming, but honest white people can do business with honest white people without fear.

The tariff war could lead to COVID tear economic disruption

store them through my local mint

I personally would be too paranoid if I didn't hold it myself. As long as it's secure and on demand they'll give you all of it in full, but even then I wouldn't trust it. Perth Mint?

Trump told you to buy DJT, you only had to listen, instant +20% few hours later.

I’ve bought gold locally and tons on eBay

What stocks? I refuse to buy American stocks

We're going to have a liquidity crisis, the system is not designed for bonds and stocks to sell off in tandem. If this is not resolved, you'll see the 1st domino fall and everyone panic sells for cash, debts are in cash so people will dump everything. This doesn't fix the overall liquididy crisis and the FED will step in to "Print" to prop the house of cards back up, you are looking at a severe dollar devaluation, crypto or any other asset will go up because it's priced in dollars. I'm going into XRP/XLM/SHNY
Crypto and gold, I don't like crypto (ideologically) but it is what it is.

You should give some money to the shop for the hassle. I got at least 20 bucks if I need something checked with xrf

It's gone up 10% every year since 2009 so yeah.

I habe two gold chains on rn

Is this good for bitcoin?

Guess were all stupid and Redskull was right. Such is life.

everyone else is buying it, so I must too!!

everyone is selling their stocks, so I must too!!

Herd mentality

Yes

But who knows how long this lasts. If it gets dragged out for years it will be covid 2.0

Which stock
Market do Germans buy from?

The market is being flooded with fake Chinese gold. Some are poor fakes, like (see image), but the newest generation of fake is very good, and passes many of the tests used to test authenticity on the fly.

As it applies to this conversation, the unspoken flaw in the stack gold/silver argument is that in the worst case use (the collapse of society, etc), there will be the real possibility that no one will trust your 'gold' at face value; and that the lack of an easy way to detect the good fakes will destroy the value of gold to anyone but the post-apocalyptic warlords who have the capacity to melt down and verify the gold.

Herd mentality is good, it's how we are, just don't be the last guy to buy or sell.

Yeah Perth, their 'doping' plan was retarded and didn't save them any money just ruined some ties with China. Still probably one of the best places to get your gold from imo.

It's more of a "cash for gold" shop, but he sells whatever he has on hand. Good thing is his stock is always cheap as fuck, bad thing is his stock fluctuates with really just "whatever he has on hand that day". Gotten some real good deals though. But for his trouble if I ever bring anyone in I'll be sure to buy a couple rounds/coins/whatever he's got. He just says he appreciates getting more people in there.

So what? Why do you all pretend to be high flying market traders?

More financial redpills please i have $30k cash sitting in a shoebox because I don’t know how to invest it

Germans got shooken out of gold prior to the final collapse of the Mark. The big fish will whiplash the prices and typical retail buyers will panic sell.
Expect the same exact thing this time around

13.6% achshually.

I’m
More scared of 22k and 24k jewelry. Changs will flatten out 24k using rollers and then gold wrap rings and bracelets. Crackheads in malaysia and Thailand get arrested for reselling them to pawnshops

no, you’re thinking of gov’t stimulus checks

Gold is hitting an all time high

which really means dollar is all time low

1927

1 ounce of gold sells for 28 trillion reichsmarks

anon be like "gold is all time high"

antbrain leaf

Just stocked up on it.

Feels good remember the crypto faggots talking shit

HOLY FUCKING BUY OR STAY POOR BICHES!

If I were you, I'd wait till this storm passes and hold cash like Warren Buffet is doing. You'll know when the bottom is in when people are disgusted with the "Markets" , Bankers jump off buildings, FED starts up their "QE", ZIRP or Money printing programs. This could take months to play out, once the FED resorts to money printer the lag affect takes atleast a few months to a year. That's when the next final blowoff market rally happens and confidence in the currency / USD is on it's last leg, even normies will know.

Mutts forget you can cut gold with wire cutters

No bitcoin is a highly speculative risk asset. HODLers will soon realize the narrative they were sold of bitcoin being a store of value only applies to one asset as it has for thousands of years. Picrel.

Gold is an all time high because central bank currency is backed by nothing and essentially worthless. The purchasing power of the USD has decreased by 95% since being removed from the gold standard. Through insane amounts of propaganda, somehow the secret is just getting out to the proletariat class of slaves. Who then rush to liquidate assets, dump worthless fiat and buy gold. I suspect the end is coming soon and we all will be moving on "to the next thing".

I've been stacking for 10+ years, but today I got silver. The gold-to-silver ratio is ridiculous atm.

investing doesnt matter unless you are already rich

But if you follow your reasoning through, you realize that any verification test of gold which destroys ability of that same gold unit to function again, will eventually fail.

So you bring your 1 ounce gold coin to the market to buy supplies. you want to pay in gold, but the vendor wants to verify your gold, so he cuts your coin in 1/2 or drills a hole through it. There are one of two outcomes:

he doesn't believe the gold is real, and hands you back what is now a coin cut in 1/2 or with a hole it it.

be believes it, and takes it for purchase, but now he can't do anything with it, because no one will accept a cut in 1/2 coin or a coin with a hole in it as payment.

So, when you 'verify' with destructive tests, you have to have a working gold coin producer to resupply the market. If you don't, eventually the market runs out of gold.

That doesn't even get into the topics of coin clipping and other traditional methods of gaming the system

I knew the earth was a giant ice ball. What edge did you cross that still has internet? Is crossing over the reason for starlink?

Basado. I bought alot in 2018

so he cuts your coin in 1/2 or drills a hole through it

There's multiple ways to verify gold without cutting into it.

Gold is a commodity. Nobody cares if gold is cut. Do scrap copper buyers care if copper pipes are bent?

Thank you for the tip

I was gloomy the past few days thinking i missed the last dip for the next 4 years

I bought at the start of covid

This post is completely insane, it barely makes sense - it reads like English but the concepts expressed aren't part of this universe or reality we inhabit

Also this. If you have a 1 oz coin, cut it in half, you have two, one half ounce pieces. It may lose its numismatic value, but if you're selling it because it's gold, not because it's a coin, it doesn't matter.

good for you fren

Nice, i bought some austrian coins back in 2017. Hope i would have bought more btw.

You didn't miss anything, things like this takes months to play out, If the GOV intervenes and FED panics large enough like COVID, you'll know it's close to the time to get back in. Sentiment changes from "Oh my god we're all going to die" to "Don't worry the money printers are firing up and it's safe to get back in the casino". The consequence is that the USD gets severely devalued.

Currency crisis is an economic phenomenon that has nothing to do with the film mad max

I return to the original comment, which was about the new generation of counterfeit gold coins which pass most of the tests

This simply is not true. If there were some way to create a damn near perfect fake gold that evades almost all tests, the gold market would be absolutely flooded and as a result gold's price would drop, not increase. There are so many tests from the simple magnet test to the most sophisticated machines that damn near any coin shop would carry.
And let's say the worst case scenario is true. You HAVE to cut it in half to figure out whether or not it's fake. So what? You cut a 1 oz coin in half, you have 2 half-oz pieces. You still have 1oz of coin. The only thing this would effect is the Numismatic market, not directly attack the value of gold itself.

because no one will accept a cut in 1/2 coin or a coin with a hole in it as payment.

Oh yes certainly, no one would take half an oz of verified gold! That'd be dumb! It's a cut in half coin, so the $1,500 of material it's made out of it now completely and utterly worthless!

Gold/Silver ratio indicates you should buy silver
But all treasure is good treasure

Ya, but the only way the hedge works is if you eventually sell your gold for fiat

Which you then quickly use. No one is going to convert gold to fiat to let fiat sit there. If I sell part of my stack, it's because I need money NOW for something. Just because fiat is the de facto "middle man" does not mean the store of value against inflation didn't work.

Gold doesn't gain value, fiat currency loses value.
The US dollar is dropping hard so everything else might appear to gain value but it's only an illusion.

I'm pretty sure my fellow mutt means that he is wearing two gold chains around his neck.

I’m Canada

You, saar, have zero gold.

Not enough bruh, stack more.

didn't buy then

won't buy now

Gold is literally the last helicopter out of Fiat Nam and you're acting like ATH in every world currency proves that it's worthless. You are a tardling.

OK thank you good sir,
and have a nice day.

my gold is safe because someone else has it

oh naur!

Anon Babble is gold board, you dork,
Go set up your strawman somewhere else

society collapse

oh no this horse shit again

shooken

I used my stimmies to buy gold

bitcoin is a store of volatility

It's artificially inflated

Actually no. The inflated asset is the US dollar.

picrel

top kek
saved

The fiat system is collapsing and your worried about a few percent? The best time to buy gold was 20 years ago. The next best time to buy gold is today.

nah I want to save $50

ngmi

Sounds familiar

why're we retarded

2500 leafs at the time

sold

how many jeets live in your den?

p....p...please hold my bags

Fuck off kike

Investments can be more than money.

checked

I don't have the money for stacking gold, is silver a viable alternative?

Gold isn’t going up. The dollar is going down. Yes, there is a difference

Sure there's a difference, but that difference doesn't make me want to be in dollars over gold