People are slowly starting to catch on, gold ETF inflows ramped up last week. An ounce of gold could easily be over $10k by the end of this decade. Buy now if you can and be prepared to defend it with your life.
haha i said the same thing in November of 2024. "Looks expensive." Gold went another $1000 up per ounce since i said that.
Basically, it's always LATE to buy gold. It goes up every day. I think it's up for 5 weeks straight.
Just buy now. You'll miss the days when you could get it below $4000 per ounce. Soon you will be mad at yourself that you didn't buy below $5000 per ounce.
It's not like stocks. It's not going to pull back 25% Gold isn't going back to $3000. We'll be lucky if it ever goes back to $3500 in the next months before racing past $4000.
The point of this post isn't to get you to buy gold or silver. It's WHY gold is having the best run it has EVER had or the best run since 1979. Back then Nixon took us off gold standard. But what is happening NOW? Or what is ABOUT to happen? What do the CENTRAL BANKERS know that the average person out here doesn't know yet? A huge monetary debasement worldwide.
Or just get into silver. You'll miss the days when silver was below $50. "Damn i was bitching about $44 per ounce and now it's $60"
Yes, I get the reasoning, fiat is going down and I agree gold will appreciate in time compared to it. I have a good enough stack and I will only be glad if it doubles. But I believe BTC will vastly outperform it like it did for the past decade.
Bitcoin is more risky in my opinion, but that could be due to my lack of understanding.
For example there seems to be lots of controversy over the Bitcoin Core 30 release. And listening to discussions, it turns out that bitcoin does still have vulnerabilities.
As soon as someone corrupts the blockchain, hacks it, or inserts some sort of malware then the thing falls apart. Also it seems more like a pyramid scheme to me than a real way to transact. Perhaps my criticism or hesitation is misplace.
Gold is outperforming bitcoin this year. Why aren't central banks buying up bitcoin instead of gold? Because bitcoin isn't a tier one asset according to the BASEL III rules banks comply with?
People are slowly starting to catch on, gold ETF inflows ramped up last week. An ounce of gold could easily be over $10k by the end of this decade. Buy now if you can and be prepared to defend it with your life.
Seems to expensive rn. I don't want to buy at double the price I paid a few year back. I'll wait for BTC to come down a bit and invest in it instead.
haha i said the same thing in November of 2024. "Looks expensive." Gold went another $1000 up per ounce since i said that.
Basically, it's always LATE to buy gold. It goes up every day. I think it's up for 5 weeks straight.
Just buy now. You'll miss the days when you could get it below $4000 per ounce. Soon you will be mad at yourself that you didn't buy below $5000 per ounce.
It's not like stocks. It's not going to pull back 25% Gold isn't going back to $3000. We'll be lucky if it ever goes back to $3500 in the next months before racing past $4000.
The point of this post isn't to get you to buy gold or silver. It's WHY gold is having the best run it has EVER had or the best run since 1979. Back then Nixon took us off gold standard. But what is happening NOW? Or what is ABOUT to happen? What do the CENTRAL BANKERS know that the average person out here doesn't know yet? A huge monetary debasement worldwide.
Or just get into silver. You'll miss the days when silver was below $50. "Damn i was bitching about $44 per ounce and now it's $60"
Yes, I get the reasoning, fiat is going down and I agree gold will appreciate in time compared to it. I have a good enough stack and I will only be glad if it doubles. But I believe BTC will vastly outperform it like it did for the past decade.
Bitcoin is more risky in my opinion, but that could be due to my lack of understanding.
For example there seems to be lots of controversy over the Bitcoin Core 30 release. And listening to discussions, it turns out that bitcoin does still have vulnerabilities.
As soon as someone corrupts the blockchain, hacks it, or inserts some sort of malware then the thing falls apart. Also it seems more like a pyramid scheme to me than a real way to transact. Perhaps my criticism or hesitation is misplace.
Gold is outperforming bitcoin this year. Why aren't central banks buying up bitcoin instead of gold? Because bitcoin isn't a tier one asset according to the BASEL III rules banks comply with?