Gold is speculated on, but it is a real, tangible asset with both industrial and historical use. Gold's price (and silver moreso) has been artificially suppressed which is why you saw this price soar, but the price can't be allowed to actually catch up to the relative rarity of the material or it would harm the entire financial system. Additionally, price increases correspond to dollar weakness, as one would expect. Bitcoin dumped like 30+% because less than .1% of the supply was sold. These situations are not remotely comparable in the realm of speculation.
I did. Picked up more gold and silver on Monday when Gold was $4650 and Silver was $79
And look. back up to $5000 and $90.
It is true that most gold and silver traded on these rigged exchanges are paper contracts, not the actual physical metal.
Trading paper promises is worthless since people can back out of those contracts.
For example someone can sell 1000 ounces of gold with a paper contract but only have 1/10th of the fiat cash dollars to pay for it. Then margin requirements can be raised and the contracts liquidated and the market becomes volatile.
What makes these prices volatile is jewish rigging and gaming.
When jews are not hyper-involved rigging the metals markets, the fluctuation in gold or silver can be quite boring spanning many years.
Of course gold is volatile if someone discovers a new gold mine with a million ounces. But that's the same with any genuinely scarce asset.
What's not scarce is fiat jew dollars. I know lots of retards who can go into a jew bank and walk out with half a million newly printed jew dollars in the form of a fiat jew loan of fiat jew dollars. Look up fractional reserve lending. Jew bankers can lend fiat dollars that they don't even have.
It depends on your goals. Short term investing? That's a big risk. If you're going to buy and hold as a hedge (which I've been doing since $20 for silver and around $3k for gold), then yes. There is too much volatility right now and obvious market manipulation for someone like me to know either way if you're looking for short term returns. The fundamentals show that silver and gold should be worth way more, but market makers are able to keep fundamentals divorced from price action for a loooong time
Only a fool would refuse to accept gold as payment.
"No i want those fiat infinitely printed unlimited supply fiat jew buck dollars backed by the faith of the faithless corrupt US government and the credit of the bankrupt USA with $200 trillion worth of unfunded liabilities run by two jewish controlled political parties that have divided the population into near civil war instead."
I just meant the recent volatility made gold look speculative (more so than before at least), not trying to compare it to fiat or any other assets really, just wrap my head around the precious metals market itself. I know that historically there have been periods of time like this, where speculation/banker chicanery leads to crazy spot prices (like the Hunt Brothers silver scam in the 80s). My comments here are basically just generic curiosity on the subject
Men insult each other all the time in real life. At the work place, on construction sites, even beside each other in battle. I worked jobs in mines and a job rebuilding a foundation. Close vicinity with other guys doing hard work and we talk shit, call each other names, test each other's intellect and resilience. You're a tranny. You can't relate. You need for people to pretend to be nice to each other because your emotions are terribly fragile because you can't even accept your real gender.
I can call this guy a retard and there's no grudge. If i say something stupid then i can be called a retard that time and there's no grudge.
You being a man who pretends to be a woman means you need rules to protect you from insults because the truth is you're a fraud.
Just like jews need laws to incriminate us for anti-Semitism because the truth is they deserve a real holocaust that they always pretended they had. They subconsciously know they deserve one. Rather than correct their behavior they live out their fake holocausts through their satanic, perverted jew holohoax jew fan fiction. It brainwashed generations of White Zionist buffoons into literally worshiping kikes as some kind of fake "chosen people" chosen by God to rule over them and conquer the middle east to restore a bunch of pasty white olive tree pollen allergic lactose intolerate kikes who get sunburned in the very land they claim they originate from. Sneezing from the pollen from the olive trees in the land they claimed they originate from.
Now are we allowed to call jews liars or is that a violation of rule 1 as well?
No and you are displaying a lack intelligence with no reading comprehension for thinking that. The comparison was between gold and Bitcoin, but in your haste to feel superior you've displayed only the reading comprehension of the average public school middle schooler circa 2026. Absolute troglodyte behavior
I know i called you retarded but this guy is even worse. Calling jew dollars sound money is silly but i'm willing to set that disagreement aside because this tranny u/thisisnotanexit is a retard cunt more deserving of ire.
I'm not reporting this, but: By current standards "retarded" is deprecated (I would affirm someone posting a community vote on Rule 1). By my standards "troglodyte behavior" shouldn't be deprecated because it's about behavior rather than person, and "no reading comprehension" shouldn't be because it's implied to be based on available evidence; but I don't know the mods' current standards.
You guys are even more gay than most dyke Human Resources employees.
This feels like some kind of emergency Human Resources intervention because someone in the government office building said "retard" and the middle aged lesbian cat lady who was shopping amazon on taxpayer time overheard it and felt offended from the isolation of her cubicle.
I literally began the discussion on this three months ago and nobody proposed the idea that abuse was not abusive. Now that people are proposing that, I think the free-for-all idea actually settles that concern too.
Technically it was a crash. In fact, historically when that large of a move happens in one day it's over for the PM bull market. But given how early things are and the major de-dollarisation macro we're in, that seems unlikely. As predicted by some here, they wanted to shake people out.
Today it looks like a v-shaped recovery, but I don't want to get my hopes up too soon.
20% loss after 200% gain
omg crash
I equally can not comprehend this 'crash'. For Crypto-bros, this is called Tuesday.
The difference between sound money and a speculative asset
But even gold is now speculative, so what’s left that qualifies as “sound money”?
Gold is speculated on, but it is a real, tangible asset with both industrial and historical use. Gold's price (and silver moreso) has been artificially suppressed which is why you saw this price soar, but the price can't be allowed to actually catch up to the relative rarity of the material or it would harm the entire financial system. Additionally, price increases correspond to dollar weakness, as one would expect. Bitcoin dumped like 30+% because less than .1% of the supply was sold. These situations are not remotely comparable in the realm of speculation.
Only comex.. not physical market in China went down
Fair points… would you buy more of either metal at these current prices?
I did. Picked up more gold and silver on Monday when Gold was $4650 and Silver was $79
And look. back up to $5000 and $90.
It is true that most gold and silver traded on these rigged exchanges are paper contracts, not the actual physical metal.
Trading paper promises is worthless since people can back out of those contracts.
For example someone can sell 1000 ounces of gold with a paper contract but only have 1/10th of the fiat cash dollars to pay for it. Then margin requirements can be raised and the contracts liquidated and the market becomes volatile.
What makes these prices volatile is jewish rigging and gaming.
When jews are not hyper-involved rigging the metals markets, the fluctuation in gold or silver can be quite boring spanning many years.
Of course gold is volatile if someone discovers a new gold mine with a million ounces. But that's the same with any genuinely scarce asset.
What's not scarce is fiat jew dollars. I know lots of retards who can go into a jew bank and walk out with half a million newly printed jew dollars in the form of a fiat jew loan of fiat jew dollars. Look up fractional reserve lending. Jew bankers can lend fiat dollars that they don't even have.
Any thoughts on platinum?
It depends on your goals. Short term investing? That's a big risk. If you're going to buy and hold as a hedge (which I've been doing since $20 for silver and around $3k for gold), then yes. There is too much volatility right now and obvious market manipulation for someone like me to know either way if you're looking for short term returns. The fundamentals show that silver and gold should be worth way more, but market makers are able to keep fundamentals divorced from price action for a loooong time
speculative to who?
Only a fool would refuse to accept gold as payment.
"No i want those fiat infinitely printed unlimited supply fiat jew buck dollars backed by the faith of the faithless corrupt US government and the credit of the bankrupt USA with $200 trillion worth of unfunded liabilities run by two jewish controlled political parties that have divided the population into near civil war instead."
I just meant the recent volatility made gold look speculative (more so than before at least), not trying to compare it to fiat or any other assets really, just wrap my head around the precious metals market itself. I know that historically there have been periods of time like this, where speculation/banker chicanery leads to crazy spot prices (like the Hunt Brothers silver scam in the 80s). My comments here are basically just generic curiosity on the subject
Rule 1
Rule 1: Safe Space for Woketards.
Men insult each other all the time in real life. At the work place, on construction sites, even beside each other in battle. I worked jobs in mines and a job rebuilding a foundation. Close vicinity with other guys doing hard work and we talk shit, call each other names, test each other's intellect and resilience. You're a tranny. You can't relate. You need for people to pretend to be nice to each other because your emotions are terribly fragile because you can't even accept your real gender.
I can call this guy a retard and there's no grudge. If i say something stupid then i can be called a retard that time and there's no grudge.
You being a man who pretends to be a woman means you need rules to protect you from insults because the truth is you're a fraud.
Just like jews need laws to incriminate us for anti-Semitism because the truth is they deserve a real holocaust that they always pretended they had. They subconsciously know they deserve one. Rather than correct their behavior they live out their fake holocausts through their satanic, perverted jew holohoax jew fan fiction. It brainwashed generations of White Zionist buffoons into literally worshiping kikes as some kind of fake "chosen people" chosen by God to rule over them and conquer the middle east to restore a bunch of pasty white olive tree pollen allergic lactose intolerate kikes who get sunburned in the very land they claim they originate from. Sneezing from the pollen from the olive trees in the land they claimed they originate from.
Now are we allowed to call jews liars or is that a violation of rule 1 as well?
No and you are displaying a lack intelligence with no reading comprehension for thinking that. The comparison was between gold and Bitcoin, but in your haste to feel superior you've displayed only the reading comprehension of the average public school middle schooler circa 2026. Absolute troglodyte behavior
Rule 1
If you edit I won't remove. Thanks for your help
Did you hit the guy I replied to for saying I should be banned for being retarded? Or just me? Why is one use acceptable but one isn't?
Just now, sorry I missed that, had to mop up a lot of Vlad today, thanks for letting me know.
I know i called you retarded but this guy is even worse. Calling jew dollars sound money is silly but i'm willing to set that disagreement aside because this tranny u/thisisnotanexit is a retard cunt more deserving of ire.
I'm not reporting this, but: By current standards "retarded" is deprecated (I would affirm someone posting a community vote on Rule 1). By my standards "troglodyte behavior" shouldn't be deprecated because it's about behavior rather than person, and "no reading comprehension" shouldn't be because it's implied to be based on available evidence; but I don't know the mods' current standards.
Yes, I think reading comprehension can be questioned without using the word retard.
You guys are even more gay than most dyke Human Resources employees.
This feels like some kind of emergency Human Resources intervention because someone in the government office building said "retard" and the middle aged lesbian cat lady who was shopping amazon on taxpayer time overheard it and felt offended from the isolation of her cubicle.
I literally began the discussion on this three months ago and nobody proposed the idea that abuse was not abusive. Now that people are proposing that, I think the free-for-all idea actually settles that concern too.
Technically it was a crash. In fact, historically when that large of a move happens in one day it's over for the PM bull market. But given how early things are and the major de-dollarisation macro we're in, that seems unlikely. As predicted by some here, they wanted to shake people out.
Today it looks like a v-shaped recovery, but I don't want to get my hopes up too soon.
ROFL