Redpill me on GOLD

Should i buy it before the colapse? yes and why?

Attached: descarga (1).png (500x667, 271.74K)

Other urls found in this thread:

bloomberg.com/news/articles/2020-04-21/bofa-raises-gold-target-to-3-000-as-fed-can-t-print-gold
twitter.com/AnonBabble

Gold has been a currency since 600 BC.
Pretty good track record if you ask me.

If you have extra money on top of what you already want to put into stocks or crypto, then I would say buy gold now Otherwise don’t worry too much about it.

None of us have any idea what a real collapse is. Don’t get me wrong, I believe it’s likely to happen in our lifetimes, but it’s not gonna happen quite now.

Personally I’ve been putting a good chunk already into stocks and crypto, but I wanna add precious metals to that. I wanna buy silver but I don’t wanna get robbed in (((premiums))). But I also don’t know shit about buying precious metal just yet, so we’ll see.

warren buffet said that gold is nice to look at and fondle and it is shiny but it doesn't do much. i think i agree with that mentality "fools gold" as they say

Yes.

Buffet is a pedophile who made is money through insider knowledge and blackmail. Fuck that pedo kike.

I mean i dont give a fuck about Warren Buffet thinks, he is a system puppet. But thank you for insight.

It'll never collapse, but it'll certainly never make you wealthy. Stop fucking around and get on the UND train before it 50x's. You had 11 months.

Yes its going to go really high until the federal reserve hikes interest rates which they may never do. Bank of America sees 3k gold.
bloomberg.com/news/articles/2020-04-21/bofa-raises-gold-target-to-3-000-as-fed-can-t-print-gold

baseless claims from haters who are ngtmi
>don't give a fuck about buffet
I hope you mean jimmy

Buffett would probably hate himself if he was born into any other life. He outed himself as senile when he started to suck Obama's cock even though Obama hates rich old white people.

This

>ID
>sQQQ
I'm going to make

Attached: 1587577872057.jpg (730x783, 87.74K)

Oh shit, ID checked

Buy it so my stack makes gainz.

Silver at 16.80.
Rising just within 4 hours.

Attached: 20200516_002559.jpg (810x2220, 410.28K)

Forgot the bible passage...
St Matthew 6:12 DRC1752
And forgive us our debts, as we also forgive our debtors.

what does the ant text with a billion replies say

If you want to stack physical just DCA.
If you're going paper gold wait for the next dip which will come at some point.

Buffet is a fucking idiot now. Times have changed and fundamentals have completely changed since when he first started investing. This whole buy and hold strategy is a ponzi scheme meant to fool old boomers to invest their retirement. The US economy is complete shit and the bubble has already popped. Eventually these overpriced stocks will collapse when they can no longer justify P/E ratios of 90.

>P/E ratios of
explain this to me like I was 5

You should have bought in 2013-2019. Now premiums are high and physical is in short supply everywhere. Many of the wealthiest men in the world have recently been calling for gold in portfolios - Dalio, Druckenmiller, Gundlach, Sam Zell, Jim Rogers.

If you just want some exposure buy some GDX or GDXJ and enjoy the free 100-200% return over the next 18 months.

1/4

Attached: Screenshot_20200508-015536_Chrome.jpg (757x1972, 731.19K)

Google it

2/4

Attached: Screenshot_20200508-015554_Chrome.jpg (1080x1257, 513.55K)

3/4

Attached: Screenshot_20200508-015629_Chrome.jpg (761x1715, 522.39K)

3.5/4

Attached: Screenshot_20200508-015709_Chrome.jpg (763x2353, 875.12K)

4/4

Attached: 8x3kcv2dze811.png (1536x1192, 633.28K)

>This whole buy and hold strategy is a ponzi scheme
nigger what

the idea is youre investing into a business not an etf. yeah holding etfs is a scam but if you own shares of something like coca cola, there is a low chance you will be losing money in the long term

Kill yourself.

American investment portfolios now consist of 0.5% precious metals. The historic mean is 2%. A return to normal once gold prices go up will mean a 4x

Just holding the big miners like newmont or Barrick is a brainless 2x