Why are gold prices down? | |
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Crypto-Tard
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Anonymous Coward User ID: 84227855 Australia 09/22/2022 09:54 PM Report Abusive Post Report Copyright Violation | Derivatives markets are pushing price of everything down. Sure people are selling the real stuff, whether it’s stocks, metals, crypto whatever.... people are selling the actual assets but derivatives price pressure is almost always to blame for shit like this. Should be illegal. |
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Anonymous Coward User ID: 82707475 United States 09/22/2022 10:05 PM Report Abusive Post Report Copyright Violation | Oh, geez, another victim of public educaton. Quoting: Anonymous Coward 79661791 Numerator over denominator. the Denominator is the USD. The USD index is at a high it hasn't seen in over 20 years. Math, fella. Nothing more to say in this thread. Dollar is strong beyond words and gold is in the shitter. Period. |
Anonymous Coward User ID: 83451304 United States 09/22/2022 10:16 PM Report Abusive Post Report Copyright Violation | Oh, geez, another victim of public educaton. Quoting: Anonymous Coward 79661791 Numerator over denominator. the Denominator is the USD. The USD index is at a high it hasn't seen in over 20 years. Math, fella. Im curious how do you know OP went through public education? Did you go to private school? Did it teach you to assume things and be a judgmental prick? |
Anonymous Coward User ID: 83451304 United States 09/22/2022 10:18 PM Report Abusive Post Report Copyright Violation | Oh, geez, another victim of public educaton. Quoting: Anonymous Coward 79661791 Numerator over denominator. the Denominator is the USD. The USD index is at a high it hasn't seen in over 20 years. Math, fella. Nothing more to say in this thread. Dollar is strong beyond words and gold is in the shitter. Period. The dollar being strong has nothing to do with why gold is being beaten down. It’s not like a dollar can buy you any more than it did before of any other commodity. You must be another private school prick. Gold is being artificially kept down and controlled with all the power contracts and futures markets as others have stated. |
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Anonymous Coward User ID: 84140716 United Kingdom 09/23/2022 03:24 AM Report Abusive Post Report Copyright Violation | The price of anything, denominated in a fake currency that can be printed at will, can be made to be anything. Quoting: Crypto-Tard Until people no longer accept the fake money. :benjamin meme: Arent they getting rid of cash in the US this year? Just gonna have govt controlled deigital money from what I seen. Not ggod, even worse than cash. |
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ranjmaz
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Anonymous Coward User ID: 80983340 Denmark 09/23/2022 04:46 AM Report Abusive Post Report Copyright Violation | Oh, geez, another victim of public educaton. Quoting: Anonymous Coward 79661791 Numerator over denominator. the Denominator is the USD. The USD index is at a high it hasn't seen in over 20 years. Math, fella. The Dxy is over 112 this morning. The dollar is mooning. Wait until the bitcoiners finally figure this out. BTC is gonna get REKT. |
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Anonymous Coward User ID: 84142752 United States 09/23/2022 05:04 AM Report Abusive Post Report Copyright Violation | During a depression, you can't eat gold. And nether can you sell it because nobody has any money to buy it. At best you might get 10% what you paid for it if the buyer realizes you're starving and desperate. Also, after another world war and plague, there will be a surplus of available gold for sale after 90% of the world's population no longer exists. Best thing to invest in now is a safe haven. Land. Farmable land. Forested land too (trees for heating fuel). And land far enough away from those that would want to harm you and take what you have from you. You'll want a good well on that land too. Act fast, time is running out to do so. |
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