1337 of the day

[Cashizslick]

Gold.

Even the 1337's are buying it by the ton !

Super-rich investors buy gold by ton | Reuters


I'd buy it too, if it weren't a foregone conclusion that the dollars collapse will coincide with mass violence and the implosion of our country.

 

[reckedracing]

I’d rather hoard bullets. Now there’s something everyone can use.

comment from that site lol

 

[E_SolSi]

i invest in brass lead and copper

i can "trade" them for gold down the road if needed

:gunfight:

 

[SlushboxTeggy]

i invest in brass lead and copper

i can "trade" them for gold down the road if needed

:gunfight:

Copper prices were actually booming today. I watch the money channels while I'm at the gym.

 

[Cashizslick]

roughly 1 month later...

Gold is 1406 now

 

[95b16coupe]

this economy is great.

people are so fucking stupid they don't know whats up and what is down.

gold up, dollar down, market up, oil up....if you had $50 in your bank 3 years ago, it still only buys $50 worth of stuff....it's just in different buckets now.

 

[reckedracing]

gold isnt really up
its just the dollar doesnt buy shit anymore
and gold is the next housing bubble
now all these fucktards buying up all this gold, just driving the price higher, are gonna be left holding vacant houses and worthless gold bullion

 

[95b16coupe]

gold isnt really up
its just the dollar doesnt buy shit anymore
and gold is the next housing bubble
now all these fucktards buying up all this gold, just driving the price higher, are gonna be left holding vacant houses and worthless gold bullion

pretty much. people think they can find security in gold. it isn't it's inflated with the dollar being down.

the dollar is being pushed down by regulators to improve the market conditions. stocks aren't really up. the value of a dollar is down, therefore buying more stocks and inflating the price of it.

 

[Cashizslick]

^ Well yeah - gold is only up when fiat currencies are in overabundance. Nobody gets into metals looking to get rich... you get into metals because you are betting on fiat oversupply.