is the gold crash finally here?

[Ed MOTHERFUCKING G]

What are you guys talking about..ITS GOLD

Offshore markets? Be very careful. Globally, everyone is doing bad. Gold is the standard. It's much less risky and it's not going to drop off in value. Unless you are trying to launder drug money or something cray like that , investing in various energy stocks is not bad, even if you have to pay taxes on capital gains.

Lets not go crazy here. Other than that agreed 100%

Gold is always better than dollar/dinero/mark/pound/yen/Euro/baht/rubel/etc. Gold can drop in value but never below the value of a country's monetary value. It is less risky, and it doesn't have the potential to explode in value like real estate that carries even more risk.

But it does lose value.

In a decade gold has increased from $300 to $1500 or 500%

Compare that to Housing prices during 2000 - 2010

Home Prices in Major Metro Areas: 2000-2010 | Intellectual Takeout (ITO)

 

[TLR Is Mental Poison]

I cant wait to find out what the next thing that "cant go down" will be. Tech stocks, houses, gold... whats left?

 

[Julius Skrrvin]

I cant wait to find out what the next thing that "cant go down" will be. Tech stocks, houses, gold... whats left?

housing confidence is already in the

 

[BlvdBrawler]

housing confidence is already in the

Yea anytime people start talking about "it only goes up", you can be sure a bubble is forming.

 

[TLR Is Mental Poison]

housing confidence is already in the

I dont know brehs. I am looking to buy something down in NC and shyt is heating up. The heat looks fundamentally sound too which is what worries me the most. I am scared shyt will be 30-40K more when I'm actually ready to buy. Part of it is that fear too... its gonna be more in the future so I gotta buy now etc.

 

[50CentStan]

How long do u guys think gold will keep falling? I want to buy but not until its near the bottom of the valley.

 

[alybaba]

I cant wait to find out what the next thing that "cant go down" will be. Tech stocks, houses, gold... whats left?

Bond market

 

[Julius Skrrvin]

I dont know brehs. I am looking to buy something down in NC and shyt is heating up. The heat looks fundamentally sound too which is what worries me the most. I am scared shyt will be 30-40K more when I'm actually ready to buy. Part of it is that fear too... its gonna be more in the future so I gotta buy now etc.

Home-builder confidence lowest in six months - MarketWatch

 

[TLR Is Mental Poison]

Home-builder confidence lowest in six months - MarketWatch

Thats just unique to builders. Builders need low inventory to thrive- this is why they are still able to turn a profit building condos in NYC. Everywhere else, there are still foreclosures and short sales to clear out. Many of which were the result of overbuilding So to a degree builders did it to themselves. They stole future sales to take advantage of the boom. I am not mad though. Im seeing houses from the mid aughts in the high 100K range

 

[Orbital-Fetus]

@Orbital-Fetus



us

Someone needs to make it a smiley.

photo never gets old

 

[Dusty Bake Activate]

 

[OsO]

Lol...what are you talking about? It already has crashed.

Gold crash heralds return of King Dollar | smh.com.au

"crashed"... to 1360.

cmon sun it dropped 300 in 10 months... thats hardly a crash.

plus investments and value are looked at over years, decades even. not the last 10 months, especially when dealing with precious metals, and especially gold.

again, gold was valued and used as currency thousands of years before the dollar existed, and gold will continue to be valued and used as a medium of exchange long after the dollar is gone. period.

breh this is type of thinking is the problem. if you buy gold thinking you won't lose because "omg it's gold" you're going to be in trouble. we're not talking about gold's social value, we're talking about the rate at which it's bought and sold--that has always fluctuated

everything fluctuates. but my point is that gold will ALWAYS be a solid investment. you will never lose the house betting on gold. can you say the same for the debtor driven dollar? no definitely not.

the dollar is still in trouble. the united states still does not spend money efficiently, mainly because corps/banks/other elites have taken control of government policy and regulation. our national deficit is still way too big and i dont see any significant relief from that in the near future. so yes, gold is a safer bet than the dollar.

Clearly a buy opportunity

clearly

 

[zerozero]

everything fluctuates. but my point is that gold will ALWAYS be a solid investment. you will never lose the house betting on gold. can you say the same for the debtor driven dollar? no definitely not.

you will also not lose the house buying 5 tons of glass. someone will always want to buy glass. the question is how much it costed you vs how much it's really worth in the future

 

[OsO]

you will also not lose the house buying 5 tons of glass. someone will always want to buy glass. the question is how much it costed you vs how much it's really worth in the future

you're trying too hard.

but i tell you what, you can have all the glass in the world and ill take all the gold in the world and we'll see who can negotiate more value for their respective goods across time.

 

[TLR Is Mental Poison]

you're trying too hard.

but i tell you what, you can have all the glass in the world and ill take all the gold in the world and we'll see who can negotiate more value for their respective goods across time.

What is golds value... how is it a hedge against anything when its value is not fixed