Honey, Lets Sell the Kids and Buy Gold

Discussion in 'Commodity Futures' started by schizo, May 17, 2024.

  1. schizo

    schizo

    I said with tongue in cheek that everyone should buy the US treasury to finance our debt, but, but...

    But if you think about it, that's not a bad thing when you factor in how stupid and wasteful American consumers are. They will continue to spend even when they're neck deep in debt. And now you know why I consider Chinese to be even dumber for having sold our dollar.
     
    #41     Jun 10, 2024
    countryBoy641 likes this.
  2. maxinger

    maxinger

    upload_2024-9-20_20-2-38.jpeg

    It breaks the record high.

    Up it goes to the moon and beyond.


    mid May 2024 price: 2360
    Now 2640
    profit : 12%
    OP is now very rich.
     
    #42     Sep 20, 2024
  3. zdreg

    zdreg

    #43     Sep 20, 2024
  4. maxinger

    maxinger

    upload_2024-9-20_20-20-57.jpeg
    Gold is now in the uncharted territory.
     
    #44     Sep 20, 2024
  5. zdreg

    zdreg

    re: store of value
    Tradition vs. Innovation
    Gold vs. Bitcoin
    Both in theory exist in limited amounts.
     
    #45     Sep 20, 2024

  6. Mid May 2024
    @maxinger @schizo


    Gold and bitcoin should not even be compared at this point...bitcoin is in a whole other class of its own. It reminds me, when there was a 4x4 contest between various truck brands, and on site they had a Hummer to pull out anybody who got stuck in the mud lol. It's like why even have the competition? The clear winner is the Hummer. :)
     
    #46     Sep 20, 2024
    zdreg likes this.