Why is gold doing so shitty?

Discussion in 'Commodity Futures' started by SoyUnGanador, May 15, 2022.

  1. Again, when and if dollar crashes, gold will shine, and then and ONLY then...people will run on coins/bars of shiny and silver, platinum etc.
     
    #51     May 18, 2022
  2. themickey

    themickey

    I used to believe that once. Gold is a cultism.
    There is no reason for gold to shine other than from believers.
    Gold is worthless as a commodity.
     
    #52     May 18, 2022
  3. savoir

    savoir

    Gold is shiny with or without believers. I have some Krugerrands. Don’t have enough to make a difference but they look real nice.
     
    #53     May 18, 2022
    themickey likes this.
  4. Ed48

    Ed48

    Gold performed exceptionally well in the 1970s and also did very well in the 2000s.

    Maybe the 2000s were its last hurrah, and it's now consigned to history.
     
    #54     May 19, 2022
    TimtheEnchanter likes this.
  5. I do not own any gold but it Gold Futures were up $23 today
     
    Last edited: May 19, 2022
    #55     May 19, 2022
  6. themickey

    themickey

    In reality, there is nothing to see from a long term perspective.
    GettyImages-1139280391.jpg
     
    #56     May 19, 2022
  7. themickey

    themickey

    Bitcoin up 4.36% atm, it could go up 100%, I still wouldn't buy it.
     
    #57     May 19, 2022
  8. jrocco

    jrocco

    Ha! Ha! Ha! Boy! Are you deluded.
     
    #58     May 20, 2022
  9. jrocco

    jrocco

    Were you trying to make a point?
     
    #59     May 20, 2022
  10. MrMuppet

    MrMuppet

    Hahahaha boy, how do you like your long gold position?
     
    #60     May 20, 2022
    themickey likes this.