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Gold hits an ALL TIME HIGH! Who’s investing?!

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Jul 25, 2020 2:37 PM
#1

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Jun 2008
25970
Gold just hit an all time high...like EVER!

One ounce of gold is over $1,900...

And experts say it’s only gonna go higher!


These are fun/anxious/interesting times for precious metal investors!

Anyone has gold fever right now?!
Jul 25, 2020 2:39 PM
#2
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Jul 2018
561871
You think I have money to invest?

Good one.
Jul 25, 2020 2:40 PM
#3

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Jun 2015
13681
good luck selling it for that

when things are uncertain,
people tend to buy gold lol

Jul 25, 2020 2:45 PM
#4

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Jun 2008
25970
I got a lot of Silver in my possession which is Also going up and up...

And soon, I’ll be getting in the gold game too...

I’m no expert, but even a novice can see we are heading towards inflation!

Which means, you’re better off investing in something other than worthless pieces of paper.

And I sure love gold!
Jul 25, 2020 2:52 PM
#5
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Jul 2018
561871
Gold? Pff. I invest in United States debt.
Jul 25, 2020 2:53 PM
#6

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Jun 2019
6748
Not really, never thought about investing since it would take me some daily mental attention. If I did, I would go for a real portfolio and monitor it carefully instead of checking CD all day.

IbarakiDouji said:
Gold? Pff. I invest in United States debt.

Reminds me of people buying Russian debt in the beginning of the 20th century. A safe investment.
MeusnierJul 25, 2020 3:13 PM
Jul 25, 2020 2:59 PM
#7
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Jul 2018
561871
@Meusnier
As long as you do not invest in Russian debt, it is going to be all right.

'Not really, never thought about investing since it would take me some daily mental attention. If I did, I would go for a real portfolio and monitor it carefully instead of checking CD all day.'
P.S. Go write some synopses. There are far too many of them that have not been updated yet and they are horrible.
Jul 25, 2020 3:05 PM
#8
Community Mod
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Feb 2014
477
Economic crash followed by money printer go brrr

that's my prediction anyway.

I don't have anywhere near enough money to invest.
Jul 25, 2020 3:18 PM
#9
lagom
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Jan 2009
107330
play this gold song while investing too

Jul 25, 2020 3:20 PM

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Jun 2019
6748
IbarakiDouji said:
@Meusnier
As long as you do not invest in Russian debt, it is going to be all right.

'Not really, never thought about investing since it would take me some daily mental attention. If I did, I would go for a real portfolio and monitor it carefully instead of checking CD all day.'
P.S. Go write some synopses. There are far too many of them that have not been updated yet and they are horrible.

Well, investing in the stock-market without a serious knowledge and an important personal investment can be disastrous (junk bonds). But anyway, it is not the moment to buy gold since it is historically high! Wait for the next economic bubble to buy it at a low cost.

Just send me your requests in a comment, but you should be patient since I will not write more than one synopsis a week. I am working for free after all, but some even pay to work in Rewrite (the MAL supporters).
Jul 25, 2020 3:31 PM
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Jul 2018
561871
@Meusnier

I do not invest in anything anymore. I used to save in pound sterling, which was not the best decision to make. Remember 2016. And, of course, I would not invest in United States debt; that is what China does.

Wait for the next economic bubble to buy it at a low cost.

This ^
Jul 25, 2020 3:40 PM

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Jul 2015
14378
Ya all gonna be there with your gold wondering why you didn't invest into potatoes when shit hits the fan.
I'll invest in gold when you'll be willing to sell it for potatoes at a rate that advantages me (^: *goes water her garden*
Prophetess of the Golden Era
Jul 25, 2020 4:00 PM

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Mar 2018
3781
How much gold can I buy for three euros and fifty cents?


“The most shameless thing in the world is political power that can be inherited regardless of ability or talent!”
Jul 25, 2020 4:23 PM

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Jul 2011
8268
Luchse said:
How much gold can I buy for three euros and fifty cents?


I laughed more than I should have haha.


Jul 25, 2020 4:40 PM
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Jul 2018
561871
--ALEX-- said:
I’m no expert, but even a novice can see we are heading towards inflation!

Which means, you’re better off investing in something other than worthless pieces of paper.

Economists don't expect the Covid-19 economic crisis to cause much inflation:
KEY POINTS
-Record fiscal and monetary stimulus has renewed concerns that inflation could surge.
-Weak demand could continue to put downward pressure on prices despite some supply shocks.
-Many economists say the link between money creation and consumer prices has weakened in recent years.
Jul 25, 2020 4:59 PM
resident arbiter

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Oct 2015
6773
Luchse said:
How much gold can I buy for three euros and fifty cents?


I dunno whether I should laugh or cry.

OT: I suppose it is true as a rule of thumb that in times of crisis gold tends to be a safe bet (assuming things eventually get better ofc lol or you'll end up starving with lots of gold but that's a comical caricature and not the reality for any developed country). But I'd much rather not have to deal with the risk aspect and invest in indices for various markets (or I guess what stocks accurately represent the index for that particular market I'm not too sure how it goes exactly). Though, this is assuming I have the money, *sigh*
Jul 26, 2020 1:34 AM

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Jan 2020
881
You all should invest in yourself. Due to the pandemic and social distancing, there are more horny people than ever. If you sell yourself on the street, you'd make a fortune. What are you waiting for? Start now!
"You misunderstood from the very beginning. You just believed what you wanted to believe."
Rei Ayanami
Jul 26, 2020 4:34 AM

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Feb 2019
4369
No, seriously, who even invests in gold after most African and South American countries became independent? Everyone is such a imperialist boomer these days.
Jul 26, 2020 6:35 PM

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Oct 2012
2104
is that you dad? it's time to log off and go to bed
Jul 26, 2020 7:04 PM

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Jun 2008
25970
vuxk said:
You all should invest in yourself. Due to the pandemic and social distancing, there are more horny people than ever. If you sell yourself on the street, you'd make a fortune. What are you waiting for? Start now!

Bro....If I was a girl, I'd be a HUGE Whore by now, trust me.

Dudes don't make money whoring themselves out unless they go gay.

Meanwhile, as a girl, you just gotta be SOMEWHAT attractive and the dolla bills will start flowing in.

Jul 26, 2020 7:18 PM

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Oct 2014
120
I'm not investing on gold buy it in lower price and sell it when it in higher price, but I do buy it for safety reason.. to keep my saving at certain nominal.. if anything happen with currency...
ささやかれし ひそやかなる二つの心
愛の舞、神聖なる旋律
嵐と太陽を超え、永遠の真実
ふたつの魂、輝かしい色彩
永遠の炎、すべての夜を通じて
愛の交響曲、永遠の飛翔。

Jul 27, 2020 11:37 AM

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May 2019
2476
Oh, so I missed a big surge, huh? Sad times.
Jul 27, 2020 11:44 AM

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Jun 2008
25970
SO.....yeah....even MORE RISE TODAY!

Gold is now up to $1,936 per ounce!

And Silver is up too....up to $24.60

FUCK, this is exciting!
Aug 7, 2020 10:56 PM

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Jun 2008
25970
Only 15 days since I made this thread, and Gold and Silver have continued to go up and up and UP!

July 25

Gold = $1900
Silver = $23

August 7

Gold = $2,040
Silver = $28


And YES....Thankfully, I took my own advice and bought GOLD.
Aug 7, 2020 11:02 PM
Cat Hater

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Feb 2017
10005
Investing during all-time highs has always been a sign of unparalleled intelligence.

What do I know though. Listen to the experts.
Aug 7, 2020 11:12 PM

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Jun 2008
25970
149597871 said:
Investing during all-time highs has always been a sign of unparalleled intelligence.

What do I know though. Listen to the experts.

True.

As the saying goes....buy low, sell high.

Buying high doesn't make sense.

Unless, you're in a bull market.

All investments are risk.

If there was ever anything as a "Sure thing" everyone would be rich.

Basically I've come to this conclusion...

The U.S economy is rapidly deteriorating....putting your faith in Fiat money when it's clear as day that inflation will hit us (one way or another) soon enough is not wise.

I've had Silver for some time now and I've easily doubled my revenue in the past month with how crazy things are going...

I was always skittish about gold since it's soooo expensive compared to Silver.

But as I said....we're in a bull market.
--ALEX--Aug 7, 2020 11:16 PM

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