Thread 519448509

Why is gold rugging? Should i kill myself?

You bought the top.

more sellers than buyers

>>519448509 (OP)
buy high sell low
you have to buy when no one wants it
this is not easy, but you can learn it

>>519448509 (OP)
I just sold off about 300oz of silver last Friday. The company I went through gave me $51/oz. They have all of it but its pending ACH transfer. I really hope they arent jewish about it.

>>519448509 (OP)
>Why is gold rugging?
Bro, every single media outlet telling normalfags to go and buy gold wasn't a big enough red flag for you?
Institutional traders saw it rising due to inflation and loss of trust into the fiat currencies, decided to buy in to pump it even more and then paid off news outlets to massively shill it and whip the retailcucks into a buying frenzy.
now that all the idiot bagholders have bought in, it is time to pull out the profits.
and since the retailcucks are fucking idiots, they will immediately start dumping their own gold again, letting the institutional traders buy it back at a discount.
whenever the MSM shills something, you should be keenly aware that there's a 99% chance it's a scam and they want to trick you into becoming the exit liquidity for those who set it up.

>>519449797
Sorry goy, I had to return to sender because the account wasn’t legible. Try it again. But now it’s only worth 40/oz

>>519448806
This, retards are panic selling thinking this is the top.

>>519448509 (OP)
1. jews
2. No, jews.

>>519448509 (OP)
its over. if you didn't dump your shinies at the minerals exchange on friday afternoon you fumbled. the scales were busy as hell but you had to get your 'bloons weighed and exchanged, maybe for oil, lean hogs, or some other commodity, otherwise you morons missed the peak

>>519450873
This is a good thing. New buyers crying and their gold hasn't even been delivered yet. Gold is long game.

dropped to $4099,10 limit order executed at $4100, I can't stop winning.

>>519448509 (OP)
Gold makes detours but always goes up over time.

I dont take seriously anyone that thinks you can “rug pull” gold knowing that gold is a giant decentralized asset class.

In Canada jewellers are getting robbed and shot and home invaded left and right. Giant metals shipments are getting intercepted (look up the Pearson airport heist where like 15 million in Swiss gold shipments was stolen)

All the jewellers and gold dealers are going high security now. The gold buyer near my house has two doors and inch thick glass like in some Venezuelan bank.

The jeweller i go to you basically tell them what you want to see by appointment. You go in and the pieces are taken from the safe in another unit in the building. Then the person with the pieces walks up behind you with them on a tray and puts them down and you never see them. Then the person in front of you picks up the tray and puts it in front of you and locks the door.


https://m.youtube.com/watch?v=aC93XbF994k&pp=ygUVV2lubmlwZWcgamV3ZWxyeSBzaG90

>>519448509 (OP)
>buy high
>sell low
>the /biz/ method

>>519448509 (OP)
no lol. bankers are just scared and had some asshats selloff premarket, which made people scared when it opened for normal trading. there is nothing fundamentally wrong with gold.

>>519450368
>whenever the MSM shills something
like BTC?

>>519448509 (OP)
Zoom out

i sold 1 ounce Krugerrand yesterday for 3600€ right in time. Now you get like 3400€. I needed the money and it was pretty clear that the price will fall now for a short period of time because all the normies and NPC´s started buying

However in the long run the gold price will further raise, i was lucky buying 10 ounce in 2021 for 1400€ each. Best investment i ever did.

>>519448509 (OP)
putin and trump meeting and the potential for peace.

Huge buying opportunity today.

>>519450368
Kek you are retarded

>>519449797
You are in trouble anon

>>519448509 (OP)
>Why
Jews
Really. Look at amazon, beyond meat, general motors and downy jones graphs. Literally the inverse of the shorting (((they))) are pulling on gold and silver
>Why
because the jews in jewsa are scared the burger shekel is losing too much value too quickly and thus they are doing a pathetic attempt to short PMs and bump their shit stocks to boost the burger shekel index.
A blatant market manipulation.
Spot is mostly intact but it always trails stock. One can clearly see how fucking skewed the volume is in stock compared to physical.

>>519448509 (OP)
Buying opportunity. It will go higher, numb butts.

>>519452761
yea it can't really be taken down. It can only be affected somewhat through the stock futures side but physical is another thing, it may trail but volumes are not in favour of stock because spot holders are full dragon right now.
>>519454450
This

>>519455180
Only if you can find someone who is willing to sell you spot gold

>>519448509 (OP)
>up 100% the last 18 months
>down 5% today

Nobody thought we'd hit $4k this quickly, so it is bound for a pullback. Over the last 20 years, it has returned 11% per year, making it the best performing asset class (higher than the stock market). There is far more going on here than a simple rug pull. Countries are allocating their reserves into gold, away from fiat currencies, and the metal dealers themselves are having issues sourcing physical metal for delivery, leading to short squeezes.

>>519448509 (OP)
I just bought some gold a few days ago, yes it was high but so what I'll just hold it for a few years and it will be very high when I sell.
A few months ago I sold some gold and got nearly twice what I had paid for it.
The years are on our side just don't panic.

>>519448509 (OP)
What do you even use gold for?

>>519451298
Man I was anxious buying gold in 2021 but it has more than doubled now.
But I don't ever want to sell, it's too pretty.

>>519456422
Once you see the shine, the dragon is born

>>519456358
Money storage facility, like a house for instance.

>>519448509 (OP)
I posted this yesterday: >>519367317
and, no you shouldn't kys. If you bought at the very top, you just gotta hold until it starts growing again. Might be a few years. Such is life of a trader. Alternatively it will go up again soon, but the course of action is the same

>>519452761
Gold started crashing in early 1980s and didn't recover until early 2000s.

>>519454968
maybe provided an argument why

>>519448509 (OP)
Just watch out if it breaks this support line. It will probably bounce up from there though.

>>519456709
Yep. Gold was a shit deal for like 25 years. That's why people would scoff at goldbugs all that time.

>>519454656
give me back my gold nigger

>>519448509 (OP)
Did you look at the daily and weekly RSI, bitch is due.

>>519456709
Yeah but its up 1000 percent since 2005.

The only thing that did better than gold for me was vintage videogames. When i was collecting intensively starting around 2000 i was paying a couple dollars for a cartridge that are selling today for $300+

>>519460084
>Yeah but its up 1000 percent since 2005
and most of that was just made since august which is horrendous for dividents over a 20 year time span

bynd status?

>>519457358
that's about as far as you can get from a support line retard

>Gold
>Rugging

>>519460438
I got in at 63 cad/ g in 2019 and as of 2025 its 190cad/g so honestly 3x in 6 years is fine for me.

>>519457358
>if it breaks this support line.
Do you believe in astrology too?