/biz/ - Business & Finance

>>21592161
>The value is clearly defined in any major currency. On a second by second basis.
This assumes that currencies have a measurable value
>Money is something you buy bread with and try buying bread with a 1/10th silver ounce.
>Gold in itself has the value of a rock. The value comes from people paying money or good for these rocks. Same with any currency or many other assets.
This is a shill argument and also a bit of a non argument.
I'll address it for the anons that have been fooled.
>St. Louis Fed: The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
You are trusting the Federal Government, Treasury. and the Federal Reserve with maintaining a paper note that absolutely does not have a limited supply. We materialized 6T dollars somehow in a year. "Loans" they say. It's bullshit. Dollars also are being taken out of circulation to forward surveillance and control initiatives. We're moving to a fully digital monetary system where tangible dollars are not acceptable. Additionally, dollars can be censored. Alex Jones and 4chan are the biggest cases here. Dollars that are digital your hands are not always portable.
so at best in this crackpot post, Dollars are
>not limited in supply
>not always acceptable unless digital
>not always portable.
Dollars are a currency at best, and worthless at worst. So, cicling back...
>Gold in itself has the value of a rock.
Gold in itself has the value of a rock that can be used as money. Bitcoin has this property as well, but it has network risk. Gold's a fucking rock. it's not going to get fucked up by a solar flare or flood that knocks off half of the hashpower. It's main drawback is that it's not as portable and divisible. That's why we have currency, but holy shit, the currency is out of control. No one really wants Gold to moon, but it's fucking happening and this is probably the best way to preserve your wealth moving forward.

>>20099202
>retardation of nighttime and weekend smg has exceeded daytime retardation.
Regarding off-topic, I only vaguely agree that it's more retarded, but the amount of discussion regarding macro and sectors is generally much better and easy to find info
>DDTG
i don't get this meme
>Give a shit about what?
duh ronah. I forgot about fiscal too. The UE rates will be fun this quarter.
>the dam
does that really matter? Too much craziness to predict anything that makes sense with that from my pov. The gold scam is more interesting imo, but knowing the Chinese, there's no way to predict what materializes from that too.

>>20075998
no, you faggot immigrants fuck off already. for the love of god, do it before 5pm like it normal. jesus fuck.

>>20016058
i'm sorry senpai, but this reads like
>antshares vibes

>>19263713
>vaccines
>hopefully more states ease up restrictions
aren't these contradictory? I hate these bubble market dynamics.
>tfw 26 year old boomer

>>19193100
Yes. And no. Mostly no due to uncertainty. I don't know where I can go to monitor June contracts since investing.com rolled them over yesterday and marketwatch isn't showing them now. So no idea what is happening. And now July seems to maybe decoupled with the DOW and is trending up. Yet we have 34k OI remaining. I have no fucking idea what is going on or to expect.

>>19012765
you're not wrong about buying with upside from the TA faggot POV, but jesus fucking christ. You deserve the future your gut predicts.