/biz/ - Business & Finance

Just sold my stack

>>56363905
gold baggies are only down 20% instead of 23% now. wahoo!

>>56363978
You can just say "I'm too poor to afford gold" instead of saying things like that which make you look poor AND retarded
>t. up 18% on my last gold purchase, up 8% overall thanks to DCAing and paying attention to markets

>>56364000
or i can just pull up a gold chart and btfo you instantly
curious how as an alleged gold investor you're unaware of how the price has changed over a time range longer than a week

>>56364000
>up 8% overall
Now try and sell it at spot.

>>56364000

>>56364099
if you have actual nation state bullion coins you can get over spot

you didnt fall for the bar meme did you? I seriously hope not

>>56363905
>gold gains 3%
>you paid 3% premiums
that's a break even at best.
if a person bought a low and gained more than 3%, taxes will eat up most of the remaining profit.

to make a living off it you about need 10 ounces of gold and a 50% gain, and even then you have to sell some of it to get your money out. So you make less off the next rise.

>>56364000
>up 18% on my last gold purchase, up 8% overall
So you are down 2% on your last purchase and down 12% overall minus tip (Translator note : Tip means the extra %s when the buyer tells you he won't buy at current spot)

And while I'm here, today I will remind them

>>56363905
so its true, they are grinding the bones of children into gold

>>56363978
>>56364094
>>56364103
kek'd and rek'd

anyone who bought gold within the last four years is breaking even at best, and more likely they've lost money after you account for inflation

if you're a prepper and you want to buy gold along with guns and canned food, that's dumb but at least it makes some kind of sense

buying gold as an investment, however, is pure retardation

>>56364099
Nobody buys their gold and sell it next week you absolute moron, gold is a hedge so its an asset designed to gather dust in a safe box for over 2 decades if not more and only made liquid if things get dire, and im talking argentina or Venezuela dire, if that happens the price will triple over spot but at the same time nobody will sell their gold, no goldtards are truly a special kind of retard

>>56364613
What happened in 2011

>>56363905
>goldfags when their shitbars barely beat inflation
Good luck selling it faggots

>>56365031
>"There's an app for that."
>"Don't you think they have that figured out already?"
>"Give up."
>"As a matter of fact. Never have another idea again."
>Download my app from this QR code.
Fuck you.

>>56367337
>im too poor to even afford a oz
>wojaktard
Lmao I can even taste the seethe
>>56367392
Meds

>>56367406
Someone doesn't know how to draw blood from the boomer rocks and it shows.

goldbugs getting aggressive any time someone talks shit is hilarious
at least we can have fun mocking fiatcels
imagine being pro-fiat but having your deposits evaporate due to bond prices crashing

>>56367420
Okat zoomie, you will never own gold you are too poor and way too retarded, enjoy playing with your feces, you will own nothing and be happy

>>56363905
>no one cares about ukraine anymore

>>56367475
>Have fun gaslighting the peasants. Do you have enough oil?
It's giving.

>>56367526
You dont even know what gaslight means you dumb zoomer shitstain

>>56367548
Seethe you boomer fuck. Your shit attitude is the reason industries are 1000's of years behind.

>>56367576
I though you little shits were supossed to be tech savy, start some computer Internet modern online thingy son :^) you will stop the tumbling into poberty and get some shiny rocks, when you are not a starving fag it becomes just another hobby heh, nothing personel

>>56367596
The line between niggerlicious consumption and divine intellect gets blurred when adhd pajeets fiending for adderall think they can manipulate your future with their buttcoins. The rules change when the game is rigged against you.

>>56367285
Clown era began.