/biz/ - Business & Finance

>>8029082
This is a boring question, but how does rising inflation affect gold prices? Also how do rising interest rates affect gold prices?

FUCK

>>8029136
Gold and USD have inverse correlation

USD drops, gold rises and vice versa

Interest rate is said to influence the USD, so it should influence gold price indirectly. But in my opinion, that is not the case currently

The best correlation now is the USD price

>>8029193
With everyone thinking we are going to have another recession, i'm surprised more people aren't stocking up on gold.

>>8029193
Would increasing interest rates decrease the price of gold, because it makes hold bonds and income assets more attractive?

The inverse correlation with USD makes sense, but I'm concerned about buying gold right now because of the rising interest rates

Buy WM, they said.
Countercyclical, they said.
Recession proof, they said.
Literally can't go wrong.

>>8029226
literally nobody thinks that but retards

>>8029239
WM has been pretty solid for the last 3 months, I don't understand why you think the sky is falling.
>>8029258
Good to hear

Cola-san I didnt know you could moon this hard...

>>8029305
I meant WMT.

>>8029328
Yeah thats a totally different story, especially if you got in at least a month ago.

>>8029328
the waltons need to pump this shit fast before it goes to 80

So, did /smg/ listen and get in on the KTOS train?

Great ER.

>>8029487
I didn't, I should have. Taking a break from meme stocks, I can live with myself letting this one pass.

>>8029226
In fact, I think recession is far from happening. The US economy is strong and is creating value and productivity. What is happening is deleveraging and the game for Trump and Powell is to do it smoothly.

In my view, gold and bitcoin have the same fundamental : people's belief and superstition. You stock on gold when you know there is hyperinflation. Gold has been rising for some time now but not much is pointing to hyperinflation.

How I would play gold ? If you are bearish on equities and USD but you are too much of a pussy to short stocks, I would convert a part of my cash in gold (IAU or GLD etf). Either you gain some value, either you end up with the same amount. I heard JPY is good to hold during USD bear market.

>tl;dr portfolio allocation : a part in stocks of solid companies, a part in gold, a part cash in JPY

>>8029234
Interest rising is a part of the plan by Trump and Powell. They precisely want company and people to deleverage and start saving.

Interest rate doesn't directly influence gold price. Interest rate influences inflation (USD value) which influences gold price. Right now, rates have been rising but so are the future government spendings, which would inject money into the real economy instead of financial assets like during the QE, which increases the inflation.

You can bet the next inflation release will be watched intensely by everybody and their mother.

>>8029515
It is generally a good idea to not listen to /smg/ memes if they are not backed up. You are a bear even if you deny it :)

>>8029239
WM should do ok with all the mass shootings you guys have (the crime scene cleanings to do and corpses to go to the trash bin)

>>8029568
gratz my bear friend
But is the AH volume solid ?

>>8029487
>>8029568
I did. What's your method of finding stocks?

>>8029531
Good info, thanks.

>>8029531

Next consumer price index is coming out on the 13th a week before the fed raises rates again.

>>8029234
As for gold, everything has risk but it is better than doing nothing.
Use gold as a hedge to express your bearishness if you are not willing to go short the market

What platform do you guys trade on. I've dabbled in Ameritrade, but it's expensive since I only have a couple of thousand invested. Everyone talks about shorting and I understand the concept of it, but placing an order seems very confusing. Anyone have any suggestions of where to learn the process of placing a short?

What is happening with all these newfags

Did they get disgusted by all their chink and pajeet scam coins ?

>>8029723
Thanks for the info

But I am not a macro trader, I am here with you guys, professionnal meme buyers and knife catchers

>>8029795
On interactive brokers, i just click sell and it figures out the lending costs and then I'm short.

>>8029795
I was on on Options House now E Trade
Also Robinhood for fun.
Though I will probably switch to all RH once destkop,options, and IRA accounts are enabled.

>>8029234
old fixedIncome investments will never be attractive again
dividends will always outperform them

>>8029829
I started trading a couple of months ago. I'm a student and didn't find a point of investing if I didn't have a couple of thousand to throw down without having to withdraw the money all the time. I absolutely despise crypto, so make no mistake, I didn't come from there.
>>8029848
Damn didn't even know that existed, ill check it out.

use options instead of a short if you think the price will go down

>>8029625
Seems so. More vol. then avg ofc. We'll find out for sure tomorrow in the AM.

>>8029657
I look for companies with good growth potential. Good Debt/Equity, decent amount of cash on hand. A large institutional investor base holding shares is a +. I also refuse to do BioPharm stocks.

KTOS is a good fit for all these. They focus on drones, which is quickly becoming the way much of war is waged. I am very happy they sold off their Public Safety & Security division to focus more on drones. That is their money maker.

I try to stick with sectorsI know or have done a fair amount of research into.

>>8029928
Oh I see

What matters for you is not the amount but what you learn and you want out of the market becasue day trading and investing are different.

Even if you invest just a few hundred bucks, you gonna learn how to invest.

>>8029991
Also if you like a stock and want to learn more about it, a good place to go is trading view to help look at technical analysis. You can always ask on here as well.

>>8029657

>>8030087
Yeah, I thought having half my funds for long term investments, and half to fuck around day trading with would be a good split. Just after a month of day trading though, I can see why some people would hang themselves. Jesus, what an emotional roller coaster that can be. Luckily, Ameritrade does have an amazing educational program when you open an account with them, learned a lot.

DOWN DOW DOWN

>>8030187
Personally, I don't day trade. I know some TA stuff but I use them only to know when to enter a stock I like or when to exit.

I prefer holding on companies which stories and prospects I believe (like AMRS)

>>8029258
Oh yeah?

>>8029161
nikkei no bueno?

>>8029082
whats the robinhood.com of europe? anyone?

>>8030380
friendly reminder we still have room for another double or triple

>>8030424
Not open yet.

>>8030424
I have short nikkei options, ill close one today and hold the other

>>8030537
Just pay your fees, goy!

>>8030546
Yeah, unless we don't have.

The stock market has predicted 10 out of the last 6 recessions

what's that quote from the book about people in a part with sparking champaign asking what time it is? it was a metaphor for a bull market

>>8030586
>>8030622
>>8030629
The thing is, nobody knows when the party stops
If you do, put your money where your mouth is and go short the market

>>8030740
I'm just mostly staying out recently because it seems like too much of a crapshoot to make any predictions. +50%, maybe? -50%, maybe?

>>8030740
I'm ultra long. My money is where my mouth is :-) Let the bears die. Bears are born losers.

>>8030806
BASED

>>8030782
thats actually impossible you nog, it would take many months

>>8029991
>can't beat dem drones

Apparently you can't invest directly in General Atomics, but apparently Honeywell sells the engines that GA puts in their Predators

>>8030782
>>8030806
I am confident in the shits I am holding (not that they each take up a huge portion of my portfolio anyway)
I am keeping some cash to buy the dip when (if) that happens

Dump $500 into one: MJ( muh weed ETF) SQ, or JD

>>8030879
Just for fun, what would constitute a dip for you? I mean, we came like 2500 dow points off the high a couple weeks ago, isn't that a bit of a dip?

>>8030968
MJ if you don't mind holding til summer time :-)

>>8031006
Doin long term prob. SQ is so tempting but bein a bitch and can't pull the trigger

JUST
>on the losing side of the walmart vs amazon wars

>>8031069
Buy high, sell low. Its the /biz/ way!

>>8030977
Stocks that I set my eyes on

For example, TTWO and ATVI which are fairly priced. If one day there is a big dip because algos gone crazy, I would scoop some of those delicious stocks.

how did the markets do today? bulls or bears win?

>>8032071

we got fucked my lad. good thing most of my investments are for 20 years from now so hopefully the prices will be higher then

>>8032174

Just talked to my financial advisors Nate Dogg and Chester the Cheetah and I am going all in on CRON

>Pussied out of RHT at the start of FEB
FUCK ME