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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18117774 No.18117774 [Reply] [Original]

Gold and Silver will have a run like crypto did in 2017

>> No.18117790

>>18117774
true

>> No.18117797

Maybe in 2023 they’ll even have a run like crypto will in 2020

>> No.18117811

Maybe, but definitely not soon, we have a lot of deflation ahead

>> No.18117826
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18117826

Itll be a run like in 2008. Gold will reach a new ATH of around 5k per oz.

>> No.18118714
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18118714

"no" is no for NO

we will not escape the deflationary effects of this crisis. the only things people are buying are food, toilet paper, hand sanitizer, and bleach wipes.

>> No.18118740

>>18117826
Yes... but.... say you have 3 ounces of gold... and gold goes to 5k. That’s 15k which is literally nothing......... BUT after the deflationary collapse of all asset prices that 15k will be like having 15k in the year 1930 or something so you will be rich