That Gold I bought keeps going up in price

[Thiel]

Most of my investments are in pizza and beer so I really don't know that much about it, but would inflation be a part of it? I mean everything else is going up in price so it figures gold and stocks would follow suit to keep up, but it seems like no real value is being added because everything else is going up too.

It's like when they say "Box Office receipts are the highest ever"... well yeah, a movie ticket is now 18 bucks where it used to be 12 bucks so of course receipts are higher... but that doesn't mean more people are going to the movies.

So I guess what I'm wondering is that when gold rises in value how much is due to inflation and how much is due to speculation? I wouldn't want to buy at a time the price is rising because everyone has gold fever. 

Just wonderin'...

Over the past century, markets have risen more than the rate of inflation.

[Thiel]

so what's behind the rise of gold lately....Lokmeer?!?

Maybe DKG kin weigh in.

Every day I open up the financial papers, sez GOLD...up $10, 20 today.

https://goldprice.org/gold-price-chart.html

Is the US dollar goin' the way of the Zimbabwe or Venezuela currency?

Are ya feelin the effects of this devaluation yet?!

I shoulda bought 100 oz last year instead a 10, eh?

Sweetie, what did I tell you last night after we had sex about the dangers of timing the market. I don't you to waste your allowance on that.

[TheProwler]

If Senile JOEJ doubles his money on his gold investment, he could afford to buy a new set of tires for Lokmar's race car.

And have enough left over to buy himself a bus pass.

[JOE]

If Senile JOEJ doubles his money on his gold investment, he could afford to buy a new set of tires for Lokmar's race car.

And have enough left over to buy himself a bus pass.

I'd be interested in throwing in $25,000 for stock investing Prowler but the market looks shaky lately. Down across the board today, eh.

When gold rises $100 or more in a week, somethin' amiss with the financial system right now.

That's a sign that there's a lotta scared investors out there right now. that's one reason why gold is going up.

BTW, the banks are scared too, Prowler.

They're all buyin' gold ta cover their tail ends, eh.
If things get bad, they got something to fall back on.

anyways, that gold ya laughed at me for buyin' ....worth more than I paid for it eh? I could sell tomorrow and make a profit.

[TheProwler]

When gold rises $100 or more in a week, somethin' amiss with the financial system right now.

Percentages, Senile JOEJ.

You do not talk about dollar amounts.

You talk about percentages.


For example:

Gold went up 5.72% this week.



I laugh at you because you go on and on and on about investing a few thousand dollars.

You are such a simpleton that saying the say thing over and over again keeps you entertained.


I think it is as fascinating as you are boring.

[JOE]

Be interesting to see where the economy and the markets are in 1-2 years TheProwlerT

These are not normal times.
There's gonna be a shakeout in the near future.

That's why I wouldn't go deep into the stock market right now.

[JOE]

Here's a guy who predicted the economic cycles we'd be in:



He lived over 140 years ago.

According to him, we are headed into a down cycle.

Historians have said he was quite accurate.

[TheProwler]

That's why I wouldn't go deep into the stock market right now.

You do not have a choice, you fucktard.

How much did your mother leave you?

[TheProwler]

Here's a guy who predicted the economic cycles we'd be in:



He lived over 140 years ago.

According to him, we are headed into a down cycle.

Historians have said he was quite accurate.

You fuckin' idiot.

According to him we are already in a down cycle and you should be buying stock.

Do you even know what year it is, Senile JOEJ?

[JOE]

You do not have a choice, you fucktard.

Why does anyone HAVE TO invest in the stock market TheProwlerT ?

Especially one with shaky fundamentals & poor economic conditions?

WHY do you insist that I don't have a choice Prowler?

Like the Investor Pros (and that DOESN'T INCLUDE YOU), I'd rather wait until there are some good deals to be had.

Your way is a surefire way to lose a lot of money - Buy at the Peak - yeah rite.

I cited those examples of people who went all in - they lost ALL of their money.

There's no need for ALL OR NOTHING.

Not even sensible and successful gamblers use that approach in a Casino.
So why would you do that in a Stock Market?

Is the Stock Market the ONLY venue for investing Prowler?

You seem to have a very narrow approach which can only lead to failure in the long run. Just like those people I knew who lost all their money.

[JOE]

Gold went up 5.72% this week.

I laugh at you because you go on and on and on about investing a few thousand dollars.

You are such a simpleton that saying the say thing over and over again keeps you entertained.

...and why do you think the Banks and the Big Investors are buying so much gold these days Prowler? Why is China buying so much gold? That's what's pushing up the price.

...because they wanna cover their behinds in case the market or the economy tanks. Obviously somebody (or many) is quite scared.

And of course they're not 100% invested in Gold.

It's their buffer they use to cover their flank.

I don't think these big investors even care if Gold happens to go  down/dips a bit. They just want some insurance for tougher economic times ahead.

so it's not really an investment. It's a Hedge. Do you understand the difference Prowler?

And Gold is their insurance policy at the moment.

[JOE]

Anyways TheProwlerT , my take is that the doom 'n gloom news we're hearing lately won't come to a fore this year, but next - in 2025.

I've noticed that these events seem to take a year, year and a half before they materialize and become reality.

ie - someone last year forecast that the price of gold would skyrocket to $2800 USD per ounce by the end of 2023.

Never happened.

However...now we are seeing a rise in gold 1 year later.
so there's at least one year lag between when these predictions are made and when they actually happen.

Similarly, quite a few analysts are predicting an economic downturn later this year and a correction the stock market. Like this guy:

However, I'm more inclined to think these events he's prognosticating will unfold in 2025 under the watch of whomever is US President, be it Biden or Trump. One of them will be left 'holding the bag'. Same time, the polling trends appear to favor a Trump presidency.

Again...I'm not making definite predictions. Rather that these are POSSIBILITIES or PROBABILITIES. However, the increase over time.

Maybe DKG might weigh in with an opinion or 2?

[TheProwler]

Why does anyone HAVE TO invest in the stock market TheProwlerT?

Nobody has to, you stupid faggot.

Especially one with shaky fundamentals & poor economic conditions?

The market conditions are irrelevant to whether or not anyone has to invest in the stock market, you dumb cunt.

WHY do you insist that I don't have a choice Prowler?

Because you are not able to "go deep" because you do not have enough money, you dense fucktard.

Like the Investor Pros (and that DOESN'T INCLUDE YOU), I'd rather wait until there are some good deals to be had.

Your way is a surefire way to lose a lot of money - Buy at the Peak - yeah rite.

I cited those examples of people who went all in - they lost ALL of their money.

There's no need for ALL OR NOTHING.

Not even sensible and successful gamblers use that approach in a Casino.
So why would you do that in a Stock Market?

Is the Stock Market the ONLY venue for investing Prowler?

You seem to have a very narrow approach which can only lead to failure in the long run. Just like those people I knew who lost all their money.

Retard JOEJ is such a retard.

[TheProwler]

...and why do you think the Banks and the Big Investors are buying so much gold these days Prowler? Why is China buying so much gold? That's what's pushing up the price.

...because they wanna cover their behinds in case the market or the economy tanks. Obviously somebody (or many) is quite scared.

And of course they're not 100% invested in Gold.

It's their buffer they use to cover their flank.

I don't think these big investors even care if Gold happens to go  down/dips a bit. They just want some insurance for tougher economic times ahead.

so it's not really an investment. It's a Hedge. Do you understand the difference Prowler?

And Gold is their insurance policy at the moment.

Wait.

Could you repeat that?


A few hundred more times?

You stuttering retard.

[TheProwler]

so there's at least one year lag between when these predictions are made and when they actually happen.

You are such a dumb cunt.


Here is a guaranteed prediction:

Senile Joe will continue to be a dumb cunt for the rest of his life.