1Mon·

Gold new asset rocket? 🚀😜

attachment

Woah 😦 $965515 (+0.51%) Gold has in this month more than 5% return made!

That's why I'm very interested in these questions:


What do you.

Why is that the case?

What do you with the info?


Is it about...

Because of an coming crisis?📉

Because of the September stock market slump?🤫😂Or simply because of chance?🤡


How do you see you that?

Write it in!

Let's exchange!


#crypto
#etfs
#rendit
#gold
#krieg
#stockanalysis

10
24 Comments

profile image
What am I doing with this information?
Patting myself on the back for adding gold to my portfolio a year ago
13
View all 5 further answers
profile image
What do you do with the information?

Get the creeps and ask yourself why the traditional geopolitical seismograph has just gone off the scale!

Gold is an insurance policy. If the risks increase, the price rises. Something nasty is coming our way...
8
profile image
profile image
@Epi As gold is already at +25% YTD, it will not be a pony farm.
1
profile image
@Mangan Probably not. But first the FOMO rally has to soak up all the private investor money. This is the only way to hurt as many people as possible. 😈
1
My Krugerrand from 2005 is now a Tenbagger, and I'll never give it back 😀
5
profile image
1
profile image
It is going to rise, boosted by the fed interest rate cut! 🙏
2
profile image
@misinvest Yeah that’s a good point! Thank you🔥
1
profile image
The geopolitical situation is still tense and looks set to remain so for the time being, regardless of which way you look.
2
profile image
@Aktienorang-Utan
Yes, let's see. 👀
In the end, it doesn't matter anyway.
They are long term.
Aren't they? 🫡
profile image
@Johannes001 That's how it is 🤝
profile image
Central banks increasingly act as buyers. The money supply is rising due to bond purchases, which devalues fiat currencies. The depreciation of the dollar is also helping. This is probably one of the main drivers of the price increase.
2
profile image
I think ... the last time I bought gold properly in 2019 was not so wrong
2
profile image
I think I'm buying more! There is no upper limit to the price of gold. Fiat can go to 0, and gold will be worth infinite fiat. It's just the question of how fast it will happen, not when.
2
profile image
In my case DCA on Gold since 2022, started right before the massive pump, currently nice 50% and the whole portfolio thanks to this edge always in green numbers, since the very beginning
1
Depends… in the long term gold doesn’t help the portfolio as it is a non productive asset; it would probably end up draining the performance.

But yeah, for portfolios under the decade it helps a lot smoothing the ride 🌊🏄‍♂️
profile image
Gold is my rocket, I have 110% as of today
I bought most of it way before 2010. So yeah, nice. Silver had also done well
Join the conversation