The problem with gold is that each year about 2500 tones of gold or ~$131b worth of gold is minted which the market has to absorb. Also Most millenials don’t care about investing in gold.
I am a precious metals (pms) investor/geologist and i think it is more a stock market crash that will boost the pms/gold rush.
PS : If you really want to be a bit more decentralized, you should own pms in a certain quantity and it enable a certain stability if you own very large amounts of crypto because gold is less volatile.
will be selling pickaxes on the side of the road entering the mine for 10 moons each
I thought they were shilling silver.
Did Peter write this?
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I think this crash was deep enough.
Could we have a higher non-crash in 2023?
I’ll still be there with my pan looking for little nuggets
The problem with gold is that each year about 2500 tones of gold or ~$131b worth of gold is minted which the market has to absorb. Also Most millenials don’t care about investing in gold.
How a higher crypto rally in 2023 could spark a gold rush. See what I did?
What’s gold?
I am a precious metals (pms) investor/geologist and i think it is more a stock market crash that will boost the pms/gold rush.
PS : If you really want to be a bit more decentralized, you should own pms in a certain quantity and it enable a certain stability if you own very large amounts of crypto because gold is less volatile.
With “gold” they mean digital gold aka BTC.
Gold. Bahaha Just wait till Musk starts mining asteroids, gold will be worthless.