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68
Get Ready To Be Drafted... (media.scored.co)
posted 1 year ago by BeNotAfraid on scored.co (+0 / -0 / +68Score on mirror )
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Granite_Pill on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
Gold has been flat for 10 years. It's only recently spiked.
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llamatr0n on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
10 years +124%

5 years +85%

3 years +53%

1 year +38%

6 months +18%

you can call that flat if you like

but notice I said 5 years because, as I said, I figured they would crash the Trump economy and it would recover so I chose to invest across 2019 and 2020
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Granite_Pill on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
The gold chart is printing a massive cup and handle pattern that began in 2010. It's only in the last year or so going up above that level. That is sloooow. Meanwhile, the real inflation rate is like 14-20% per year. At that rate, gold is not even outrunning the real rate of inflation. It's doing good now, but it's still not outrunning fiat.
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llamatr0n on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
gold 1 year +38%

the real inflation rate is like 14-20% per year

"At that rate, gold is not even outrunning the real rate of inflation."

try again
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Granite_Pill on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror ) 1 child
THIS year. Dude. Look at the gold chart. It's a massive cup and handle pattern spanning a decade. It would have been more profitable to hold the top 5 or so stocks. Currently, Nvidia and Microstrategy are blowing everything else out of the water.
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llamatr0n on scored.co
1 year ago 0 points (+0 / -0 )
but I said 5 years

anyway diversify
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