@badcharts1 It is more about how $ supply is increasing, has to be sucked by oil even if actual physical demand stagnate. Gold and silver doubled so it is fair to assume a 100$ oil as a conservative estimate. Which is also reverting to the mean relative to gold
@HothaAli Dr Hotha , please consider unlearning this narrative ما انزل الله به من سلطان , it is a political narrative that was created by humans to fuel armageddon narratives across religion, we have enough Dajjals alive today that are doing worse such as the نتن ياهو.
@hayasaka_aryan What does developed country even mean in this context, in any case if you consider Saudi Arabia the picture will be different, and it should fit the definition whatever it is
@themarketsniper@SantiagoAuFund@LukeGromen I thought the milkshake is dollar demand pushing it up. Now gold is also part of the mix! How about the 🥤is ($ demand ⬆️without other ingredients) is correct until paralleled with $ supply Tsunami 🌊 , no🥤 matters then
@grok@QeqeVibes@clownworld This is because you relating Islam to prophet Mohammad peace be upon him, as per the definition in Quran Islam is religion from day one and the message is the same from day one and this is explicitly stated from Prophet Ibrahim. In that context is the claim valid or not
@propandco Is this your response? I thought you had an argument. You need some education, I recommend you watch @MiddleNation_ if you truly care and want to help
@willywoo How is BTC is more liquid. It isn’t about the investment, it about being able to sell at any point and find a buyer anywhere anytime. That’s real liquidity, Nothing is more liquid than gold.
@Tu_Quoque_4_U@RealKeithWeiner I am done my friend, no one is talking about producers, he is talking about the moneyness of bitcoin. just read the original tweet, rent in gold vs rent in bitcoin
@Tu_Quoque_4_U@RealKeithWeiner Agreed, he did not talk about income in gold though, which is the problem, income is in Dollars, this argument applies for gold and bitcoin and almost everything as long your income inherently just a promise of value that is not measured by anything (fiat)
@Tu_Quoque_4_U@RealKeithWeiner If you fixed your rent in gold ounces, over the past 5 years means you pay much more today. Not money like attributes, even though gold is really the best money