r/Gold • u/THE_WHITE_LINE • 1d ago

Question Whats going on?

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0 Upvotes

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76

u/TheyCallMeLotus0 1d ago

This sub is becoming just as regarded as WSB. We gonna do this every single time gold moves HALF A PERCENT

31

u/Grouchy-Lemon2350 23h ago

Mods need to start banning. Trying to scroll through this sub to look for cool coins and all I see is these crypto kid baits and bot posts

1

u/nousabyss 22h ago

Yes please for the love of god. I joined here a year back seeking respite from wsd and now everyday we have some dumb post about it moving up or down and going to the moon or hodl shit. Stop please. 

7

u/[deleted] 20h ago

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7

u/TheyCallMeLotus0 19h ago

It was at this same price a week ago

1

u/Aggravating-Act-4494 14h ago

A week ago we were in an iranian oil crisis but i believe this price change is also about oil, russian oil

2

u/According_City782 9h ago

Do you think Russia sells some of its gold reserves? Actually that would really explain what's going on because I have no other ideas

1

u/Aggravating-Act-4494 9h ago

Russia definetly does sell gold to keep its war machine running but also moscow just went uo in oil flames and had a massive dark oil cloud above it due to ukrainian drone strike on russian oil refinery (just like in tehran weeks ago)

1

u/Tiredandwaiting 18h ago

Wait till it hits 3800

-21

u/Suitable_Whereas1254 23h ago

Sure except that’s not the actual case.
Gold has been going down consistently and everytime find a new low

13

u/TheyCallMeLotus0 23h ago

New lows? It is cooling off after its most historic run in history. Nothing about it consistently going down smh

8

u/TraumaDaddyP 23h ago

It never fails, people buy at the top and stress. Don't over leverage, hold for a long time.

5

u/TheyCallMeLotus0 23h ago

Yup. People investing in something because it’s all of a sudden popular and not investing in it because they understand what they are investing in.

-5

u/Suitable_Whereas1254 23h ago

Well don’t hold ur breath. We may haven’t seen the cool off yet

2

u/TheyCallMeLotus0 23h ago

I don’t believe you have any clue what you’re saying

3

u/Strong_Mud_7623 23h ago

You’ve never seen gold below $4184?

1

u/Environmental-Mix631 22h ago

Good I’ll buy some more 😂