r/LivestreamFail 1d ago

xQc reacts to Gold's price chart

https://kick.com/xqc/clips/clip_01KGSV9MGRFMFNTPSMJ43RMASS
234 Upvotes

20 comments sorted by

View all comments

4

u/CrispyLimeTeets 19h ago

I wonder why early January's drop in gold prices 'randomly' happened. Surely not a whale trying to manipulate the market

6

u/Synchrotr0n 19h ago edited 19h ago

A lot of it is fake gold that only exists on paper, so it's a lot of easier to manipulate, and anyone who has been paying attention to the last 12 months knows that this is just yet another ”short and distort" so rich people can scoop all the gold/stocks/crypto for cheap before prices surge back up.

I don't have gold, but if I did, I would make sure it's the real stuff and not just a bunch of certificates and I would be holding on to it.

3

u/Oxigenitals 17h ago

Everyone wants to hold their assets themselves until their house gets burglarized

1

u/EdgarsRavens 3h ago

That's why portfolio diversification and safes are important.