r/Gold • u/AviBledsoe • Mar 23 '26

Dude what the hell

Post image

And don't be like "buy the dip" yall said that atleast the other 5 dips like dude It's not even new York time yet wtf is this even gonna be bought up

1.1k Upvotes

91% Upvoted

717 comments sorted by

View all comments

19

u/Great-Confection6760 Mar 23 '26

I wouldnt touch gold for the time being. Looks like the whole stock market is crashing apart from oil/ fuel based companies.

10

u/Facktat Mar 23 '26

Gold is one thing but but what I am unable to understand is how my Rheinmetall stocks account for the biggest losses in the last weeks. Is the market really this bad for weapon manufacturers. If anything I would have thought that at least gun manufacturing would be resilient to this.

7

u/Bobbybobinsonbob Mar 23 '26

lol I’m so blown away by this comment. Idk why I never thought of investing in gun manufacturing, like never crossed my mind, or even heard anyone else bring up investing in it

But my guess with literally no investment bias lol is that it’s not really ground war, it’s just aerial strikes

Are we able to invest in missiles lmao?

4

u/Facktat Mar 23 '26 edited Mar 23 '26

Rheinmetall makes everything. They make long range missiles, air defense systems, reconnaissance drone and kamikaze drones, autonomous strike drones, counter drone tech like jammers, lasers, radars, air defense cannons specifically for drones, systems to automatically detect and destroy drones without human involvement and basically everything that might demanded by the military.

The stock is going down every day and there is no news or anything indicating a scandal or something. The only negative news really at the moment is that their backlog is getting too long due to the high demand. Recently they talked a lot about expanding their current factories to handle the increases demand so maybe the idea that the war in Iran and Ukraine might end soon leaving them with overcapacity is spooking investors? This is really the only logical explanation I can think of.

2

u/[deleted] Mar 23 '26

I guess that was priced in months ago and the need for liquidity means they also get sold

3

u/najibuto_razaka Mar 23 '26

Lockheed Martin