Living during the highest gold values... EVER.

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Living during the highest gold values... EVER.

Postby thecrazyone » Fri Sep 13, 2024 12:59 pm

Proud?
Terrified?
Moving into your fallout shelter?

Not gonna lie, it's got me pretty wigged out. Even an idiot can see signs that pillars are about to start falling somewhere.
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Re: Living during the highest gold values... EVER.

Postby Cu Penny Hoarder » Fri Sep 13, 2024 1:57 pm

thecrazyone wrote:Proud?
Terrified?
Moving into your fallout shelter?

Not gonna lie, it's got me pretty wigged out. Even an idiot can see signs that pillars are about to start falling somewhere.


And it should be much, MUCH higher. TPTB have been doing their best to suppress the price of gold and silver for decades. This is the main reason why the ETFs (GLD and SLV) were created... price manipulation.

We ain't seen nothing yet.

Will the great PM moon launch happen slowly or very quickly? Could some of us here die before it happens?... quite possible.
Time is precious, stop wasting it.
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Re: Living during the highest gold values... EVER.

Postby Morsecode » Fri Sep 13, 2024 3:33 pm

But will the demand for physical in the east (India, China, etc) finally tip the scales over western manipulators, thereby rising to honest levels?

:thumbup:

:thumbdown:

:roll:
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Re: Living during the highest gold values... EVER.

Postby thecrazyone » Fri Sep 13, 2024 5:18 pm

I will def be buying more!
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Re: Living during the highest gold values... EVER.

Postby TXSTARFIRE » Fri Sep 13, 2024 6:17 pm

Thread title should be: "Living during the lowest dollar value... EVER." The value of gold has only changed in relation to the dollar and other devalued currencys.
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Re: Living during the highest gold values... EVER.

Postby thecrazyone » Sat Sep 14, 2024 8:19 am

Yep, that is definitely one contributing factor!

I've been told by various circles to invest more in:

1. Gold
2. Ammo
3. MRE's

As they say in the Terminator movie, "he said, there's a storm coming." :(
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Re: Living during the highest gold values... EVER.

Postby franklin » Sat Sep 14, 2024 10:24 am

It will be interesting to see what happens to it when the Fed lowers rates this coming week. I am guessing PMs will drop for awhile. Nothing to back it up since I understand little about what is going on these days and what affects what.
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Re: Living during the highest gold values... EVER.

Postby Cu Penny Hoarder » Sun Sep 15, 2024 7:03 am

franklin wrote:It will be interesting to see what happens to it when the Fed lowers rates this coming week. I am guessing PMs will drop for awhile. Nothing to back it up since I understand little about what is going on these days and what affects what.


Short term noise. Inflation will only get worse. All fiat currencies are eventually toast. Gold is a hedge against central bank currency creation and insurance against a USD/financial system collapse, which at some point in the future is inevitable.
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Re: Living during the highest gold values... EVER.

Postby Catfish4u » Sun Sep 15, 2024 10:52 pm

Cu Penny Hoarder wrote:
franklin wrote:It will be interesting to see what happens to it when the Fed lowers rates this coming week. I am guessing PMs will drop for awhile. Nothing to back it up since I understand little about what is going on these days and what affects what.


Short term noise. Inflation will only get worse. All fiat currencies are eventually toast. Gold is a hedge against central bank currency creation and insurance against a USD/financial system collapse, which at some point in the future is inevitable.


+1 Well stated!
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