Gold Hits 3500

[Geo]

...jeepers

 

[84superchamp]

Time to buy!

 

[Geo]

Time to buy!

It's going to at least 8k, so, yes.

 

[rsm]

I've been buying ETFs on the market dips, like today.

I have a few holdings I plan to sell when the markets are up again.

The more than usual artificial market volatility has worked great for me the last few months.

 

[Geo]

$3600

 

[VonBonfire]

It's going to at least 8k, so, yes.

They will crash it first, then buy it all cheap, then it will go to 8k. That's how this works.

 

[Geo]

They will crash it first, then buy it all cheap, then it will go to 8k. That's how this works.

There are many saying that the price of gold is manipulated by the ETF price.

In which case that is a possible scenario but will be the end game and will quickly move to 40k or 80k an ounce.

Either way, the world banks and the worlds richest people are selling their equities and buying gold and silver in mass quantities.

 

[VonBonfire]

There are many saying that the price of gold is manipulated by the ETF price.

In which case that is a possible scenario but will be the end game and will quickly move to 40k or 80k an ounce.

Either way, the world banks and the worlds richest people are selling their equities and buying gold and silver in mass quantities.

It's all manipulated IMO. "You will own nothing and be happy". The way to make people own nothing is to crash the price on everything, trash the economy, create monster unemployment and debt, and then buy it all up cheap so people can afford to eat.

 

[Geo]

It's all manipulated IMO. "You will own nothing and be happy". The way to make people own nothing is to crash the price on everything, trash the economy, create monster unemployment and debt, and then buy it all up cheap so people can afford to eat.

That's what you need to have the gold for.

Those holding the only real currency in the world will be the rich ones buying everything up.

History will repeat.

 

[VonBonfire]

That's what you need to have the gold for.

Those holding the only real currency in the world will be the rich ones buying everything up.

History will repeat.

If you recall the last time the USA went into depression they just took your shit. Most of the people holding gold just have certificates, not hands-on precious metals. Anyone buying gold at $3500/oz isn't listening to any qualified financial advisor though truthfully that means jack shit too. Only one way to find out I guess. Better to lay up treasures in heaven.

 

[Geo]

If you recall the last time the USA went into depression they just took your shit. Most of the people holding gold just have certificates, not hands-on precious metals. Anyone buying gold at $3500/oz isn't listening to any qualified financial advisor though truthfully that means jack shit too. Only one way to find out I guess. Better to lay up treasures in heaven.

Yeah, financial advisors would be fired immediately if they suggested physical gold to their clients.

All the other countries around the world are moving to a gold backed currency, we will have no choice at some point.

 

[Geo]

Having money is not evil, the love of money is.

 

[VonBonfire]

Having money is not evil, the love of money is.

I agree. I just see a lot of people over the last ten or fifteen years that think their cash, their ammo stash, their food supply, etc will save them. Fell into that trap myself for a while but eventually that well runs dry. I believe in being prepared for the unforeseen but things eternal are more valuable.

 

[Geo]

I agree. I just see a lot of people over the last ten or fifteen years that think their cash, their ammo stash, their food supply, etc will save them. Fell into that trap myself for a while but eventually that well runs dry. I believe in being prepared for the unforeseen but things eternal are more valuable.

I grew up very,very poor.

I will never let my family go through what I did. If that means I have to buy gold, silver, food and ammo as insurance, so be it.

 

[harddriver]

That's what you need to have the gold for.

Those holding the only real currency in the world will be the rich ones buying everything up.

History will repeat.

Every major depression more than likely was engineered by the elite for the elite. If you don't think Larry Fink and his cohorts haven't already wargamed this coming crash via AI you are deluding ones self. Blackrock has been using Aladdin(AI) to manipulate the markets for at least a decade maybe more.

 

[VonBonfire]

I grew up very,very poor.

I will never let my family go through what I did. If that means I have to buy gold, silver, food and ammo as insurance, so be it.

I'm not criticizing you for taking steps to protect your family. It's honorable. What's your plan for the next life though and are you taking it as seriously as protecting your hand in this one? Something to think about.

 

[harddriver]

Yeah, financial advisors would be fired immediately if they suggested physical gold to their clients.

All the other countries around the world are moving to a gold backed currency, we will have no choice at some point.

All the US GOV has to do is declare gold holdings illegal like they did after 1929. Right now Central banks worldwide are hoovering up all the real gold they can and maybe some Bitcoin but Bitcoin is where the globalist's want people to go. A currency that can be controlled and shut off by the ELITE.


AI:
Yes, owning most forms of gold, including coins, bullion, and certificates, was illegal in the United States from 1933 until 1974 due to Executive Order 6102. President Franklin D. Roosevelt issued the order during the Great Depression, requiring citizens to exchange their gold for paper money to stabilize the financial system and allow the Federal Reserve to increase the money supply. There were some exceptions, such as gold jewelry, industrial gold, and certain collectible coins

 

[Geo]

Every major depression more than likely was engineered by the elite for the elite. If you don't think Larry Fink and his cohorts haven't already wargamed this coming crash via AI you are deluding ones self. Blackrock has been using Aladdin(AI) to manipulate the markets for at least a decade maybe more.

Become your own bank and never worry about what BR or the stock market is doing.

 

[Geo]

I'm not criticizing you for taking steps to protect your family. It's honorable. What's your plan for the next life though and are you taking it as seriously as protecting your hand in this one? Something to think about.

I have no worries, I am not a perfect person but I have sacrificed most of my life to make my loved ones comfortable.

 

[Geo]

All the US GOV has to do is declare gold holdings illegal like they did after 1929. Right now Central banks worldwide are hoovering up all the real gold they can and maybe some Bitcoin but Bitcoin is where the globalist's want people to go. A currency that can be controlled and shut off by the ELITE.


AI:
Yes, owning most forms of gold, including coins, bullion, and certificates, was illegal in the United States from 1933 until 1974 due to Executive Order 6102. President Franklin D. Roosevelt issued the order during the Great Depression, requiring citizens to exchange their gold for paper money to stabilize the financial system and allow the Federal Reserve to increase the money supply. There were some exceptions, such as gold jewelry, industrial gold, and certain collectible coins

The gobernment is not a big worry for me, and it won't be for most.

Times have changed, they may be able to steal 401k's and bank accounts but there are way too many gun owners to be going door to door.

And no one will feel like it's their patriotic duty to hand over their precious metals.