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Posted: 12/1/2023 7:43:54 PM EDT
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Posted: 12/1/2023 7:45:49 PM EDT
[#1]
Does that mean the U.S. dollar is at an all time low?
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Posted: 12/1/2023 7:45:52 PM EDT
[#2]
So is this a good thing or a bad thing?
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Posted: 12/1/2023 7:46:57 PM EDT
[#3]
Quote HistoryQuoted: So is this a good thing or a bad thing? Yes |
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Posted: 12/1/2023 7:47:25 PM EDT
[#4]
Quote HistoryQuoted: So is this a good thing or a bad thing? It depends. Do you have a lot of gold? |
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Posted: 12/1/2023 7:47:34 PM EDT
[#5]
Now calculate with inflation
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Posted: 12/1/2023 7:50:54 PM EDT
[#6]
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Posted: 12/1/2023 7:54:35 PM EDT
[#7]
thanks Nixon, you ignorant fuck.
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Posted: 12/1/2023 7:56:37 PM EDT
[#8]
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Posted: 12/1/2023 8:01:16 PM EDT
[#9]
That's good news for me and our entire project! Looks like we better get to selling.
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Posted: 12/1/2023 8:04:09 PM EDT
[#10]
 Meanwhile, silver is still at like $20, which it's been at for like the last decade. Silver - it's just the free market doing free market shit.  |
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Posted: 12/1/2023 8:06:50 PM EDT
[#11]
$2k today is the 2020 $1k
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Posted: 12/1/2023 8:08:22 PM EDT
[#12]
Parker is happy.
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Posted: 12/1/2023 8:30:54 PM EDT
[#13]
People are starting to understand the lie of fiat currency.
POG is on its way to the moon. |
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Posted: 12/1/2023 8:32:36 PM EDT
[#14]
Quote HistoryQuoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon.
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Posted: 12/1/2023 8:34:04 PM EDT
[#15]
Quote HistoryQuoted: And who knows, silver might even hit $30 in the next twenty years. Quote HistoryQuoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. A woman I use to know told me silver is like a bird that goes "cheap, cheap, cheap." |
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Posted: 12/1/2023 8:35:49 PM EDT
[#16]
I’m both happy and concerned about this
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Posted: 12/1/2023 8:41:36 PM EDT
[#17]
What I don't get is that gold is not the rarest of the incorruptible metals. Titanium, Tungsten all rarer. Why is gold sold for so much more? |
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Posted: 12/1/2023 8:42:03 PM EDT
[#18]
Quote HistoryQuoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... |
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Posted: 12/1/2023 8:44:49 PM EDT
[#19]
Quote HistoryQuoted: As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... Quote HistoryQuoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... |
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Posted: 12/1/2023 8:44:50 PM EDT
[#20]
Quote HistoryQuoted: What I don't get is that gold is not the rarest of the incorruptible metals. Titanium, Tungsten all rarer. Why is gold sold for so much more? Wrong. |
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Posted: 12/1/2023 8:47:37 PM EDT
[#21]
 Leprechaun "Gimme Da Gold" Rap Video |
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Posted: 12/1/2023 8:49:29 PM EDT
[#22]
Quote HistoryQuoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. It's about time.  Attached File |
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Posted: 12/1/2023 8:54:53 PM EDT
[#23]
Insert, Cheeto face gold line commercial here.
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Posted: 12/1/2023 8:55:04 PM EDT
[#24]
Still a very weak investment compared to a S&P index fund.
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Posted: 12/1/2023 9:02:22 PM EDT
[#25]
I drunk bought my wife a 1oz gold eagle 2 weeks ago. Is she rich?
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Posted: 12/1/2023 9:04:18 PM EDT
[#26]
Quote HistoryQuoted: Still a very weak investment compared to a S&P index fund. That has been true. But times are a changing. Nefarious forces are trying to destroy the dollar. I find it comforting that Fort Knox is full of gold the way our Strategic Petroleum Reserve is full of oil.
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Posted: 12/1/2023 9:08:55 PM EDT
[#27]
$5 gold coin Liberty head is worth how much just because it is gold.
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Posted: 12/1/2023 9:13:51 PM EDT
[#28]
Precious metals should always be part of a balanced portfolio. Gold kept my portfolio afloat during the crash of 2008.
A perfect storm is forming right now. Katy bar the door. |
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Posted: 12/1/2023 9:14:17 PM EDT
[#29]
Quote HistoryQuoted: As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... Quote HistoryQuoted: Quoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... In that^ sort of environment, gold serves me no purpose, unless folks can be fooled into exchanging shavings for goods and services... ...which would serve them no purpose |
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Posted: 12/1/2023 9:17:21 PM EDT
[#30]
This is great news for all the foreign mining companies here in the U.S.
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Posted: 12/1/2023 9:18:28 PM EDT
[#31]
Quote HistoryQuoted: In that^ sort of environment, gold serves me no purpose, unless folks can be fooled into exchanging shavings for goods and services... ...which would serve them no purpose Quote HistoryQuoted: Quoted: Quoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... In that^ sort of environment, gold serves me no purpose, unless folks can be fooled into exchanging shavings for goods and services... ...which would serve them no purpose I know. This is an age old argument that can go on forever. However, it is ironic the USG gold reserves total 8,134 metric tons which is way more than anyone else in the world. Why? 10% skim rule for when the currency collapses? |
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Posted: 12/1/2023 9:24:32 PM EDT
[#32]
Quoted: No thread ? Usually the gold bugs come out if their lairs when metals are up. https://www.ar15.com/media/mediaFiles/48515/scrooge-mcduck-mickeys-christmas-carol-1-3046309.JPG It's not quite the run that 2000 to 2012 was. |
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Posted: 12/1/2023 9:25:41 PM EDT
[#33]
Quote HistoryQuoted: In that^ sort of environment, gold serves me no purpose, unless folks can be fooled into exchanging shavings for goods and services... ...which would serve them no purpose Gold’s purpose isn’t to shave off a slice to buy a loaf of bread during a crisis. Rather its value is in maintaining some of your wealth to come out on the other side after a crisis like you describe. |
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Posted: 12/1/2023 9:30:18 PM EDT
[#34]
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Posted: 12/1/2023 9:35:54 PM EDT
[#35]
Quote HistoryNo one knows how much gold reserves China has, but they've been buying a lot lately. |
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Posted: 12/1/2023 9:44:33 PM EDT
[#36]
Quote HistoryQuoted: No one knows how much gold reserves China has, but they've been buying a lot lately. Quote HistoryQuoted: No one knows how much gold reserves China has, but they've been buying a lot lately. Correct. BRICS has a plan, as does George Soros, who broke the Bank of England. First goal is to remove the USD from reserve currency status. |
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Posted: 12/1/2023 9:49:07 PM EDT
[#37]
Quote HistoryQuoted: Correct. BRICS has a plan, as does George Soros, who broke the Bank of England. First goal is to remove the USD from reserve currency status. |
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Posted: 12/1/2023 9:50:33 PM EDT
[#38]
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Posted: 12/1/2023 9:50:59 PM EDT
[#39]
Quote HistoryQuoted: Just checked Wiki, and Fuhrer Soros is 93 years old. Quote HistoryQuoted: Quoted: Correct. BRICS has a plan, as does George Soros, who broke the Bank of England. First goal is to remove the USD from reserve currency status. Old age and treachery always defeat youth and vigor. |
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Posted: 12/1/2023 9:51:50 PM EDT
[#40]
SP500 is also at ATH. Weird world we live in.
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Posted: 12/1/2023 9:52:26 PM EDT
[#41]
Quote HistoryQuoted: As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... Quote HistoryQuoted: Quoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... So, assuming that happens and the fiat currency crashes. What’s your plan for gold? |
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Posted: 12/1/2023 9:53:36 PM EDT
[#42]
Quote HistoryQuoted: SP500 is also at ATH. Weird world we live in. Why is it a weird world? |
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Posted: 12/1/2023 9:54:06 PM EDT
[#43]
Considering PMs pay no interest or dividends, have they really kept up?
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Posted: 12/1/2023 9:54:47 PM EDT
[#44]
Quote HistoryQuoted: So, assuming that happens and the fiat currency crashes. What’s your plan for gold? Cash it in...for USD. |
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Posted: 12/1/2023 9:55:00 PM EDT
[#45]
Quote HistoryQuoted: So, assuming that happens and the fiat currency crashes. What’s your plan for gold? Quote HistoryQuoted: Quoted: Quoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... So, assuming that happens and the fiat currency crashes. What’s your plan for gold? Irresponsible money printing is driving inflation. We all can see the dollar devaluing right before our eyes. Stay hedged. |
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Posted: 12/1/2023 9:55:26 PM EDT
[#46]
Quote HistoryQuoted: Why is it a weird world? Because it is. The market is a fickle thing, and fickler recently than usual. |
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Posted: 12/1/2023 9:56:53 PM EDT
[#47]
In the last 10 Years, the Bitcoin (^BTC) Commodity obtained a 67.91% compound annual return,
There's lot going in with btc Do a little research. Buy a little now might be good idea. 76% is already being held |
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Posted: 12/1/2023 9:57:18 PM EDT
[#48]
Quote HistoryQuoted: Irresponsible money printing is driving inflation. We all can see the dollar devaluing right before our eyes. Stay hedged. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: People are starting to understand the lie of fiat currency. POG is on its way to the moon. As opposed to a metal that serves no tangible purpose other than to make jewelry & high conductivity electrical contacts?... As opposed to a fiat currency that may eventually serve no tangible purpose other than to stoke a fire or use as toilet paper?... So, assuming that happens and the fiat currency crashes. What’s your plan for gold? Irresponsible money printing is driving inflation. We all can see the dollar devaluing right before our eyes. Stay hedged. You didn’t answer my question. You moved the subject. So I’ll ask again: What’s your plan if fiat currencies crash? |
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Posted: 12/1/2023 9:57:46 PM EDT
[#49]
Quote HistoryQuoted: Because it is. The market is a fickle thing, and fickler recently than usual. Quote HistoryQuoted: Quoted: Why is it a weird world? Because it is. The market is a fickle thing, and fickler recently than usual. Makes complete sense to me. I guess I read the tea leafs differently. |
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Posted: 12/1/2023 9:58:46 PM EDT
[#50]
Quote HistoryQuoted: In the last 10 Years, the Bitcoin (^BTC) Commodity obtained a 67.91% compound annual return, There's lot going in with btc Do a little research. Buy a little now might be good idea. 80% is already being held BTC is now about 60% of its ATH. I avoid that level of volatility. |
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