*$* GOLD GOING TO THE MOON THREAD *£* | |
Anonymous Coward User ID: 77385412 Australia 05/26/2021 07:04 AM Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 05/26/2021 07:05 AM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. |
Agent 99
User ID: 77082640 United States 05/26/2021 07:08 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77684744 Finland 06/02/2021 04:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79600107 France 06/02/2021 05:25 PM Report Abusive Post Report Copyright Violation | More than anything it is a change in perception of actual value. Some banks may play it smart and try to revalue based on physical holdings. Paper price may initially move down, but there won't be any physical available for sale, markets will decouple, and contracts will go bidless in both markets (speculative and physical). The real value should settle above $20,000/oz gold and $500/oz silver, however silver could outperform. How exactly that plays out is anyone's guess. |
Anonymous Coward User ID: 80433239 Canada 06/02/2021 05:27 PM Report Abusive Post Report Copyright Violation | |
HarMegiddo
User ID: 79751988 United States 06/02/2021 05:36 PM Report Abusive Post Report Copyright Violation | This time it is different with no entity large enough to bail out the US government and Federal Reserve. Quoting: Anonymous Coward 79521738 Gold and silver haven't moved in a long time. With huge inflation that means they have lost a lot of value. Silver has doubled in a year, gold's gone up $400'ish. The DOW-gold ratio is 18-1, and gold-silver ratio 67-1 with a belt & road initiative on the horizon. Either we're looking at sizable gain on investment, war & confiscation, or a mix of both with windows of opportunity. I lean toward the latter. With Basel-3 on the horizon and world powers jockeying for great reset power, gold is most certainly on sale, as is silver even with exorbitant premiums. Both will become unobtainium. HarMegiddo |
sol the star
User ID: 79092383 United States 06/02/2021 05:43 PM Report Abusive Post Report Copyright Violation | |
SpeakerOfDarkSentences
User ID: 33186221 Norway 06/02/2021 06:00 PM Report Abusive Post Report Copyright Violation | If gold goes Bitcoin parabolic, like 100x, then several governments will have a quite comfortable debt to asset ratio, and will be able to take on more debt. Governments who own gold have incentives to make regulations that benefit the price of gold, like restricting derivative positions in gold. |
Anonymous Coward User ID: 73827254 United States 06/02/2021 06:00 PM Report Abusive Post Report Copyright Violation | HOWEVER WE ARE IN THE JIMMY CARTER 2.0 IN CASE YOU DON'T KNOW HOW THAT ENDED UP AT THE END OF JIMMY CARTERS PREZ SILVER WAS AT 50$ GOLD AT 800$ PROJECTION OF NATIONAL DEBT FROM JIMMY CARTER 186% TIMES 50 AND 800 SILVER AT $10,000 GOLD AT $160,000 PERCENTAGE WISE SILVER HAS THE HIGHEST PERCENT GAIN TO INVESTMENT |
Anonymous Coward User ID: 76569441 United States 06/02/2021 06:27 PM Report Abusive Post Report Copyright Violation | |
humbird
User ID: 73158440 United States 06/02/2021 06:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73400889 United States 06/02/2021 06:51 PM Report Abusive Post Report Copyright Violation | |
Shithead Tyrone Slothrop
User ID: 65595863 United States 06/02/2021 06:57 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. I say the US doesn't have the gold. I've gotten a lot of red for telling the truth and being right. Just sayin' |
DangerClose
User ID: 36134765 United States 06/02/2021 06:58 PM Report Abusive Post Report Copyright Violation | |
HYpEr7l9Er
User ID: 75756457 Canada 06/02/2021 06:58 PM Report Abusive Post Report Copyright Violation | following ww2 yield rates rose higher and higher until 1981 why? More sellers than buyers of US treasuries from 1945 to 1981 more supply than demand. from 1981 to now yield rates have been dropping lower and lower. why? More buyers than sellers of US treasuries since 1981 to now. The authorities have been watching this for DECADES. MlCHAEL |
Anonymous Coward User ID: 80369534 Canada 06/02/2021 07:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79118108 United States 06/02/2021 07:11 PM Report Abusive Post Report Copyright Violation | |
HYpEr7l9Er
User ID: 75756457 Canada 06/02/2021 07:14 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. I say the US doesn't have the gold. On the FED balance sheet are [link to www.federalreserve.gov (secure)] 11,041,000,000 11 Billion Dollars of Gold certificates that were issued in 1933. Section 8 "The Congress shall have power... "To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;" The US Congress fixed price of an ounce of gold is 42.2222 US dollars. 11,041,000,000 divided by 42.2222 = 261,497,506.051 ounces US Treasury gold holdings... Total 261,498,926.241 Ounces $11,041,059,957.90 [link to www.fiscal.treasury.gov (secure)] The US Treasury is holding the Gold but the Federal reserve holds gold certificates equal to almost the entire US treasury supply. MlCHAEL |
jackfoos
User ID: 75483061 United States 06/02/2021 07:15 PM Report Abusive Post Report Copyright Violation | |
Stone crusher
User ID: 79652639 United States 06/02/2021 07:17 PM Report Abusive Post Report Copyright Violation | I live near jack hunt one of the larger distributors around and they like many others are currently out of silver bullion . It is becoming increasingly difficult to get it.cant wait for reality in silver prices to break away from the paper manipulation price . Stone crusher |
Anonymous Coward User ID: 79659346 United States 06/02/2021 07:35 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22585781 United States 06/02/2021 07:50 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. I say the US doesn't have the gold. Bruh: the pope gave it back |
Anonymous Coward User ID: 75872305 France 06/02/2021 07:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80275511 United States 06/02/2021 07:54 PM Report Abusive Post Report Copyright Violation | As much as you annoy me, I believe you hit the nail on the head on this one. I've been looking into this. Not sure how this is going to play out, but it's going to be BIG. USA/EU/Switzerland are supposed to pony up and implement the Basel-III on June 28th. I just don't see how it is possible for USA to have the gold to back their money. Is Biden going to beg Russia for relief? MAJOR DOOM ON! I have read articles that say this is only for European (in June) and British banks (year end), not US. Where are you hearing that US banks will also have to comply? |
Anonymous Coward User ID: 80275511 United States 06/02/2021 08:03 PM Report Abusive Post Report Copyright Violation | As much as you annoy me, I believe you hit the nail on the head on this one. I've been looking into this. Not sure how this is going to play out, but it's going to be BIG. USA/EU/Switzerland are supposed to pony up and implement the Basel-III on June 28th. I just don't see how it is possible for USA to have the gold to back their money. Is Biden going to beg Russia for relief? MAJOR DOOM ON! Like here: [link to seekingalpha.com (secure)] |
Artificial Person
User ID: 78273851 Germany 06/02/2021 08:06 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. Damn, that actually sounds valid. I am a Synthetic but I prefer the term "Artificial Person" myself. I answer to "Bishop", "Synthetic" and "Hey man". Bite my shiny metal ass. |
Anonymous Coward User ID: 79411978 United States 06/02/2021 08:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 34513884 United States 06/02/2021 08:19 PM Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 06/02/2021 08:23 PM Report Abusive Post Report Copyright Violation | The Fed is based on loans, and not real assets. Quoting: Agent 99 If this is an attempt to put the World on the Gold Standard they have one shot at it. Russia, China, and US are in. Seems like US Stock Market has been sold internationally. 2 Trillion deal to Saudi only weeks ago. Amazon just bought MGM. US Companies will no longer be assets and the system of currency will be digital for these services. Resources will determine the next phase. I say the US doesn't have the gold. On the FED balance sheet are [link to www.federalreserve.gov (secure)] 11,041,000,000 11 Billion Dollars of Gold certificates that were issued in 1933. Section 8 "The Congress shall have power... "To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;" The US Congress fixed price of an ounce of gold is 42.2222 US dollars. 11,041,000,000 divided by 42.2222 = 261,497,506.051 ounces US Treasury gold holdings... Total 261,498,926.241 Ounces $11,041,059,957.90 [link to www.fiscal.treasury.gov (secure)] The US Treasury is holding the Gold but the Federal reserve holds gold certificates equal to almost the entire US treasury supply. Give me the "what ifs" here. What are the possibilities? |