Gold destroys the Fed!
(media.greatawakening.win)
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Might as well ask my Frens, here... predictions on the price of gold once the movie comes to an end (or, at least, this part of the movie)?
My contention is that the closer we get, the more volatility there will be in everything, and the US $ will really suffer globally, and our inflation will soar.
I think one gold ounce goes north of $5000, plateaus just a bit, then skyrockets about $30K and eventually $50K. Sort of like the BTC model, but real.
This is NOT financial advice. Just lovin' on muh gold.
I put 50K on the low end. It's going to be savage when all those paper holders try to cash in on their physical.
goosebumps
I think there's a hover point around $2600 and then it springs quickly to 5. I think it's anybody's guess after that, and there may be a man-made attempt to control with a system reset of sorts, but eventually the natural repricing will set in. That's when I hope we go north of $20,000.
I would be pleased with that scenario!
Let's see if they outlaw us holding gold again !
And silver goes from 25 to $250-500. That is where the real growth will be. I am hoping so anyways.
I read an article (no sauce) about two years ago that claimed due to heavy shorting/suppression, If gold kept up with inflation we would be at around 12k per ounce and silver at around 1500…
I truly think gold will be bitcoin numbers in the end… 50k+ for gold, 8-10k silver
My opinion
If silver hits even 1k I am gonna be buying a ranch in Wyoming...
That is my plan also. I am at the Wyoming Montana border.
Yep https://youtu.be/ArEaNefuPJU
Whats gonna happen to poor anons like me who cant buy gme or gold or silver :(
I believe Anons/Frens will look out for one another. Don't give up hope.
I dont have any frens :(
not irl anyways
the after highschool and after college separations of friendships hit me hard
Mid-20's, then?
If so, I highly recommend that you take your mature self and find some 30-40-somethings to hang with, or even 50-somethings who can be mentors. All you need to do is think of a simple question to ask to find out if someone is cut from your cloth. For example, you could ask, "Just curious, but do you follow MSM, or do you have other source of information, like alternative news sites?"
If you get "What do you mean?" Move on.
If you get "What, are you one of those conspiracy retards?" Move on.
If you get "Nah, I can't stand the MSM." Time for a beer together.
Raise yourself up to those who will welcome gaining you as a Fren.
This is real life, and I am now your fren. Even if you do not agree!
It can be unrequited if you demand it, but I will have my fren face pressed up against the fren glass making funny faces at you until you crack.
Silver is still cheap and you can buy gold by the gram.
Gold is artificially inflated... See wizard of "OZ" "emerald" city, "yellow brick" road... In the book her shoes were silver, not ruby!
Silver is the way!
When the movie ends, you do not want to relate gold to FRN as it is totally worthless.
Right now, 98% of the 1933 value is already gone. What does a decrease in value of 50% add to the loss? just 1% decrease. Chances are by then you are better off wiping your ass with it.
But the game of chairs is still ongoing. 1900.99 acts as a resistance right now. That just happens to be the correction level of dec-28.
I would not get the hopes up. When or before it touches 1920,94 it will be drawn down with so much paper the dollar will increase in value to the Euro. 1.12-1.10.
The spot price is no indication for the quality of the economy or anything else. It is just a number they can work with. That is just 4 people deciding this ploy, folks.
We work with the availability of the physical-metal. On top there is the premium and the transport & the [de]livery costs. When that premium starts to swing upwards that will mean the total disconnect of reality with the exchanges.
It could cause the crazy situation that the dealers will by gold for spot + a little premium, and sell it for spot + a gargantuan premium.
You sound like you know a whole lot more about than me. Interestingly, though, what you've described reminds me of what others have said about an expected deflation of gold as the fiat makes a last stand, but after that, those 4 people/entities controlling the gold price will be removed (or lose their ability to control the price) and the value of gold will skyrocket.
As for me, if I still have any remaining debts (like a mortgage) that are fixed and are based in fiat, then gold can help me eliminate them.
Eventually it will.
Eventually, when FIAT approaches 99,5% value loss, you mortgage is cheap. THe only issue is: can you obtain enough fiat to pay down the debt?
And this is where things get interesting. How are they going to Great Reset on you when you can payback the debt? How are they going to come to your rescue to take over your house and give your a debt jubilee?
What is a jubilee without feeling the need for a jubilee?
What if your interest payments can no longer be met because your variable interest is 20% because of a cyber attack!
You know what the price of money actually does? It crunches the available avenues to make a buck, because no one can afford it. And because no one can afford it, the transfer of assets through foreclosure and bankruptcy is quite apparent. Prices of goods and services continue to raise, and those without assets, renting stuff as just as much in a bind, as those with the incapability to service the debt.
A lot of wisdom in your comment. I can at least say that my debts are fixed rates, and very good ones at that!