If I recall correctly, the USD is the "cleanest dirty shirt", where the USD will keep rising as a safe haven fiat against all the other fiats and assets as they all plummet in real value, until the USD is the last man standing and is also crushed.
Gold and silver in specific go down due to a combo of COMEX price fixing, the USD "gaining" strength, and gold's usage as margin call fodder.
I can try... but the other two replies below also nailed it.
Maloney is a goldbug... and he is very convincing in my opinion. He has a great video series explaining why gold is real money. Everything he said should come true, except for the fact of the manipulation.
The real question is whether or not the market will eventually overcome the manipulation.
In the video I mentioned, he explained that as the USD enters its death throe, it will gain I strength and gold will fall... but its like the dip in a roller coaster before it goes up the first hill. In other words, gold will break free and ascend dramatically when the USD eventually enetrs the hyperinflation phase that he says is destined to happen and cannot be prevented (although it can--and has--been postponed
Shoot, if it drops to $1500/$15 I'm maxing out my credit cards!
My opinion is both GA & GR need fiat/CB collapse and will happen within a year. I don't think they'll be able to sustain "faith" in the FRN much longer...
I think they are going to crash the market within the next 1-5 years. The entire world system will come crashing down. It will be the only way to stop the spread of information. They are being accused of crimes against humanity and it will go all the way to the top at the Banks. Russia say mess around and find out. They messed around. Russia, Brazil, China, Saudi, India, and more to come saying, “time to find out!” They will crash the market. Will be their only way out.
IMO the dollar is going to crash. Petrodollar is dead (per Russia) --- you want to own stuff not dollars to avoid inflation/currency changes etc..
There is a money hoarding right now -- waiting for another great depression style bottom.
The Ukrainian money gets laundered. The elites are loaded ready to strike.
I suspicion that even Larry Fink is doing the "woke" crap to sink BlackRock portfolios (AKA people's retirements). This will bite him in the ass.
Biden is in on it --- restricting food and fuel to tank the economy.
DURING THE BOTTOM you should see SHAKE-OUT headlines --- sell while you still can, armageddon is here, etc. This is when you put your gloves on and catch the knife.
Wait for the headlines to make you sick to your stomach.
yeah i had to reevaluate when the ecb and fed started relieving the bond market again last month... that was very likely going to be a sharp drop in everything. now the market is even more managed than ever (if that was even possible !)
i was in line with a few people that we'd get a relief rally and big drop again for the last quarter (end of shemitah year). but with how unstable things are going i've decided to stay out of all markets until maybe about June next year... I'm betting there's going to be a trend downward for another year and maybe climax at some point near June for max fear, and a buying opportunity from then til the end of 2023.
largely based on several factors that have come into play in my eyes which includes: flee to the dollar (despite it being inherently more & more worthless everyday), more instability in the bond market (evident from June 2022 to now), multiple financial institutions failing, execs leaving, restructures, etc. the manufactured upcoming food crisis, inflationary pressures of course, geopolitics creating a favourable opportunity for China to make a move economically or militarily within the year, cyber polygon possibly coming into play, bitcoin manipulation ramping up again as a recoup & exit for some of the failing banks and institutions, unusually strong push for digitising the economy in various ways over the past few months (digital ID getting more attention, BRICS & cbdc India next year and probably more as we move along, many countries setting EV 2030 targets, etc. in light of it clearly going to underdeliver & fail spectacularly). and probably something from left-field that we'll never expect that'll be the perfect excuse to trigger a cascading domino effect in everything else
so basically, not selling any current investments. If they make money in the fake pump period i will sell, otherwise hold. and not putting any new money into markets, stacking cash and probably buy up some gold & silver here and there if i feel like i can part with some cash. might miss out on some short term opportunities but I thinking from Q2 2023 will be the great buying opportunity. between now & then there'll be a lot of fuckery
Silver can't stay where it is right now very long. It's under mining cost. Miners will either stop mining it or start hoarding it till price goes up.
Silver supply is getting tight in areas. I started stacking 10 months ago.there was plenty to buy and choose from at my lcs. For the last 3 months,his shelves have been almost bare. I bought gold for a couple weeks cuz there wasn't any Silver to buy.
Curious... In a true societal economic crash what use is the gold and silver?
If I have gold and silver in-hand and markets collapse taking with it supply chains (food, medicine, etc) into a full system collapse, who Is going to trade me some food or other items for the gold? People will need to eat and they can't eat gold and silver.
If I have extra food from my garden or hunting and wanted to trade it I would want cloths or medicine or labor or lead or gas from the person I trade with not gold or silver.
I do understand that. What I am stating is that labor would be far more precious in a total SHTF rebuild of society. Gold and silver would weigh you down.
When the new system starts up,you will need gold and silver or you're gonna start with nothing.
Gold and silver is not for during shtf,it's for after. The goal is to get through shit hitting the fan with you stack of metals so you end up very wealthy in the new system.
There are plenty of people and places who will accept silver. On reddit there are a couple guys who trade fresh beef for silver and gold,I wish they were near me. I'm a mechanic who accepts silver and gold as payment.i even offer a discount for using it. There was a gas station in a neighboring town who was accepting gold and silver till the town said they couldn't (tax reasons supposedly).
There is a parallel economy that uses metals. You just have to look for it and start using it.
Societal, or economic? Silver's role is to replace the modern Greenbacks of today after a economic collapse, it's not a panacea for all. And, after all, you don't buy a fire extinquisher to stop your house from flooding, nor do you buy a sump pump to put out a house fire.
Both, one leading to the other. I am speaking about a complete SHTF situation, I can see its usefulness if/when society rebuilds itself but that could be a long time. Due to their conductivity I could see them being used to rebuild important technologies. Lots of old microchips were made with silicon and GOLD.
Trade with labor, tending the crops, or delivering them or something. The metals are heavy, and need additional lead to protect them (needed to guard your food), so in a total SHTF situation I would not want them unless I needed the metals to make silver and gold bullets...
Buy buy buy. If the system collapses your assets such as gold and black powder will be more valuable than anything. Just make sure it is a ta gable asset and not some junk certificate like cash.
It's because it's priced in dollars. The dollar is strengthening which is why commodities are going down in value also. The Euro and Yen are going to shit. The USD is looked at as "safe" as far as currency goes relative to other currencies. Rising interest rates also make the the dollar attractive to hedge against uncertainty in the stock markets. Risk a huge loss vs knowing you can get ~3% interest by holding a bond.
You've got to realize most people have ZERO clue about economics yet alone monetary theory. It's not what we know, it's what THEY believe. Know how to play the game. Gold/silver will most likely continue down so keep buying in lots to cost average but I wouldn't YOLO just yet. Stack on apes.
In one of his videos, Maloney talked about how gold and silver would decline in value just ahead of the hyperinflation period of the USD.
Just throwing that out there.
We known this would happen on wallstreet silver for well over a year
Stock Up.
https://qalerts.app/?n=2619
Q: Do we have the gold?
Yes.
Gold shall destroy FED.
Q
Can you elaborate?
I don't disagree, but didn't really expect THAT as a signal...
They can only prop up the FRN but so much before it all topples down.
I'm betting on this happening within a year, they either have to let it crash or print to the moon and back.
Great Awakening or Great Reset, one or the other is going to happen and both need CB/Fiat to fail. Especially world reserve FRN(Federal Reserve Note)
If I recall correctly, the USD is the "cleanest dirty shirt", where the USD will keep rising as a safe haven fiat against all the other fiats and assets as they all plummet in real value, until the USD is the last man standing and is also crushed.
Gold and silver in specific go down due to a combo of COMEX price fixing, the USD "gaining" strength, and gold's usage as margin call fodder.
I can try... but the other two replies below also nailed it.
Maloney is a goldbug... and he is very convincing in my opinion. He has a great video series explaining why gold is real money. Everything he said should come true, except for the fact of the manipulation.
The real question is whether or not the market will eventually overcome the manipulation.
In the video I mentioned, he explained that as the USD enters its death throe, it will gain I strength and gold will fall... but its like the dip in a roller coaster before it goes up the first hill. In other words, gold will break free and ascend dramatically when the USD eventually enetrs the hyperinflation phase that he says is destined to happen and cannot be prevented (although it can--and has--been postponed
Welcome to the games. Manipulation has been the answer since 1872.
Back up the truck if you can. This is almost certainly going to be your last chance...
Truly this is it, time to buy ...
Correct
This is big money trading counter to the market.
This is where you play "catch the falling knife".
IMO it will resolve quickly --- and won't look back
My wild-ass guess is 1500 on gold and 15 on silver.
disclosure ---- I've been wrong before.
Shoot, if it drops to $1500/$15 I'm maxing out my credit cards!
My opinion is both GA & GR need fiat/CB collapse and will happen within a year. I don't think they'll be able to sustain "faith" in the FRN much longer...
I think they are going to crash the market within the next 1-5 years. The entire world system will come crashing down. It will be the only way to stop the spread of information. They are being accused of crimes against humanity and it will go all the way to the top at the Banks. Russia say mess around and find out. They messed around. Russia, Brazil, China, Saudi, India, and more to come saying, “time to find out!” They will crash the market. Will be their only way out.
IMO the dollar is going to crash. Petrodollar is dead (per Russia) --- you want to own stuff not dollars to avoid inflation/currency changes etc..
There is a money hoarding right now -- waiting for another great depression style bottom.
The Ukrainian money gets laundered. The elites are loaded ready to strike.
I suspicion that even Larry Fink is doing the "woke" crap to sink BlackRock portfolios (AKA people's retirements). This will bite him in the ass.
Biden is in on it --- restricting food and fuel to tank the economy.
DURING THE BOTTOM you should see SHAKE-OUT headlines --- sell while you still can, armageddon is here, etc. This is when you put your gloves on and catch the knife.
Wait for the headlines to make you sick to your stomach.
I don’t see how the market can stay propped up for another year, much less five. Fink’s move was the tell. Just my humble opinion
Exactly. It is being crashed as we speak. Slow fade.
yeah i had to reevaluate when the ecb and fed started relieving the bond market again last month... that was very likely going to be a sharp drop in everything. now the market is even more managed than ever (if that was even possible !)
i was in line with a few people that we'd get a relief rally and big drop again for the last quarter (end of shemitah year). but with how unstable things are going i've decided to stay out of all markets until maybe about June next year... I'm betting there's going to be a trend downward for another year and maybe climax at some point near June for max fear, and a buying opportunity from then til the end of 2023.
largely based on several factors that have come into play in my eyes which includes: flee to the dollar (despite it being inherently more & more worthless everyday), more instability in the bond market (evident from June 2022 to now), multiple financial institutions failing, execs leaving, restructures, etc. the manufactured upcoming food crisis, inflationary pressures of course, geopolitics creating a favourable opportunity for China to make a move economically or militarily within the year, cyber polygon possibly coming into play, bitcoin manipulation ramping up again as a recoup & exit for some of the failing banks and institutions, unusually strong push for digitising the economy in various ways over the past few months (digital ID getting more attention, BRICS & cbdc India next year and probably more as we move along, many countries setting EV 2030 targets, etc. in light of it clearly going to underdeliver & fail spectacularly). and probably something from left-field that we'll never expect that'll be the perfect excuse to trigger a cascading domino effect in everything else
so basically, not selling any current investments. If they make money in the fake pump period i will sell, otherwise hold. and not putting any new money into markets, stacking cash and probably buy up some gold & silver here and there if i feel like i can part with some cash. might miss out on some short term opportunities but I thinking from Q2 2023 will be the great buying opportunity. between now & then there'll be a lot of fuckery
Do not wait on the gold and silver!
Silver can't stay where it is right now very long. It's under mining cost. Miners will either stop mining it or start hoarding it till price goes up.
Silver supply is getting tight in areas. I started stacking 10 months ago.there was plenty to buy and choose from at my lcs. For the last 3 months,his shelves have been almost bare. I bought gold for a couple weeks cuz there wasn't any Silver to buy.
i've already been stacking a sizable amount over the past few years. so from here on it's just a little extra for the sake of it. i'm not too fussed
Remember the headline about gold ore in Uganda?
Look for more stuff like that.
Curious... In a true societal economic crash what use is the gold and silver?
If I have gold and silver in-hand and markets collapse taking with it supply chains (food, medicine, etc) into a full system collapse, who Is going to trade me some food or other items for the gold? People will need to eat and they can't eat gold and silver.
If I have extra food from my garden or hunting and wanted to trade it I would want cloths or medicine or labor or lead or gas from the person I trade with not gold or silver.
They can't eat Fiat either. Precious metals hold historic wealth reserves, Fiat holds no tangible backing.
I do understand that. What I am stating is that labor would be far more precious in a total SHTF rebuild of society. Gold and silver would weigh you down.
Not everyone will be able to trade labor and there will be those that won't want to.
If we get into a bartering type system, better to have something of known value.
While one never knows, I doubt we'll get into such a scenario. If we did that would be a massive depopulation and likely the Great Reset.
When the new system starts up,you will need gold and silver or you're gonna start with nothing.
Gold and silver is not for during shtf,it's for after. The goal is to get through shit hitting the fan with you stack of metals so you end up very wealthy in the new system.
There are plenty of people and places who will accept silver. On reddit there are a couple guys who trade fresh beef for silver and gold,I wish they were near me. I'm a mechanic who accepts silver and gold as payment.i even offer a discount for using it. There was a gas station in a neighboring town who was accepting gold and silver till the town said they couldn't (tax reasons supposedly).
There is a parallel economy that uses metals. You just have to look for it and start using it.
Societal, or economic? Silver's role is to replace the modern Greenbacks of today after a economic collapse, it's not a panacea for all. And, after all, you don't buy a fire extinquisher to stop your house from flooding, nor do you buy a sump pump to put out a house fire.
"Societal, or economic? "
Both, one leading to the other. I am speaking about a complete SHTF situation, I can see its usefulness if/when society rebuilds itself but that could be a long time. Due to their conductivity I could see them being used to rebuild important technologies. Lots of old microchips were made with silicon and GOLD.
Thank you guys for the replies! I really am interested in what other people would do with these metals in a destroyed world.
It's to be rich in the rebuilding.
Someone lives in a town house with no garden or space for growing/making anything. Are they going to trade with pebbles or precious metals?
Trade with labor, tending the crops, or delivering them or something. The metals are heavy, and need additional lead to protect them (needed to guard your food), so in a total SHTF situation I would not want them unless I needed the metals to make silver and gold bullets...
Gold and silver are never for the fall. They are for after we restart.
Food, shelter, ammo, lighters, blankets, candles, firewood, medical supplies, knowledge… etc… are what will make you rich during the fall.
Buy buy buy. If the system collapses your assets such as gold and black powder will be more valuable than anything. Just make sure it is a ta gable asset and not some junk certificate like cash.
What? Do you mean "tangible"?
Yes. Sorry for the typo.
The markets are fake just like the entire financial system. Just hold on to you assets and when the system collapses they will be worth a fortune.
Update:
Silver $18.57 https://silverprice.org/
Gold $1690.14 https://goldprice.org/
Soon to be a Lead economy.
Precious Metals come later.
Funny… and crypto is back to rising steadily…
Funny how those people told me I was stupid for holding some crypto and that I should put all of it into gold or silver.
Funny how those same people just go poof
it's because gold is tied to the dollar?
Not pegged anymore
but
being able to gold with fewer dollars makes the dollar look good.
And makes gold look bad for those not realizing it's on sale.
Yes
Big money wants it -- but at a bargain.
It's because it's priced in dollars. The dollar is strengthening which is why commodities are going down in value also. The Euro and Yen are going to shit. The USD is looked at as "safe" as far as currency goes relative to other currencies. Rising interest rates also make the the dollar attractive to hedge against uncertainty in the stock markets. Risk a huge loss vs knowing you can get ~3% interest by holding a bond.
You've got to realize most people have ZERO clue about economics yet alone monetary theory. It's not what we know, it's what THEY believe. Know how to play the game. Gold/silver will most likely continue down so keep buying in lots to cost average but I wouldn't YOLO just yet. Stack on apes.
Language for Constitutional Money and how to bankrupt and take all the assets of anyone you need to sue:
https://greatawakening.win/p/15JTflfl0l/constitutional-money-legal-langu/