It's getting ready to , the dollar is losing value and nations are working against us like BRICS and the economy is running on fumes. For example the fed said the inflation numbers have gone down for the 9 straight month in a row, funny thing about that is they don't count food or energy in the equation. Also Biden has almost but not quit yet emptied the strategic oil reserves yet by artificially lowering gas prices. I'll tell everyone here like I tell my family , stock up on food , ammo and get silver , no matter how little the amount, get some silver and if you can get some gold too . But silver would be great. The jobs numbers from this administration is bogus , here's why . First the jobs lost are good paying manufacturing jobs , the jobs created are service industry jobs , restaurants Starbucks ect. When the worker loses his factory job he's not taking the family out to dinner or the movie anymore. Housing has already slowed tremendously and will come to a screeching halt soon. Take a look at car lots , no new models on the showroom floor or in the lots these guys are getting by selling used cars . Yes there is some new cars , not many. I believe you have a short amount of time left to prepare. Good luck .
At some point, retail demand for physical gold will overwhelm the fantasy-land paper price. Paper gold (shares in gold ETFs for instance) is easy to turn into fiat, just as the post-1913 dollar (until Nixon ended all pretense that the dollar was gold-backed in '71) was actually fiat despite being advertised as not, even during the period up 'till Roosevelt ended dollar-gold convertability for US citizens and essentially confiscated gold -- because the FED was inflating the currency from Day One, though slowly enough that they got away with it for decades.
The public isn't spooked enough yet, nor educated enough, to stampede to their local coin dealers (and other metal merchants) and start changing their ever-dwindling supply of dollars for precious metals -- at least not in the numbers needed to move the price more than it already has.
If you notice FX movements in relation to commodities like Silver and Gold, Silver is even more undervalued than Gold. And plays a different role in the whole scheme.
So, I would expect, given the desire to not break the china in the cupboard, gold and silver will increase slowly. Take also note of the fact that the gold/silver ratio is decreasing.
Then another observation: these changes all are performed within a certain bandwidth.
Gold above 2071 and holding. if not, just another small reshuffling.
Silver: above 25.14 Euro's and holding, if not just another small reshuffling.
Dollar/Euro: above 1.169 dollars to the Euro and holding, if not: just another small reshuffling.
True, that! But everyone's had fiat currency for so long...Russia's just beginning to escape it, that the rise may be slow and steady. This would be good for those just getting in...
It's getting ready to , the dollar is losing value and nations are working against us like BRICS and the economy is running on fumes. For example the fed said the inflation numbers have gone down for the 9 straight month in a row, funny thing about that is they don't count food or energy in the equation. Also Biden has almost but not quit yet emptied the strategic oil reserves yet by artificially lowering gas prices. I'll tell everyone here like I tell my family , stock up on food , ammo and get silver , no matter how little the amount, get some silver and if you can get some gold too . But silver would be great. The jobs numbers from this administration is bogus , here's why . First the jobs lost are good paying manufacturing jobs , the jobs created are service industry jobs , restaurants Starbucks ect. When the worker loses his factory job he's not taking the family out to dinner or the movie anymore. Housing has already slowed tremendously and will come to a screeching halt soon. Take a look at car lots , no new models on the showroom floor or in the lots these guys are getting by selling used cars . Yes there is some new cars , not many. I believe you have a short amount of time left to prepare. Good luck .
At some point, retail demand for physical gold will overwhelm the fantasy-land paper price. Paper gold (shares in gold ETFs for instance) is easy to turn into fiat, just as the post-1913 dollar (until Nixon ended all pretense that the dollar was gold-backed in '71) was actually fiat despite being advertised as not, even during the period up 'till Roosevelt ended dollar-gold convertability for US citizens and essentially confiscated gold -- because the FED was inflating the currency from Day One, though slowly enough that they got away with it for decades.
The public isn't spooked enough yet, nor educated enough, to stampede to their local coin dealers (and other metal merchants) and start changing their ever-dwindling supply of dollars for precious metals -- at least not in the numbers needed to move the price more than it already has.
That'll change.
Within 3months…
My bro start looking into gold. And he work for bank, he won’t tell me anything specific, I could knew.
I've had all the guns and ammo I need for 30 + years. Been buying food for the past two years.....
Yes and no when it comes about the dollar.
If you notice FX movements in relation to commodities like Silver and Gold, Silver is even more undervalued than Gold. And plays a different role in the whole scheme.
So, I would expect, given the desire to not break the china in the cupboard, gold and silver will increase slowly. Take also note of the fact that the gold/silver ratio is decreasing.
Then another observation: these changes all are performed within a certain bandwidth.
Gold above 2071 and holding. if not, just another small reshuffling. Silver: above 25.14 Euro's and holding, if not just another small reshuffling. Dollar/Euro: above 1.169 dollars to the Euro and holding, if not: just another small reshuffling.
If gold goes up the doller goes down.
Same with silver.
Don't know why.
Blame it on the Federal Reserve's fractionated banking!
It has been held down artificially for years. Created paper supply out of thin air.
True, that! But everyone's had fiat currency for so long...Russia's just beginning to escape it, that the rise may be slow and steady. This would be good for those just getting in...
I respectfully disagree, but was not the downvote- on what do you base the dollar gaining strength, besides a coming world wide recession?
Remember the words of the late "Queen"....?
"We'll crash the entire world economy before we'll ever allow gold price realization to happen".
Also, whenever it does go over $2k, they sure as sh*t don't let it sit there for very long.....
This seems like one of the longest stretches of holding its $2k price......
Riggers.