Wish I could understand this stuff, I know I'm missing out on the stocks y'all talk about, but I just can't put money into something that I don't have any idea of how it all works.
if you buy gold/silver it reduces supply and makes it more valuable. then they print USD to dump into ETFs to push value of gold down. a house has cost the same amount of gold since 1913.
gold value drops when countries get destroyed because they get robbed of their gold (think Iraq and weapons of mass destruction). it was a violent gold heist.
USD is just made up.
basically they need to hold gold to increase value of USD. they sell their gold and when they run low, massive inflation. it's why war slows inflation. the winner gets the gold.
Excellent. I’m going to screenshot your comment to share with friends who will surely begin asking questions about gold, once they start hearing about the rising price.
Wish I could understand this stuff, I know I'm missing out on the stocks y'all talk about, but I just can't put money into something that I don't have any idea of how it all works.
USD is a ponzi scheme used to suppress money.
gold and silver are money.
they work inversely.
gold stronger shows weakness in USD.
if you buy gold/silver it reduces supply and makes it more valuable. then they print USD to dump into ETFs to push value of gold down. a house has cost the same amount of gold since 1913.
gold value drops when countries get destroyed because they get robbed of their gold (think Iraq and weapons of mass destruction). it was a violent gold heist.
USD is just made up.
basically they need to hold gold to increase value of USD. they sell their gold and when they run low, massive inflation. it's why war slows inflation. the winner gets the gold.
Printing USD allows theft digitally. it's easier taxing paychecks than physical coins.
Excellent. I’m going to screenshot your comment to share with friends who will surely begin asking questions about gold, once they start hearing about the rising price.
sorry for that being long. it's really a summary of the basics.
it's layers on layers of ponzi scheme. it becomes a domino effect.
Zirp