Then... I think all bets are off. It will continue to climb, but more slowly. If a reset to the gold standard is implemented to save the dollar, then an ounce of gold needs to be north of $40K, I think, if I remember other posts correctly.
Can that happen if there is no hyperinflation? Can gold simply be revalued at that amount, and then we go and take gold that is ours (because it was stolen, maybe), and suddenly we have a lot of gold and our dollar is still alive without suffering hyperinflation?
I don't know the answers to my questions. Nor do I have any sauce.
There are big banks in trouble. They sold gold that they didn’t own. When the owners wanted their gold, the banks had to lease gold from others at 16% (or similar) a month. That is right, a month; to cover their asses. Did we lease out our gold and now Trump wants the physical gold back?
Theory. Trump made the FED buy gold and it's in the US Treasury biggie bank. The sauce is tomato, in my pantry. 😉
Sounds yummy.
On Faux News they were reporting the gold is there because a report said so.
SMH.
classic Fox
I know.
If it isn't there, what do you guys think gold price will go to?
Immediately... as in, 5 trading days... $5000
Then... I think all bets are off. It will continue to climb, but more slowly. If a reset to the gold standard is implemented to save the dollar, then an ounce of gold needs to be north of $40K, I think, if I remember other posts correctly.
Can that happen if there is no hyperinflation? Can gold simply be revalued at that amount, and then we go and take gold that is ours (because it was stolen, maybe), and suddenly we have a lot of gold and our dollar is still alive without suffering hyperinflation?
I don't know the answers to my questions. Nor do I have any sauce.
Thankful to have a little bit of gold and silver in my safe, then!
80k. Eventually, possibly higher.
First, a spike to 5-6k on the initial news.
Next, a panic buying to over 10k.
Then, a stock collapse (DS initiated to take down Trump) 25-30k.
A new gold backed currency with Gold between 50-80k. Silver to over 5k.
Yup gold is going way up soon, and silver even more still!
We are probably storing it for the FED for free.
And they are privately owned.
During his first term, Trump announced that the US Treasury has the FED'S books. I think the Federal Reserve has been nationalized. But it's a secret.
Which means we know where it is. Trump in his best Darth Vader voice: “I have altered the plans…”
Storing the ‘fed’s’ gold…for free? ….they are probably charging us for storing it 😀
Kek
Is that Bill Still?
That's what I was going to say. It is. I loved his series about the money masters, it explained everything through history so well.
Wow yes!
No, its Willemina now. Turns out he was trans...
Stop playing. Do you have proof?
It's a joke. I was playing with words. he's not still bill......
Good one..
If true, it wouldn't be a surprise. "They" have been enriching themselves, to our detriment, for decades/centuries.
🎶All the gold....🎶
Larry Gatlin featuring Oak Ridge Boys (RIP Joe Bonsall):
https://m.youtube.com/watch?v=FPJx3G5LE5Q
Hmmm, maybe when it's revealed there is no gold, it crashes the dollar
There are big banks in trouble. They sold gold that they didn’t own. When the owners wanted their gold, the banks had to lease gold from others at 16% (or similar) a month. That is right, a month; to cover their asses. Did we lease out our gold and now Trump wants the physical gold back?
Fort Knox Gold....Is it gone ????
https://rumble.com/v6oj8g6-fort-knox-golds-purity-checked-with-new-scanner-4672.html?e9s=src_v1_ucp
2619 Dec 12, 2018 7:01:15 PM EST Q !!mG7VJxZNCI ID: 089200 No. 4281049 Dec 12, 2018 6:57:57 PM EST Anonymous ID: 376ff2 No. 4280876
Trumps Toilet is Gold, his sink is Gold, His streets will be Gold. The last thing you need to worry about is Gold.....WE HAVE IT ALL