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Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst

 
Anonymous Coward
User ID: 78419874
Canada
05/04/2020 02:59 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Invest in what you can protect. If you are good at cybersecurity (and I mean REALLY GOOD) Bitcoin or cryptos might be for you.

If you can hide stuff, or protect yourself, physical assets are the way to go.

For gold, a mix of physical and gold miners are probably the way to go. To not have any physical is folly.

USD is dying, because the Federal Reserve wouldn't let anyone go bankrupt. Not banks, not insurers, not airlines, not friggin Boeing!
Anonymous Coward
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05/04/2020 03:36 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Paper gold is as good as paper pussy.

Any more questions?
Festus Hoggbottom

User ID: 78382070
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05/04/2020 03:59 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Can't even trade XAU/USD anymore. Spreads are anywhere from 150 - 200. Ridiculous. It was my favorite pair for news. And good luck finding somebody to sell you physical gold (and no, I'm not talking about the marked up William Devane bullshit). Buyers have become hoarders and they're not letting any go.
I did it. I did it on purpose. And I'll do it again.
MissCleo

User ID: 77082640
United States
05/04/2020 04:30 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
From another thread:
Sure the USa will lend states money as a set term in a loan!

Why not.

The Federal gov will then own the states!
 Quoting: Anonymous Coward 78342846


You mean like how the "Federal Reserve" (A private bank) owns the U.S.
 Quoting: Anonymous Coward 76792534


Except the treasury owns the fed as of two weeks ago boldtard.
 Quoting: Nobodyshome420


Treasury owns the Fed.

Last Edited by Agent 99 on 05/04/2020 04:31 PM
Anonymous Coward
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United States
05/04/2020 04:51 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Physical silver..eagles..40 percent of portfolio.

1-3 years look it real estate

Stock market warnings still..

Got out jan.

Have cash sidelines.
Anonymous Coward
User ID: 76699272
Canada
05/04/2020 05:02 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
No OP, if they come after gold, have it put in to teeth

that way it will smell of nazi pulling gold
Anonymous Coward
User ID: 72762898
United States
05/04/2020 05:11 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
sure go buy gold, most governments love when you have gold because under the right conditions they will confiscate it and they have before... buyer beware.
 Quoting: Anonymous Coward 78875960


Boating accident, all my Gold was lost to the murky deep!burnit
Anonymous Coward
User ID: 1298661
United States
05/04/2020 05:21 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Want to say up front we are talking old money, generational wealth, in other words the super rich families that control the world. What do they use to hold wealth? Not talking risk capital, talking core wealth. The old moneyed families own four things, gold, real estate, transnational corporations and governments.

Copy them. Obviously little people can't own governments or transnationals, but you can own gold and real estate.
Jungus

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Australia
05/04/2020 05:22 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
I found a 24 ounce gold nugget with a detector in 2006 when gold was $650 an anouce making it worth $15,600 USD

at todays gold price it is worth $41,280 USD

Go GOLD! Make sure it's physical though.
Jungus

User ID: 78875428
Australia
05/04/2020 05:22 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
sure go buy gold, most governments love when you have gold because under the right conditions they will confiscate it and they have before... buyer beware.
 Quoting: Anonymous Coward 78875960


Boating accident, all my Gold was lost to the murky deep!burnit
 Quoting: Anonymous Coward 72762898


Have to say that does worry me, if it happened before it'll happen again.
Anonymous Coward
User ID: 76303870
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05/04/2020 05:36 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Why would I want to buy something the government can just seize from me? NO THANKS
Anonymous Coward
User ID: 1298661
United States
05/04/2020 05:42 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
sure go buy gold, most governments love when you have gold because under the right conditions they will confiscate it and they have before... buyer beware.
 Quoting: Anonymous Coward 78875960


Boating accident, all my Gold was lost to the murky deep!burnit
 Quoting: Anonymous Coward 72762898


Have to say that does worry me, if it happened before it'll happen again.
 Quoting: Jungus


The answer is in the numbers. Total gold world wide is only about 8 trillion. Private sector gold held in the US is only measured in billions. Not even worth their time when your talking about printing trillions, it's a drop in the bucket really.

They will hit you with a windfall tax if it goes up big. Capital gains so on and so forth.
Anonymous Coward
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05/04/2020 06:28 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Have a look at what the current price of the DOW is , today...

There you'll see the current price of one ounce of Gold...
countryleftypenn

User ID: 78503126
United States
05/04/2020 06:45 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Forget Gold!!

[link to www.nowtheendbegins.com (secure)]
Jesus Christ is the only way to Salvation.
1 Corinthians 1611 AV KJ Bible
Chapter 15
1 Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand; 2 By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. 3 For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; 4 And that he was buried, and that he rose again the third day according to the scriptures:
Anonymous Coward
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05/04/2020 06:55 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
what am i going to do with a bar of gold? might as well use a brick.
Rufus Juice

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05/04/2020 07:03 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
why does gold have value? because its shiny?

Worthless as a piece of rock.
"When the power of love overcomes the love of power the world will know peace" Jimi Hendrix
Anonymous Coward
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05/04/2020 07:49 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Hummm, thats a good question. Should I buy a piece of paper saying I own 100 ounces of gold or buy a 100 ounces I can hold in my hands. Hummm,1dunno1 I dont know?
 Quoting: Anonymous Coward 78145469


wow, 100oz ?
obamalover

User ID: 77555432
United States
05/04/2020 08:06 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
why did i listen to all those silvertards silver gone nowhere never will
obamalover
Anonymous Coward
User ID: 62857684
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05/04/2020 08:08 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Why would I want to buy something the government can just seize from me? NO THANKS
 Quoting: Anonymous Coward 76303870


Because son, the .Gov is gonna take all your Federal Reserve Notes, aka dollars, through taxation.


what am i going to do with a bar of gold? might as well use a brick.
 Quoting: Anonymous Coward 78617574


Then buy coins, no one expects you to buy 400 oz bar!
Anonymous Coward
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05/04/2020 08:11 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Smart money will buy Crypto.

While it took a hard hit during the coronavirus sell off, it has entirely rebounded. It also proved successful in a vital test. The test of quick liquidity. Billions of dollars dumped in minutes without much of an issue. Expect the same dumpers to reload as they know they can offload it instantly.

Halving is a week away and set to moon in the following year as the cost to mine significantly increases.
mr dull socks

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05/04/2020 08:12 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Should I invest in physical gold or gold stock GLD ?

[link to www.ccn.com (secure)]
 Quoting: Anonymous Coward 77594784


physical GLD is gonna go bust
mr dull socks

User ID: 78401556
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05/04/2020 08:13 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
why does gold have value? because its shiny?

Worthless as a piece of rock.
 Quoting: Rufus Juice


it has value because it is rare.
mr dull socks

User ID: 78401556
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05/04/2020 08:14 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
why did i listen to all those silvertards silver gone nowhere never will
 Quoting: obamalover


your fancy computer requires silver to run. right now we are in a silver shortage. you figure out the rest
quick

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05/04/2020 08:29 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
Should I invest in physical gold or gold stock GLD ?

[link to www.ccn.com (secure)]
 Quoting: Anonymous Coward 77594784


Invest in Gold and gamble with the GLD...

I wouldn't get greedy with either, the financial handlers have been manipulating the price of gold and as long as they can print money they can manipulate the price of gold where ever they want, or even make it illegal to own so dont get all excited about some "Analyst forecast"

..and properly diversify with your food storage and other preps..

Just remember at some point anything in the stock market could easily be lost very quickly...

Remember MF Global, if not, go investigate what that was all about, where they were managing several billion dollars and was out of trust with the customers money..

This was a shot over the bow to let you know whats most likely going to happen in the end game of the stock markets...probably not too far away from happening.

The rumor is that all the brokerage houses are out of trust and could easily go broke with your money being at risk on their bets.

and physical Gold will always hold value but governments can make it illegal to hold, and make you turn it all in to the US Treasury at whatever they deem its value to be..most likely less than what you will think its worth.

.
Quick
RD47
User ID: 75067250
United States
05/04/2020 08:48 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
BACK TO REALITY!!!

Live Metals Prices $$$

[link to www.kitco.com (secure)]

peace
Anonymous Coward
User ID: 72671603
United States
05/04/2020 08:53 PM
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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
sure go buy gold, most governments love when you have gold because under the right conditions they will confiscate it and they have before... buyer beware.
 Quoting: Anonymous Coward 78875960


Only if you're dumb enough to turn it in.
Mac34

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United States
05/04/2020 09:25 PM

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Re: Gold Price Will Shatter 2020 Highs Thanks to Smart Money: Analyst
[link to www.silverdoctors.com (secure)]

The fed should just print $9.5 trillion and buy all the gold in the world ?
Beachsunset





GLP