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Gold Smashes Above $1800 For First Time Since 2011

 
Don Draper from Nantucket

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06/30/2020 02:50 PM

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Gold Smashes Above $1800 For First Time Since 2011
[link to www.zerohedge.com (secure)]



Just a day after the counterfeit China gold bar story hit the market, precious metals are bid this morning with Gold futures surging above $1800 for the first time since Nov 2011


We ride!!!
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
Ghetto Guy

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06/30/2020 02:59 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
now if history repeats..everyone jumps on the AU train and it carshes 200 next week..guaranteed...
ALL IS WELL"
BFD

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06/30/2020 03:00 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Gerald Celente probably feel pretty validated!
Ghetto Guy

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06/30/2020 03:03 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
If History Is Any Guide We Could See $4,000 Gold

but we wont..there is a reason it went from 299 in 1999 to peak and stay in same window for a decade..this is the consensus of smart people of its intrinsic value..cmon do you want me to go into details? i will

[link to www.zerohedge.com (secure)]
ALL IS WELL"
Anonymous Coward
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06/30/2020 03:03 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
Don Draper from Nantucket  (OP)

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06/30/2020 03:05 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
 Quoting: Anonymous Coward 67984911


That would be sure to set off some fireworks!
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
Anonymous Coward
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06/30/2020 03:08 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
YOU CAN;T EAT GOLD !


5a
Click Here Again

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06/30/2020 03:08 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
 Quoting: Anonymous Coward 67984911


Where (and when) exactly did this rumor originate?
Anonymous Coward
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06/30/2020 03:08 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
gold should have been breaking records every day since the russian / Saudi opec battle and covid on top of it


gold should be at. 3000 by now

but with global financial failures, a pandemic, and chaos in the streets.... gold has barely been making moves for 4 months now since all this shit happened


proof the gold market is manipulated

in a free market, gold would have been on a skyrocket trajectory since March

but instead it moves laterally between 1700-1800
Punk-A$$ets

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06/30/2020 03:09 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
You can't eat gold.TBL-illumdance
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204
12/31/2014 - $1,184
12/31/2015 - $1,061
12/21/2020 - ?

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Anonymous Coward
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06/30/2020 03:09 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
 Quoting: Anonymous Coward 67984911


Where (and when) exactly did this rumor originate?
 Quoting: Click Here Again


in a qtards fantasies

same as the bullshit that trump took over the Fed
Anonymous Coward
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06/30/2020 03:11 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
YOU CAN;T EAT GOLD !

epiclol
Ghetto Guy

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06/30/2020 03:11 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
 Quoting: Anonymous Coward 67984911


nonsense CANNOT BE DONE...OMG..CMON TRUMP ANNOUNCES GOLD STANDARD..THE STUFF OF NETFLIX FANTASY!
ALL IS WELL"
Don Draper from Nantucket  (OP)

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06/30/2020 03:12 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
gold should have been breaking records every day since the russian / Saudi opec battle and covid on top of it


gold should be at. 3000 by now

but with global financial failures, a pandemic, and chaos in the streets.... gold has barely been making moves for 4 months now since all this shit happened


proof the gold market is manipulated

in a free market, gold would have been on a skyrocket trajectory since March

but instead it moves laterally between 1700-1800
 Quoting: Anonymous Coward 79087321


bingo-NI
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
xemomorph

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06/30/2020 03:12 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
[link to www.321gold.com] <<<Showing $1782.50 ATM
Suppressed To the Fucking MAX!
Gold IS 'Real Money'
xemomorph
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06/30/2020 03:13 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Rumor has it Trump will announce the return to the gold standard in Saturday’s 4 of July speech

Deep state assets won’t allow this however. Pray for Trump this weekend
 Quoting: Anonymous Coward 67984911


Where (and when) exactly did this rumor originate?
 Quoting: Click Here Again


in a qtards fantasies

same as the bullshit that trump took over the Fed
 Quoting: Anonymous Coward 79087321


Ah, should've guessed as much. But the fed reserve & treasury are merging. It's not a full blown merger yet but that part is actually in the works now. Or, let me rephrase, the opportunity to do so is now functionally plausible. Still not probable, but plausible.
Don Draper from Nantucket  (OP)

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06/30/2020 03:14 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
now if history repeats..everyone jumps on the AU train and it carshes 200 next week..guaranteed...
 Quoting: Ghetto Guy


If gold goes to $200 ever again pigs will be flying and hell will have done froze over!.....lol

hell1
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
Anonymous Coward
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06/30/2020 03:17 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
FVL.V has 6 gold million oz and possibly 10 million starting to go up ...should be 2.50 Net Present Value, and could be 3-5 soon as they just started drilling. Currently 1.29 was .40 a couple weeks ago...huge volume.
Shiva ascendant
assassin

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06/30/2020 03:19 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Smashes? A bit of an over statement I would say.
This is the way the world ends.
This is the way the world ends.
This is the way the world ends.
Not with a bang but with a whimper.
Grove Street

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06/30/2020 03:23 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
palladium is where its at..

300 bucks 15years ago now 2000.

metal tards ride

and palladium is such an interesting metal too

Last Edited by Grove Street on 06/30/2020 03:28 PM
Grove

And this is why we can't have nice things.
Re-Named- 777

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06/30/2020 03:24 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Onwards and upwards.

I need to buy more

banana2
Better to live for today, than wait for a day that never comes.
Blenderizer

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06/30/2020 03:25 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
gold should have been breaking records every day since the russian / Saudi opec battle and covid on top of it


gold should be at. 3000 by now

but with global financial failures, a pandemic, and chaos in the streets.... gold has barely been making moves for 4 months now since all this shit happened


proof the gold market is manipulated

in a free market, gold would have been on a skyrocket trajectory since March

but instead it moves laterally between 1700-1800
 Quoting: Anonymous Coward 79087321


In a free market the price of gold would be much, much higher. Because our government expands the national debt at around 8.5% every year. In 1934 our debt was $22 billion, do the math and it comes out to about $24 trillion today at 8.5% a year expansion.

That also means that gold should be priced at:
$50(1+0.085)^(2020 - 1934) = $55,710 per ounce
Modeling reality
LuckyMonkey

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06/30/2020 03:25 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
If History Is Any Guide We Could See $4,000 Gold

but we wont..there is a reason it went from 299 in 1999 to peak and stay in same window for a decade..this is the consensus of smart people of its intrinsic value..cmon do you want me to go into details? i will

[link to www.zerohedge.com (secure)]
 Quoting: Ghetto Guy


They are turning currency into pure doodoo and there's no turning back from that trend. They will need to continue to double down on that . smart money is going to continue going into gold because bonds are now return free risk. Fyi... about a year and a half ago gold was changed from a tier 3 asset to a tier 1 asset by the imf putting on par with only 2 other tier 1 assets. Us treasuries and USD. Put that un your pipe and smoke it
Don Draper from Nantucket  (OP)

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06/30/2020 03:27 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Onwards and upwards.

I need to buy more

banana2
 Quoting: Re-Named- 777


According to a previous poster it is going back to $200 an oz, lol.....so maybe wait a bit to back up the truck! What say you?
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
LuckyMonkey

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06/30/2020 03:27 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
And btw.. my miner stocks are raging hard crushing the S&P
Don Draper from Nantucket  (OP)

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06/30/2020 03:28 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
And btw.. my miner stocks are raging hard crushing the S&P
 Quoting: LuckyMonkey


mash-cheers5
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
Mistress C

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06/30/2020 03:30 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Rhodium 7300 oz.
LuckyMonkey

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06/30/2020 03:30 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Onwards and upwards.

I need to buy more

banana2
 Quoting: Re-Named- 777


According to a previous poster it is going back to $200 an oz, lol.....so maybe wait a bit to back up the truck! What say you?
 Quoting: Don Draper from Nantucket


200... good luck with that
Don Draper from Nantucket  (OP)

User ID: 57553864
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06/30/2020 03:31 PM

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Re: Gold Smashes Above $1800 For First Time Since 2011
Onwards and upwards.

I need to buy more

banana2
 Quoting: Re-Named- 777


According to a previous poster it is going back to $200 an oz, lol.....so maybe wait a bit to back up the truck! What say you?
 Quoting: Don Draper from Nantucket


200... good luck with that
 Quoting: LuckyMonkey


dicaprio-agree
Too late too late will be the cry!
Jury Nullification, learn it, live it!
If ignorance is bliss than knock the smile off my face.
Everyone has a plan til they get punched in the face. M Tyson
Blenderizer

User ID: 76760905
United States
06/30/2020 03:35 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
Onwards and upwards.

I need to buy more

banana2
 Quoting: Re-Named- 777


According to a previous poster it is going back to $200 an oz, lol.....so maybe wait a bit to back up the truck! What say you?
 Quoting: Don Draper from Nantucket


Can't drop below the cost of production, that's around $1,200 right now.
Modeling reality
Click Here Again

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06/30/2020 03:37 PM
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Re: Gold Smashes Above $1800 For First Time Since 2011
And btw.. my miner stocks are raging hard crushing the S&P
 Quoting: LuckyMonkey


I mine bitcoin, have for years. I know what my revenue should be on a weekly basis. For the past 2 weeks, for whatever reason, it's been cut in half. The payout per satoshi is the same, nothing has changed there, but the amount I'm actually mining has went down by about half. Has nothing to do with equipment on my end so I'm not sure what's going on there. Just thought I'd throw that out there. Maybe some of y'all have heard something I haven't.





GLP