Gold BREAKS ABOVE $1900/ounce...less than $15 to NEW ALL-TIME HIGH. | |
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Anonymous Coward (OP) User ID: 79168767 ![]() 07/24/2020 10:33 AM Report Abusive Post Report Copyright Violation | This one isn't a panic or pump and dump runup like last time. This is a natural progression to the death of the dollar. Quoting: Anonymous Coward 73265907 again not a chance. you'll never see a gold backed currency again ever. I agree. HOWEVER....you will be told that the coming "social-credit-score-and-Covipass-tied" digital world currency will be "gold-backed." If you can not readily and easily convert your digital blips to physically-deliverable gold upon request, IT IS NOT GOLD-BACKED. |
Anonymous Coward User ID: 78611198 ![]() 07/24/2020 10:46 AM Report Abusive Post Report Copyright Violation | This one isn't a panic or pump and dump runup like last time. This is a natural progression to the death of the dollar. Quoting: Anonymous Coward 73265907 again not a chance. you'll never see a gold backed currency again ever. I agree. HOWEVER....you will be told that the coming "social-credit-score-and-Covipass-tied" digital world currency will be "gold-backed." If you can not readily and easily convert your digital blips to physically-deliverable gold upon request, IT IS NOT GOLD-BACKED. to match values of items on balance sheets for all real assets and securities etc around the world we need more gold than has ever been mined and then some. or it's value is adjusted to some ridiculous figure and since everyone has a bit of gold they're suddenly millionaires which in turn inflates prices of everything else and very soon after shtf. OR we could write of large chunks of debt and equity but shtf still. |
Don Draper from Nantucket Winter Is Coming User ID: 57553864 ![]() 07/24/2020 10:46 AM ![]() Report Abusive Post Report Copyright Violation | This one isn't a panic or pump and dump runup like last time. This is a natural progression to the death of the dollar. Quoting: Anonymous Coward 73265907 again not a chance. you'll never see a gold backed currency again ever. I agree. HOWEVER....you will be told that the coming "social-credit-score-and-Covipass-tied" digital world currency will be "gold-backed." If you can not readily and easily convert your digital blips to physically-deliverable gold upon request, IT IS NOT GOLD-BACKED. Yup! Makes you wonder about all that symbolism on the $100 dollar bills some years back with one side an gold ink well, and all the constitutional gold writing! You know TPTB love to tell us what their gonna do to us before they do it! PLATA BITCHEZZZZZZ The Rolling Stones said it best... "What's confusing you is the nature of my game" |
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Anonymous Coward User ID: 3218945 ![]() 07/24/2020 11:30 AM Report Abusive Post Report Copyright Violation | I've decided that I'm selling all my physical silver when/IF it reaches 29.00/Ounce, sold!! Maybe i'm a fool, but that's my mark now. What did Kramer used to say "hogs get slaughtered" metaphor for getting greedy thinking the stock will always go higher. |
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Anonymous Coward User ID: 1298661 ![]() 07/24/2020 12:43 PM Report Abusive Post Report Copyright Violation | I've decided that I'm selling all my physical silver when/IF it reaches 29.00/Ounce, sold!! Maybe i'm a fool, but that's my mark now. What did Kramer used to say "hogs get slaughtered" metaphor for getting greedy thinking the stock will always go higher. If you need the money badly enough that's one thing. Got some advice from a seasoned metals trader long ago. Only sell one third of your position if you must take some money off the table. The ones that make the most are the ones that can "be right and sit tight". |
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