Okay, let’s take another look at how all of this unfolded.>Iran blocks the Strait of Hormuz>Oil prices skyrocket>Saudi Arabia and the UAE can’t export their oil>The Middle East sells gold to save its economy>Europe and Africa sell gold to buy oil>The U.S. sells gold to save the dollar>Gold prices begin to plummet>Gold is flowing into China, Russia, and Iran.Now is a great time to buy gold.And President Trump is an idiot he sold off America’s gold reserves.
But how low will it go?
>>536860256>SHOW ME YOUR COPE FACE /POL/ SISTERS
Geophysically, the gold/silver ratio should be 12. Since silver is in actual demand for industrial usage, gold still needs to correct back to ~800/oz
>>536860256>President Trump is an idiot he sold off America’s gold reserves.When did that happen?
>>536860256don't care... I'm buying more
>>536860388>If oil prices rise to $200/barrel,the price of gold could fall to $3,500/oz.The reason is actually quite simple:Gold is money,while oil is like drinking water for a nation.Without money, you’ll be poor; without drinking water, you’ll die of thirst immediately.Just like during the Great Famine, when a sack of flour was worth a sack of gold.
I'll take the cheapies
>>536860698I heard the goal is to address China’s trade deficit with the United States.>The U.S. is selling precious metals to China to reduce the trade deficit.Genius.
I'm very surprised gold and silver have dropped actually. Silver sure, they basically can rig and spoof that market no matter what public sentiments are, but gold dropping particularly surprises me. It's a buying time window.
>>536860256Bumping gold and silver thread.> Gold prices went down againIrrelevant , boomer and FED bank inflation is so high, that if you have extra free dollars, its BUY THE DIP, it's cheaper to buy gold and silver.
>mfw I didn't invest in shiny rock
>>536861259You should sell more precious metals and food.I believe hyperinflation is just around the corner.The Federal Reserve will fire up its nuclear-powered printing presses to solve the debt problem.Soon, $100 won’t even be enough to buy a roll of toilet paper.
>>536860966> Gold prices have plummeted again It's Chicago mafia. Who runs COMEX derivatives exchange. They already have 100x more paper/ digital silver, and paper digital gold. Than real one.And they just can run a bot to fake digital buyers, or sellers, depending where they want the price to go. Do you think they don't have gold and silver price under control ? They do. Now. However. In the LONG TERM , the long term trend is that Inflation is high , and both gold and silver will go up, LONG TERM. >. It's a buying time window. exactly
>price goes up>Start a New Thread>price goes down>Start a New Thread
>>536861609almost as if this board was about the daily news or something
>>536861479>I believe hyperinflation is just around the corner.Possible, but several other option exist.1.If Trump takes over the FED bank (from private international bankers) , then we won't a hyperinflation . Of course if international central bankers keep control of the FED, they'd continue money printing. 2. if Trump fully restarts manufacturing , there will be manufacturing that can support this.3, 4. 5.6. Other options for example, 3. they revalue gold to $10K and pay off parts of boomer debt. or 4. the crypto market gets in the trillions, boomer debt gets paid this way, 5. they re-monetize dollar with silver. etc.
>>536861479fed doesn't actually "print", the only way the system prints is by issuing new loans and leases. but interest rates are already too high, so no new money is being printed because there's no demand for it at high interest.the fed can't control yields past the overnight rate either. austerity is the only thing that's going to happen, and the inflationista boomers have already been getting fucked on everything in their portfolios that wasn't semiconductor stocks
>>536860256Yep. I've restocked in the dip.
>>536860698In 1974, Rockfellers looted Fort Knox.
>>536861882>boomers have already been getting fucked on everything in their portfolios that wasn't semiconductor stocksThe average boomer's most valuable asset is usually a house and the value of those has been going up like crazy
>>536861882>, the largest money that Bankers are generating, >is by private banks issuing new loans , re-finance new debts, >and issue new mortgages .I expanded this one. In US ,we have the worst possible scenraio .Not only US gov doesn't control FED bank, but also absolute of majority of money is issued by private banks.>out of nothing,So of course when private bankers issue new money, and the banks are FOR PROFIT. Then, their end goal is TO BANKRUPT YOU, and to take all your possessions - your business, your house etc. US gov must take control of the money system from banks. or the inevitable result will be everybody will be bankrupt ,and 0.1% of bankers will be super-rich.
>>536860410Peter is abruptly "ending his podcast for the summer" lol
>>536861859>>536861882I hope hyperinflation doesn’t happen, but I’m under no illusions.Next year’s financial crisis will cause many people to starve to death.
I discussed selling my gold with my wife at $5400 but predictably, she demanded we hang onto it. I could be scooping it back up right now at a profit if we did that.
>>536860256If you can, buy in Euro. Weaker dollar makes it even cheaper. Today the ECB hiked interest rates, gold always falls then. Seems like Tomorrow will be a good day to buy gold and silver sometime next week.
>>536860256You forgot the polacks bought like 35 tonnes. Smart poles
>>536863564I hope you starve to death.
>>536860256But it's physical. I can hold it in my hand, and it's a peace of mind knowing where it's at. Boomer rock niggers fell for it again
>>536864215I’m doing okay,I’m not about to starve to death.But many people who are poorer than me will be furious.War is coming.
Where do you guys buy it online? Long ago I used APMEX for a bunch of silver but now I have some extra money I want to buy a 10oz gold bar and some british or Canadian 1oz gold ones.
>>536861609And my stack continues to grow.
>>536864941findbullionprices is a good starter
>>536865048Thanks. I buy my ceep in the dark on a site like this.
>>536860944>I heard cripes shut the fuck up with that retard tier shitthis is like the russia is selling its gold memeswhen reality is russia & china now settle trade deficits between themselves in gold and bypass the usury system
>>536861536>LONG TERMAs in Alex Jonese's FEMA Camps long term?
>>536864941Just find a bar and ask for Tony.
>>536865819>when reality is russia & china now settle trade deficits between themselves in gold and bypass the usury systemI believe what you’re saying is true.But to be honest, I don’t believe there’s much gold left in your Fort Knox.Just look at Trump, the most corrupt and foolish president in American history.He wouldn’t hesitate to destroy the United States just to make money.
>>536860756What's the chicken from?
>>536860256Deflationary marker...bitcoin is as well. Interesting the parity how both follow each other now
>>536866345>Deflationary markerShouldn't this be imported inflation?Although gold prices have fallen, oil prices have skyrocketed.The rise in oil prices has caused everything else to start going up in price as well.
>>536866562They rise with inflation, well bitcoin does organically so does gold but there's so many paper gold ends out there it's a little unresponsive in comparison. But when they drop like that it means some massive amount of capital vanished some place because these two assets do get sold regularly on a bid system. Something happened that vaporized a lot of capital somewhere. Gold and bitcoin are the canaries in the coal mine.
>>536866253Niwatori Fighter
>decide to buy gold for the first time ever>get 50g around February>nothing but red sinceman come onalthough holding it in my hands kinda balances out the bad feeling
>>536860256>let’s take another look at how all of this unfoldedGoyim were about to get price discovery on silver so trump started a war to jack up oil prices so the epstein class could trade paper silver for paper oil and not lose their asses.
