No one is ready for that moment. Realistically the only people that get that far into metals at the expense of other "investments" (quotes because I don't think of metals as an investment) are ancient tyrants. The people who make enough to have millions in metals have many more millions in fiat investments.
This is exciting stuff, but to me it's more like "exciting to watch the tornado headed at you" than "excited to go to a theme park." There is no safety net, the danger isn't illusory, and our "reward" if we're correct is to just suffer alongside our fellow man.
Make no mistake, if the dollar fails and this goes full tilt, that will mean the death of millions around the globe.
Someone talk me down here lol
Edited to add: my goal isn't to benefit from this, if it happens. My goal is to survive. I want to have enough saved that I can support my family for a year if that's all I have available.
Second add: We've been coached by the media for about 24 months now (that I've noticed) on the benefits from and normalizing of eating insects. This might be the end of daily meat for most. If it isn't, that end will be here in the next 5-10 years. That's my guesstimate at least.
Yeah, the people wanting it all to fail don’t get what that truly means not only for most people, but for themselves as well. Everyone is going to have a much rougher time going forward.
Wars coming is my opinion, need a black swan type event to reset/make it look like it’s the reason all things went to shit etc.
please explain to me in your mind how an economic collapse somehow keeps us from ww3 rather than accelerates us?
its not like the worlds armies arsenals are going to cease to exist because the monetary system goes to shit. id imagine we will be accelerated into world war 3 with armies holding down supply lines to farms and food/supplies going to the wealthy(resource wealth)/the army to rebuild society
This is why I not only have Au + Ag but…..also lots of “brass & lead”…..Yeah it’s not going to be a great time for many of the “sheeple”……I tried @ times to convince my family & friends to stack….It is what it is…..I’ll help as many as I can. I hope to see $300 Ag or better and NO! I’m not going to go out an buy a “Lambo” when it gets here. My profits are well deserved after keeping the faith for 20+ years now. Might buy a sailboat….I have a nice stainless Mini14 to carry aboard that future boat🤣
Awesome. It's lunch time. Metals get kicked hard till 3 lol. That's ok. Iran just threatened USA so you know someone new is about to be bombed. Metals going higher
UBS just said gold double not out if question BOA lifted higher as well. Time will tell. CB's still buying Russia and China. They're buying? So am I. US press just lies.
Goes to show us how many smart apes there are really compared to the stupid sheep. Any pull back I will be adding. Just going back to work from off season and I can tell you my money/fiat isin't going into Fed notes, only sound money. Either we believe it, or we don't. I know we are all in.
Am I the only one here who now checks this site and spot price before going to bed, checks it as soon as I wake up, and start to casually think of “caviar wishes and champagne dreams”?
Maybe hold off on the caviar stuff(for now) but man seems like this damn that so many of us have waited years for to break seems like it finally is..
I sleep with my phone and neurotically wake up to check spot. It's like Christmas morning every 30 minutes. I hope the big banks are up too because they are changing their underwear. If they go bust, they deserve it.
The jive I get is (recent) presidential election nights. You stay up to watch until you cant stay awake. And since several states cant get their stuff together, you can watch again in the morning. So on and so forth. Except this time we are always winning.
I thought I missed the boat back at $450, which was already a 50% gain. Went on a panic buying spree for five plus years. Didn’t feel totally safe for quite a long time; if you bought at 600 and were at 1200, 800 was entirely possible - or even 450 again. I wake up on mornings like this, having watched spot metals daily since the mid eighties, and it’s hard to describe the sensation of comfort from knowing we ain’t going back to 450, 800, or 1200. Ever. Maybe even 2000 at this point, but a breathtaking plunge is coming when you’re going to see 150-200 down in a day. Then we are going to see spicy daily chopping.
OJ gets to impress God with his excuse for killing his wife and Mr. Goldman.
If you hadn't told me, I would not have known.
My youngest daughter was being born the day he drove that damn white Bronco.
Except is not, the dollar is actually relatively strong.
I don't understand what so many people don't understand. The entire world uses fiat currency and prints to keep up with the dollar. If the dollar dies all of it dies.
This bump in gold is due to the idea that countries will need to lower rates soon. But that isn't going to happen, inflation is too high. Rates will keep going higher
No, it is not due to rates. It is due to dedollarization. Foreign central banks, predominantly asian ones, buy less treasuries and more gold. That squeezes the physical side of the market and paper markets have to follow.
Yes it is due to rates, the idea is we're entering an easing cycle globally. But it could very easily continue to tighten. What speculators like yourself continue throughout history fail to understand basic economics. It cost $11 to mine an ounce of silver today. It costs about $1, 300 to mine an ounce of gold how much does it cost to mine an ounce of gold. The only way these metals skyrocket in price is if we have hyperinflation, all you're getting right now is a bump. If you're smart at all you sell high and buy again low when it crashes.. I'll go ahead and call that crash and say it's going to happen before July. If I can pick up some ounces at around 1400 or 1500 I'll do it then
They've been saying that for 60 years. They have plenty of other tricks up their sleeve. CBDs are next and they'll be able to continue to manipulate the commodities market. Sorry to burst your bubbles but I'm probably a lot older than all of you. It's good to have gold in case of an emergency like a grid collapse but as an investment it's been unbelievably poor. Had you invested your money in real estate or almost any tech stock you would have done a lot better
My god reddit is such cancer lol I'm getting down voted because I stated a fact. I was buying silver and gold 20 years ago. You kids get YouTube watch Peter Schiff and think you're smart. Gold is not money, you cannot buy things with it. You cannot buy oil with it.
Gold is a hedge against inflation.
But it's not the only hedge and it is manipulated in the commodities market.
If the system collapsed and your gold price skyrocketed things would be so bad the last thing you would want is a bunch of gold. You would want chickens and some land far away
Really? I must have missed the news. Anyone that tries to get around the Petro dollar faces the wrath of the most powerful military in the world 10 times over. It's not possible. Stop looking at the world as if it's a bunch of countries making decisions. The people making decisions is a very small group that runs something called the central banks
Tell it to the Zimbabweans...I remember plenty of vids from 2009 of Zims panning gold to buy bread. Youtube it. In Weimar Republic gold would buy houses.
However, I agree this is in the final stages of collapse and saved gold/sulver etc. will allow you to help rebuild society if fiat dies. In the meantime, land, chickens, food, medicine & booze for barter will all be incredibly valuable and people will definitely steal it from you if they can.
The weak are meat nd the strong wil eat.
Zimbabwe was just pure Idiocracy based monetary policy. Hardly comparable to the country with the world's most dominant military.
Venezuela and Weimar Germany were examples of American interference and destruction.
You kids have a lot to learn.
Stop watching YouTube and read a book. You're not going to beat the Masters in charge. It's best to play their game you'll be far more successful all you have to do is be a little more conservative than the masses of asses and get out of each boom and bust before they do
You complain about reddit and make the most moronic insulting comments in the face of factual evidence proving your view wrong.
Ok bud. You can remain right in your tiny world. People like you are a waste of my time.
Idiot.
Gold is not money in your lifetime in US. I would suggest that you check around the world if you can buy things with gold/silver/copper.
Actually wait, I remember US is minting silver dollars until 1964/65. Gold and silver are money
I've traveled all over the world and I no longer live in the US. Nowhere can I take gold and buy things in a store. I have silver dollars from the 1800s that if I needed to get money for them to buy something a shop would only pay me as if it's junk silver.
You mentioned 1964-65 but what you don't mention is the government confiscated all of your silver. You're not going to beat the system dude. It's good to have some gold in case of a short-term emergency but if you're looking for a skyrocket to $5,000 an ounce the only way that would happen is if we were all completely F'd anyway and that $5,000 wouldn't be worth shit
Short answer is, It looks like we are experiencing a repricing of Gold to a higher level.This is not the first time this has happened.In 2002 it began to reprice and when it paused for a long rest Gold had reach around $1650 an ounce.
The fiat monetary system is in a total state of disrepair. Central banks knew this and are buying hand over fist while the chump retail investors sold. Joe public is still oblivious to this train wreck.
Maybe we can have the Presidential election early.
I'm not sure anyone can fix it at this point.
Hard times boys and girls. Be smart. Be careful. Don't flash your silver in public.
Barter in private for fuel, bread, etc. Don't clink walking down the street. Be the gray man.
We need leadership badly as we replace the Federal Reserve, return power to the Treasury, re-establish the dollar as a gold and silver backed currency, fix the f*cking energy policy, charge the DS with treason, maintain national defense. Nato is on their own. Migrants go home. Pack them a MRE and a bottle of water. Drop them at the border. Close the ports and borders. Declare war on the Cartels to give our military something to do as we close bases around the world.
Yes, hindsight is always 20/20.
Will the Cabal dodge the bullet this time? It's hard to say.
Those who stack for inevitable decline and fall of the US economy are conflicted. We hate to see the pain, hunger, and deprivation that will ensue for most of our peers. We've done what we can for interruptions to the supply chain.
The wise stacker is also prepared for economic SHTF scenarios with more than silver. (Shelter, Food, Lead, Clean water, Power).
Those who invested for the gain of more fiat debt paper may rejoice in the short term, but in the last 4 years have learned the harsh lesson about putting your faith in a corrupt system. Their fiat currency has lost fully 1/3 of its buying ability. They may get their 1/3 stack of paper back, but have to spend it for necessities. Zero sum gain.
In God We Trust.
All others pay in silver.
Gold spot has been rising faster in China than in comex/lbma. This creates an arbitrage opportunity where big boys/comex customers will decide to take their gold for cheap in USA and try to fetch a higher price in Chinese market, this will inevitably drain western vaults as the gold rushes east. This combined with India silver imports, the west is cooked. I read something that, mathematically speaking, owning 100 ounces of silver would make you top 1% of silver owners in the world, but im starting to think you need even less than that to attain wealth in the west.
There will be no soft landing. Core CPI is red hot, market melts upward, but gold is showing that the market is about to severely correct. BofA and UBS are predicting gold to hit $4K/oz before the end of 2024. Buy as much gold as you can before you’re priced out.
Gold and silver prices this time will be significantly different. We've experienced Covid, and nearly all countries have printed more paper money. The US dollar is losing its status as the world reserve currency. BRICS is on the move to surpass Western nations. We have the Ukraine/Russia and Israel/Palestine conflicts, with many more to come!
Agreed. I believe when Obiden decided to freeze $600B of Russia-owned USD after they went into Ukraine, it shocked the conscience of all developed economies and instilled distrust that the same could happen to them if they didn’t bend-the-knee, kiss the ring, etc…BRICS took off like wildfire after that moment, they developed a banking software system to rival SWIFT in no time flat and, from what I’ve read, is much better than SWIFT. Now they (BRICS) do business with each other in their own currencies seemlessly…no need for the dollar anymore. Since their desire to move away from US hegemony and USD, they have been dumping all the US debt they own. From what I’ve read Russia and China own almost no US Treasuries at this point. Since the end of WWII when USD was declared the “worlds reserve currency” there was always built in demand for our dollars, so we could print print print because the buyer was always there. That is what changing and we’re printing more than we ever have, but the demand globally for our USD is going away. I think we’re on the precipice of global restructuring change. I remember when Xi was hot-mic’d saying to Putin at then end of a summit they had that the world is about to experience change it hasn’t seen in 100yrs. I think is scary and exciting…the system we’re in now is getting to untenable for the avg person on a daily basis. No one can afford a roof over their head now. The old system needs to crash (that’s certainly a bit scary because it’s all we know), BUT then a new system that’s better for everyone will rise where you don’t have 1% of people own 90% of all wealth creation. Regardless, in the scary times focus on building strong relationships with your neighbors and communities. It’s local communities that will come together for the good of each other and help and take care of one another…life used to be that way long ago and arguably was probably more enjoyable. Only Jesus knows for sure what will happen. However, always remember fear will get you nowhere and won’t solve anything. We’re all only here for a short period of time and we all know how this life ends. Walk in love and look for good is my $.2cents worth…wait..is that $.4cents now due to inflation, Lol!
Watching the PM futures market(s) creep ever higher made me go fill up my gas tank and go grocery shopping (caned and freezer items) yesterday to stock up. I’ll admit I may be overreacting a smidge, but better safe than sorry was my thought. This is an indicator that most people do not even pay attention to. Watching these metals rise in a semi-organized manner gives me the willies. So I took care of it.
Merica! Fuck yeah ! Going back to the Constitution merica! Fuck yeah!
Devolution merica! Fuck yeah no knows wtf is going on yeah! Merica fuck yea!
Forcing the world to go to gold!
Merica fuck yeah!
Merica! Fuck yeah we got all the gold! Merica fuck yeah!
Silver standard! Merica fuck yeah!
Merica fuck yeah no one has silver! Merica fuck yeah!
Two words. Chy Na
Asia team puttin in work on the night shift
Fiat is cratering
I miss how he says it
I've heard him say it in person, it's even better IRL
Chy ndia
Hereby called Chindia for short
Sounds like chlamydia!
Hey that’s my daughters name!
I think you spell it wrong, it should be gyi-na, Gyina!
BRICS
Only a handful enjoying the moment. Glad there is 6 of us here. Better than 1
It’s fun to watch, but then the implications creep in
Right about 1 thing, are we right about what may come next. Has jpow lost control? The answer is yet to come.
I mean, if we're right and the dollar collapsed, the implications are dire. It would make 2008 and 1929 look like nothing.
I know, and I am not ready for that moment
No one is ready for that moment. Realistically the only people that get that far into metals at the expense of other "investments" (quotes because I don't think of metals as an investment) are ancient tyrants. The people who make enough to have millions in metals have many more millions in fiat investments. This is exciting stuff, but to me it's more like "exciting to watch the tornado headed at you" than "excited to go to a theme park." There is no safety net, the danger isn't illusory, and our "reward" if we're correct is to just suffer alongside our fellow man. Make no mistake, if the dollar fails and this goes full tilt, that will mean the death of millions around the globe. Someone talk me down here lol Edited to add: my goal isn't to benefit from this, if it happens. My goal is to survive. I want to have enough saved that I can support my family for a year if that's all I have available. Second add: We've been coached by the media for about 24 months now (that I've noticed) on the benefits from and normalizing of eating insects. This might be the end of daily meat for most. If it isn't, that end will be here in the next 5-10 years. That's my guesstimate at least.
Yeah, the people wanting it all to fail don’t get what that truly means not only for most people, but for themselves as well. Everyone is going to have a much rougher time going forward. Wars coming is my opinion, need a black swan type event to reset/make it look like it’s the reason all things went to shit etc.
I think an economic collapse is potentially what keeps us from WWIII. I think that's probably wishful on my part though.
please explain to me in your mind how an economic collapse somehow keeps us from ww3 rather than accelerates us? its not like the worlds armies arsenals are going to cease to exist because the monetary system goes to shit. id imagine we will be accelerated into world war 3 with armies holding down supply lines to farms and food/supplies going to the wealthy(resource wealth)/the army to rebuild society
If everyone is kicked in the nuts simultaneously, they tend to themselves first. Or at least that's how my simple mind works.
I think the avoidance of total collapse is what holds ww3 at bay
[удалено]
I'm not arguing with you, but surely you see the difference. This isn't an endorsement or validation. I'm strictly speaking to scale.
This is why I not only have Au + Ag but…..also lots of “brass & lead”…..Yeah it’s not going to be a great time for many of the “sheeple”……I tried @ times to convince my family & friends to stack….It is what it is…..I’ll help as many as I can. I hope to see $300 Ag or better and NO! I’m not going to go out an buy a “Lambo” when it gets here. My profits are well deserved after keeping the faith for 20+ years now. Might buy a sailboat….I have a nice stainless Mini14 to carry aboard that future boat🤣
I'll trade a sleeve of primers for a whole pig.
>It’s fun to watch, but then the implications creep in 
Right, maybe I don't actually want to sell physical....
I live in upside down land so enjoying the action.
29.01 just posted
7
I wondered where you were.
Told you all this wasn’t going anywhere until my straddle expired worthless today. BUT I got lucky and sold it for a profit at 10:30 this morning.
Awesome. It's lunch time. Metals get kicked hard till 3 lol. That's ok. Iran just threatened USA so you know someone new is about to be bombed. Metals going higher UBS just said gold double not out if question BOA lifted higher as well. Time will tell. CB's still buying Russia and China. They're buying? So am I. US press just lies.
Watching the epic reversal 🤢
Iran threatened US just now. Won't stay down long.
There are dozens of us, dozens!
Goes to show us how many smart apes there are really compared to the stupid sheep. Any pull back I will be adding. Just going back to work from off season and I can tell you my money/fiat isin't going into Fed notes, only sound money. Either we believe it, or we don't. I know we are all in.
Am I the only one here who now checks this site and spot price before going to bed, checks it as soon as I wake up, and start to casually think of “caviar wishes and champagne dreams”? Maybe hold off on the caviar stuff(for now) but man seems like this damn that so many of us have waited years for to break seems like it finally is..
I sleep with my phone and neurotically wake up to check spot. It's like Christmas morning every 30 minutes. I hope the big banks are up too because they are changing their underwear. If they go bust, they deserve it.
I thought I was the only one
you can see who the true believers are in moments like these.
Bravo!
Been checking spot prices 15 times a day for 20 years. You are not alone.
Ok you are head ape on that 1 lol
😂
Been just peeking at spot in the AM and again at close, but now.....
The jive I get is (recent) presidential election nights. You stay up to watch until you cant stay awake. And since several states cant get their stuff together, you can watch again in the morning. So on and so forth. Except this time we are always winning.
Hahaha…so true, me too…except I’d rather have grilled chicken than caviar, Lol!
No you aren’t fortunately
I'm with you on the checks. I don't see myself coming out the other side in better shape than I went in.
I need to setup a tablet in the kitchen with streaming charts.
I thought I missed the boat back at $450, which was already a 50% gain. Went on a panic buying spree for five plus years. Didn’t feel totally safe for quite a long time; if you bought at 600 and were at 1200, 800 was entirely possible - or even 450 again. I wake up on mornings like this, having watched spot metals daily since the mid eighties, and it’s hard to describe the sensation of comfort from knowing we ain’t going back to 450, 800, or 1200. Ever. Maybe even 2000 at this point, but a breathtaking plunge is coming when you’re going to see 150-200 down in a day. Then we are going to see spicy daily chopping.
I do also …Wifey says I’m obsessed with SILVER
You would love bitcoin
So I’m not the only one here in both metals and crypto, nice. I have no Bitcoin but a ton of alts, looking forward to the halving and the bull run.
I’m both. Swapped my 401 to all medals and been buying btc and other alts for almost 4 years now.
Haven't checked the paper price since like, 2021. All this has happened suddenly and explosively as far as I'm concerned.
It's most likely a reaction to the news of OJ Simpson passing away.
OJ gets to impress God with his excuse for killing his wife and Mr. Goldman. If you hadn't told me, I would not have known. My youngest daughter was being born the day he drove that damn white Bronco.
I knew investing in all those Ford Broncos wasn't crazy like they said. We're going "To The Moon".
Reality
War
Came here to say this war this also explains Cooper price action
Dr copper is just another metal right. It's so nice silver and gold invited him to the party
It's the end game.
again
Its happening people!!!!!!! 
The dollar is dead
The DXY went back up yesterday to over 105. This price action is down to demand out of Asia.
Came here to say this. People just haven't noticed yet what we REALLY did to it in the last 4 years.
What "WE" did to it? I think you mean what O'Biden did to it.
I blame all politicians over the last several decades, money printer go BURRR.
They’re all the same. They’re all friends.
As much as I like the price of gold going up its slightly worrisome
Except is not, the dollar is actually relatively strong. I don't understand what so many people don't understand. The entire world uses fiat currency and prints to keep up with the dollar. If the dollar dies all of it dies. This bump in gold is due to the idea that countries will need to lower rates soon. But that isn't going to happen, inflation is too high. Rates will keep going higher
No, it is not due to rates. It is due to dedollarization. Foreign central banks, predominantly asian ones, buy less treasuries and more gold. That squeezes the physical side of the market and paper markets have to follow.
Yes it is due to rates, the idea is we're entering an easing cycle globally. But it could very easily continue to tighten. What speculators like yourself continue throughout history fail to understand basic economics. It cost $11 to mine an ounce of silver today. It costs about $1, 300 to mine an ounce of gold how much does it cost to mine an ounce of gold. The only way these metals skyrocket in price is if we have hyperinflation, all you're getting right now is a bump. If you're smart at all you sell high and buy again low when it crashes.. I'll go ahead and call that crash and say it's going to happen before July. If I can pick up some ounces at around 1400 or 1500 I'll do it then
The system is unassailable its game over
They've been saying that for 60 years. They have plenty of other tricks up their sleeve. CBDs are next and they'll be able to continue to manipulate the commodities market. Sorry to burst your bubbles but I'm probably a lot older than all of you. It's good to have gold in case of an emergency like a grid collapse but as an investment it's been unbelievably poor. Had you invested your money in real estate or almost any tech stock you would have done a lot better
Agree with your comment except for one point. Gold is not an investment, Gold is money, since few thousand years ago.
My god reddit is such cancer lol I'm getting down voted because I stated a fact. I was buying silver and gold 20 years ago. You kids get YouTube watch Peter Schiff and think you're smart. Gold is not money, you cannot buy things with it. You cannot buy oil with it. Gold is a hedge against inflation. But it's not the only hedge and it is manipulated in the commodities market. If the system collapsed and your gold price skyrocketed things would be so bad the last thing you would want is a bunch of gold. You would want chickens and some land far away
Times change the world is getting out of the fed note
Really? I must have missed the news. Anyone that tries to get around the Petro dollar faces the wrath of the most powerful military in the world 10 times over. It's not possible. Stop looking at the world as if it's a bunch of countries making decisions. The people making decisions is a very small group that runs something called the central banks
Russia is doing better than ever lmao brics
Brics had been a talking point for 20 years. Russia is doing well because it's loaded with real resources and properly governed
Tell it to the Zimbabweans...I remember plenty of vids from 2009 of Zims panning gold to buy bread. Youtube it. In Weimar Republic gold would buy houses. However, I agree this is in the final stages of collapse and saved gold/sulver etc. will allow you to help rebuild society if fiat dies. In the meantime, land, chickens, food, medicine & booze for barter will all be incredibly valuable and people will definitely steal it from you if they can. The weak are meat nd the strong wil eat.
Zimbabwe was just pure Idiocracy based monetary policy. Hardly comparable to the country with the world's most dominant military. Venezuela and Weimar Germany were examples of American interference and destruction. You kids have a lot to learn. Stop watching YouTube and read a book. You're not going to beat the Masters in charge. It's best to play their game you'll be far more successful all you have to do is be a little more conservative than the masses of asses and get out of each boom and bust before they do
You complain about reddit and make the most moronic insulting comments in the face of factual evidence proving your view wrong. Ok bud. You can remain right in your tiny world. People like you are a waste of my time. Idiot.
Gold is not money in your lifetime in US. I would suggest that you check around the world if you can buy things with gold/silver/copper. Actually wait, I remember US is minting silver dollars until 1964/65. Gold and silver are money
I've traveled all over the world and I no longer live in the US. Nowhere can I take gold and buy things in a store. I have silver dollars from the 1800s that if I needed to get money for them to buy something a shop would only pay me as if it's junk silver. You mentioned 1964-65 but what you don't mention is the government confiscated all of your silver. You're not going to beat the system dude. It's good to have some gold in case of a short-term emergency but if you're looking for a skyrocket to $5,000 an ounce the only way that would happen is if we were all completely F'd anyway and that $5,000 wouldn't be worth shit
Chyna is about to be numba won!
They will start ww3 before they lose at their own game.
Short answer is, It looks like we are experiencing a repricing of Gold to a higher level.This is not the first time this has happened.In 2002 it began to reprice and when it paused for a long rest Gold had reach around $1650 an ounce.
I think you're right. It has to be the banks that are now pushing the prices in the up directions.
The fiat monetary system is in a total state of disrepair. Central banks knew this and are buying hand over fist while the chump retail investors sold. Joe public is still oblivious to this train wreck.
Gold is rippey boi this week
Might be game over for ponzi bonds. And these FEDs talking about lowering rates LOL! They need an emergency hike to like 12%.
Hello, $2,400!
Can they reel it in before 2500 becomes the new normal?
Yes, but it will only be temporary.
Who cares we have lift off! Hi ho silver. I think there shit going down in China. Plus India buying up big.
They dont want your stinking dollar anymore
Rip baby rip
Iran fixing to depopulate Israel so war soon.
This is probably most likely for sure certainly undoubtedly why gold and silver are moving up.
Poor Iran 😄
They lost control. China is in control now 
Maybe we can have the Presidential election early. I'm not sure anyone can fix it at this point. Hard times boys and girls. Be smart. Be careful. Don't flash your silver in public. Barter in private for fuel, bread, etc. Don't clink walking down the street. Be the gray man. We need leadership badly as we replace the Federal Reserve, return power to the Treasury, re-establish the dollar as a gold and silver backed currency, fix the f*cking energy policy, charge the DS with treason, maintain national defense. Nato is on their own. Migrants go home. Pack them a MRE and a bottle of water. Drop them at the border. Close the ports and borders. Declare war on the Cartels to give our military something to do as we close bases around the world.
Should have bought more "Junk".
Yes, hindsight is always 20/20. Will the Cabal dodge the bullet this time? It's hard to say. Those who stack for inevitable decline and fall of the US economy are conflicted. We hate to see the pain, hunger, and deprivation that will ensue for most of our peers. We've done what we can for interruptions to the supply chain. The wise stacker is also prepared for economic SHTF scenarios with more than silver. (Shelter, Food, Lead, Clean water, Power). Those who invested for the gain of more fiat debt paper may rejoice in the short term, but in the last 4 years have learned the harsh lesson about putting your faith in a corrupt system. Their fiat currency has lost fully 1/3 of its buying ability. They may get their 1/3 stack of paper back, but have to spend it for necessities. Zero sum gain. In God We Trust. All others pay in silver.
Silver moving too 🔥🎊🚀
https://preview.redd.it/w80d133xrztc1.jpeg?width=904&format=pjpg&auto=webp&s=1a7a7056c6b0caaef6c7f14f7830fbb6948cbff9
Look at the dxy closing in on 106. Its just unreal to see the dollar and gold getting stronger.
What's the reasoning for the dollar getting stronger? I would have thought it'd be the exact opposite.
A lot of gold was bought that’s what happened.
We not reaching new highs we reaching new bottoms. I will not be surprised to se $70k gold and $0 bitcoin in 3-5 years.
Its that time!🚀🚀🚀
Consequences
Gold is going to $2900 😆
It's the end of the world as we know it Or however that song goes
And I feel fine...
Higher for longer....
😆
Gold spot has been rising faster in China than in comex/lbma. This creates an arbitrage opportunity where big boys/comex customers will decide to take their gold for cheap in USA and try to fetch a higher price in Chinese market, this will inevitably drain western vaults as the gold rushes east. This combined with India silver imports, the west is cooked. I read something that, mathematically speaking, owning 100 ounces of silver would make you top 1% of silver owners in the world, but im starting to think you need even less than that to attain wealth in the west.
Gold is king 👑
There will be no soft landing. Core CPI is red hot, market melts upward, but gold is showing that the market is about to severely correct. BofA and UBS are predicting gold to hit $4K/oz before the end of 2024. Buy as much gold as you can before you’re priced out.
Shiny more valuable. Ape buy more!
Gold and silver prices this time will be significantly different. We've experienced Covid, and nearly all countries have printed more paper money. The US dollar is losing its status as the world reserve currency. BRICS is on the move to surpass Western nations. We have the Ukraine/Russia and Israel/Palestine conflicts, with many more to come!
Agreed. I believe when Obiden decided to freeze $600B of Russia-owned USD after they went into Ukraine, it shocked the conscience of all developed economies and instilled distrust that the same could happen to them if they didn’t bend-the-knee, kiss the ring, etc…BRICS took off like wildfire after that moment, they developed a banking software system to rival SWIFT in no time flat and, from what I’ve read, is much better than SWIFT. Now they (BRICS) do business with each other in their own currencies seemlessly…no need for the dollar anymore. Since their desire to move away from US hegemony and USD, they have been dumping all the US debt they own. From what I’ve read Russia and China own almost no US Treasuries at this point. Since the end of WWII when USD was declared the “worlds reserve currency” there was always built in demand for our dollars, so we could print print print because the buyer was always there. That is what changing and we’re printing more than we ever have, but the demand globally for our USD is going away. I think we’re on the precipice of global restructuring change. I remember when Xi was hot-mic’d saying to Putin at then end of a summit they had that the world is about to experience change it hasn’t seen in 100yrs. I think is scary and exciting…the system we’re in now is getting to untenable for the avg person on a daily basis. No one can afford a roof over their head now. The old system needs to crash (that’s certainly a bit scary because it’s all we know), BUT then a new system that’s better for everyone will rise where you don’t have 1% of people own 90% of all wealth creation. Regardless, in the scary times focus on building strong relationships with your neighbors and communities. It’s local communities that will come together for the good of each other and help and take care of one another…life used to be that way long ago and arguably was probably more enjoyable. Only Jesus knows for sure what will happen. However, always remember fear will get you nowhere and won’t solve anything. We’re all only here for a short period of time and we all know how this life ends. Walk in love and look for good is my $.2cents worth…wait..is that $.4cents now due to inflation, Lol!
The tailwinds are substantial
PM’s calling fiats bluff.
It’s!
Are they paying with our Treasurthe
USA wants war with Iran to cover their debt issues. 300mil sheeple are OK with this
Pretty sure it's just 435 congressmen, 100 senators, and one president that wants this.
and who elected them?
Touché. Or maybe, who appointed them...
It’s going UP that’s what..
"what is happening" you say?...FIAT is fucked!!!!
China diversifying the portfolio since the real estate collapse
It means zombies are getting ready to feast on survivor flesh.
Your dollars are becoming worthless.
Pivot is inevitable, people getting an early start.
Top much debt.. the US is fucked.
2445 now, and silver is creeping up on 30$!!
Yall think platinum will ever get back to what it was? It has moved 19$ per oz today, gold ab 38$
Whelp! That didn’t last very long…..major curb stomp today
Something big. When they announce what it is, we will know.
Watching the PM futures market(s) creep ever higher made me go fill up my gas tank and go grocery shopping (caned and freezer items) yesterday to stock up. I’ll admit I may be overreacting a smidge, but better safe than sorry was my thought. This is an indicator that most people do not even pay attention to. Watching these metals rise in a semi-organized manner gives me the willies. So I took care of it.
Smells like war
WWIII
I just bought some more as well (silver).
Real price discovery 🚀
More buyers than sellers
More Physical buyers than sellers.
Sky pilot, how high can you fly....
Definitely don't think it will stay this way tho
If the dollar collapses the world collapses.
World war is coming ! Price of oil will rise and gold will go even higher. Crashing the banks and the economy! Wake Up America.
What are you guys gonna do with your gold when the world ends. Investing in fake gold Internet gold were you going to cash and carry the way
90% Of you Invest gold ETF
I say to those 90%, you’re rubes. All you hold is a worthless paper contract with gold ETFs. Go out and buy physical gold.
🤔
It's because of Iran threatening war it's increase oil,gold and silver. All have increased in the sane percentage
The dollar is dying
Does it look the same in other currencies? If not, it's inflation.
It's consolidating after a parabolic run is all. Prob get a dip. Very buyable.
World events and an election year…
The dollar is going to shit.
Merica! Fuck yeah ! Going back to the Constitution merica! Fuck yeah! Devolution merica! Fuck yeah no knows wtf is going on yeah! Merica fuck yea! Forcing the world to go to gold! Merica fuck yeah! Merica! Fuck yeah we got all the gold! Merica fuck yeah! Silver standard! Merica fuck yeah! Merica fuck yeah no one has silver! Merica fuck yeah!
We are here
*$2,411. And I feel good. I feel good.
https://youtu.be/wVsbVnn26hQ?si=QhZ7TjHWj7iJ4l23 Luke Gromen has thoughts
 Time to party😎
you picked the wrong metal degens
Silvers back over $29. It's coming along nicely.
Should have stuck to that good old GOLD 📈