Author Topic: Why Gold will be flat or GO DOWN!!!!!  (Read 133828 times)

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Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #435 on: May 27, 2020, 05:36:58 PM »
"Don't store it in a banking system"....i agree w/ goldswitzerland but he does not buy numismatics, only cheap bullion...

King World News   "China is going to unleash the gold price....."

Steve Quayle    Breaking Israel News  "Gog & Magog will start with a war between America & China"   warns Rabbi...

1890-08 10C MS 64  Kwangtung silver dragon   $484   SOLD bids     Ebay 264732332356       small, good grade, vintage kwangtung silver dragons are getting higher prices....

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #436 on: June 10, 2020, 04:44:23 AM »
Quote
The only reason the stock market is still overpriced is because the Fed continues to print free money, which allows speculation to continue at a feverish pace.

https://internationalman.com/articles/the-cracks-in-the-financial-system-are-getting-bigger/


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #437 on: June 14, 2020, 07:54:28 PM »
Armstrong Economics  "China seizes all Bitcoin bank accounts".....

From what i read, the biggest rival of physical gold ownership is digital currencies.     IF China seizes Bitcoin accounts and all digital currency ownership, besides their own, then the Chinese citizens/worldwide citizens will invest in real gold.   Make sense?...

Offline ShareTheNews

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #438 on: June 14, 2020, 10:02:31 PM »
Keep in mind that they seized the bank accounts - they did NOT and CANNOT seize the BTC.  BTC cannot be confiscated if off the exchange. BTC is the future. It is gold 2.0...in digital format. It isn’t going anywhere. The only direction BTC is going is —— up, up, and away (over the long-term). They can shut down the exchanges, but they can’t take your BTC. You can take a billion dollars across borders simply by memorizing digits.  You can’t take a billion dollars worth of gold or cash across borders...you’ll be arrested.

BTC is da bomb!  Silver and gold are okay, but nothing compared to BTC. 

https://youtu.be/yz8ymvqUMrU

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #439 on: June 15, 2020, 08:11:55 AM »
I cannot get volume on Utube.     Do not fully understand BTC.    If they seize bank accounts then people cannot use BTC in transactions but they still own BTC?       Also many articles say BTC has been hacked and accounts stolen.    Is this the same?   More details?....

IF BTC is safe then i would also consider owning it too but most local transactions will be done w/ gold/silver as mail service may not work when USD collapses or riots stop mail.....

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #440 on: June 20, 2020, 03:15:53 AM »
Quote
“The global economic and monetary situation is dire, due to both the coronavirus and because the credit cycle was already turning down in late-2019. The amount of monetary debasement deployed by central banks in an attempt to save their economies promises to be unprecedented to the point where total monetary destruction will be an increasingly likely outcome.”

https://www.milesfranklin.com/three-strikes-and-we-are-out/

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #441 on: June 20, 2020, 04:18:08 AM »
  :lol:

Quote
.. Gold sucks. A relic from days gone by... when it was currency. Totally obsolete. A toy made by old white men. I think we should go digital. That's the future. If you don't believe it, here's a comparison: Gold Vs. Wirecard


Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #442 on: June 30, 2020, 07:38:22 AM »
jsmineset    Zero Hedge   "83 tons of fake Chinese gold bars..."

Youtube   "Massive precious metal shortage coming in fall"   by Andy Schectman
Youtube rarely works on my computer but this one did.     Like on FOX news, police do not show up....

goldseek   "Gold market update - bull market?"    by Clive Maund


other articles say there is no cure for the virus as it continues to destroy our organs.....

Offline ShareTheNews

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #443 on: June 30, 2020, 09:07:36 AM »
BTC fixes this! It can’t be faked. Only 21 million. Some speculate that each BTC will be worth 300k in a few years. Smart money (macro guys) suggest own 1% of your wealth as insurance - of course gold and silver is good.  But 83 tons of fake gold? Wow!

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #444 on: July 08, 2020, 05:35:39 AM »
1.800,10 usd/oz


Offline tater

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #445 on: July 08, 2020, 12:46:23 PM »
interesting.  To buy or not to buy that is the question?

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #446 on: July 11, 2020, 08:11:38 AM »
Buy!

G News  "Three Gorges Dam";  CCP ignores warning signs, even wants it to collapse.

See photo.   I am no structural engineer but common sense says it could collapse soon.
What will collapse first?   USD or Three Gorges Dam?......

Offline wg

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #447 on: July 24, 2020, 10:14:14 AM »
july 08 .. 1800 usd/oz
july 24 .. 1900 usd/oz

 if this continues we will have 2000 dollars an ounce by mid august  :w00t:







Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #448 on: July 24, 2020, 03:21:12 PM »
If it closes above $1900, it could be at $2000 before end of the month.  Demand for gold bullion is very strong despite record prices. 

Offline pandamonium

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Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #449 on: July 26, 2020, 08:58:06 AM »
Zero Hedge  "I told my wife i'm gonna be a millionaire...millions of unemployed Americans are flooding into the stock market"...

This will end badly for the sheeple herd.    Have never been a sheeple so i just don't get it.    Fake news believers (know many of them too).    However, many articles say gold/silver and the best is Chinese, exponential increases will be on the way....