Author Topic: Why Gold will be flat or GO DOWN!!!!!  (Read 172080 times)

0 Members and 2 Guests are viewing this topic.

Offline jedi2832

  • Trade Count: (+1)
  • Newbie
  • *
  • Posts: 49
  • Karma: 5
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #450 on: July 27, 2020, 12:46:19 PM »
what do you guys think. is gold going pass 2k. or it will hit a resistance?

Offline wg

  • Trade Count: (+1)
  • Hero Member
  • *****
  • Posts: 991
  • Karma: 72
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #451 on: August 17, 2020, 03:14:35 AM »
Quote
With a 26 trillion dollar debt, if rates were to go up to 10%, it would take 75% of tax revenues just to service the debt. And it's getting worse every day.

https://www.youtube.com/watch?v=px-CN6z8DEY


Offline GuyMc

  • Supporter
  • Trade Count: (0)
  • Jr. Member
  • **
  • Posts: 57
  • Karma: 7
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #452 on: August 17, 2020, 09:52:30 AM »
Made public that Warren Buffett's Berkshire Hathaway invested in Barrick Gold. Buffett and Munger usually negative on gold.

Offline jedi2832

  • Trade Count: (+1)
  • Newbie
  • *
  • Posts: 49
  • Karma: 5
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #453 on: August 17, 2020, 10:29:25 AM »
yah. i read about that. he is betting on gold production.

Offline wg

  • Trade Count: (+1)
  • Hero Member
  • *****
  • Posts: 991
  • Karma: 72
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #454 on: August 31, 2020, 05:03:59 AM »
 
Quote
"The whole aim of practical politics is to keep the populace alarmed -- and thus clamorous to be led to safety -- by menacing it with an endless series of hobgoblins, all of them imaginary." H.L. Mencken

https://goldswitzerland.com/covid-19-a-hobgoblin/


Offline Pandora

  • Supporter
  • Trade Count: (0)
  • Sr. Member
  • ****
  • Posts: 735
  • Karma: 13
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #455 on: September 26, 2020, 06:29:46 PM »
I think gold bottomed or will bottom early this week. Next stop 2200+.

Cheers!

Offline KeyDate1/2ozPandas

  • Supporter
  • Trade Count: (+16)
  • Hero Member
  • *****
  • Posts: 1297
  • Karma: 225
  • Gender: Male
    • China Mint Coins, LLC
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #456 on: September 26, 2020, 11:48:13 PM »
I am thinking the same thing, bought a bunch of gold on Thursday and Friday.   Also bought a bunch at $2050, so who knows.   $1900-$2000 it was hard to buy, nobody wanted to sell, below $1900 many sellers, above $2000 many sellers.   

Offline pandamonium

  • Supporter
  • Trade Count: (0)
  • Hero Member
  • *****
  • Posts: 3025
  • Karma: 62
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #457 on: November 26, 2020, 05:48:43 PM »
Kitco   "Harry Dent; Stocks to crash 40% by April......"       maybe a lot sooner......

Offline wg

  • Trade Count: (+1)
  • Hero Member
  • *****
  • Posts: 991
  • Karma: 72
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #458 on: December 08, 2020, 11:03:42 AM »
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://www.forbes.com/sites/billybambrough/2020/12/05/forget-google-could-china-be-about-to-destroy-bitcoin/?sh=540176b77d66


Offline Clark Smith

  • Supporter
  • Trade Count: (+6)
  • Sr. Member
  • ****
  • Posts: 409
  • Karma: 15
  • See our coins at www.coinvault.com
    • Clark Smith
Re: Why Gold will be flat or GO DOWN!!!!!
« Reply #459 on: December 08, 2020, 12:10:07 PM »
     Of course bitcoin can be seized, just like anything else.   Also what if bitcoin were stolen and then somebody paid you with stolen bitcoin?    All bitcoin transaction histories are recorded (block chain) and "they" can track you down with that history (block chain records where it went and where it came from at all times).    Imaginary money that is tracked.

     oops, "they" gotcha:

    US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1bn.
    news.bitcoin.com

    Dec 05, 2020 · The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency.
   


   Oooppss again:   Look for "bitcoin tracked" on google:

 Leaked FBI Docs Show Just How Easily They Track Bitcoin.
Fbi tracking Bitcoin WOW! The reality revealed

 (don't tell the bad guys this)

The seizure had an unforeseen side-effect: It made the FBI the holder of the world’s biggest Bitcoin wallet.