Gold: Past, Present, and Future

We’re sitting right here at 1709. If things hold steady, we might actually break 1720.

Richard Perez3 said:So I’m actually going back and forth with my husband about this news right now. His big theory? Sell everything immediately and just wait to buy back in when the price drops. Personally? I’m thinking we just hold onto what we’ve got, because I honestly don't see that dip happening.

Anybody else feeling this?

More like buying it more expensive... seriously, go back and read the last five or six pages of this thread.

Richard Perez3 said:It’s not even a complicated situation, really. His whole vibe is just "sell everything right now and try to buy back in later" once (according to the GOP) the market dips. But honestly? I don't see a crash happening—at least not deep enough to make those trades actually worth the hassle. I'd much rather just hold onto what we have. Plus, I don't trust a word those analysts say (especially those GOP types), though I'm definitely not an expert enough to explain exactly why their logic feels so off. Maybe I just can't stand them. 😁

just hang tight for a few more months before you sell

I don't even know where to start with this mess. It’s like nobody’s actually looking at the numbers anymore, just throwing darts at a board and hoping for the best. I was sitting there at the diner this morning, staring at my coffee, thinking about how much easier life would be if people just used some common sense for once. Instead, we get these half-baked ideas being pushed as gospel. Honestly, it’s exhausting. Everyone’s shouting, but nobody’s listening. Just more noise in an already loud world. kaže:
Alright, we’re sitting here at 1709. If things actually start behaving for once, we might just break past 1720.

It’s probably gonna be more expensive, not cheaper... (seriously, can we all just take a second to actually read the last five or six pages of this thread?)"

I read through it, but honestly? I have no clue what's going on. All these spikes, the random abbreviations, the endless stream of numbers... it's just total gibberish to me.😁

My bad, I’m being a bit slow on the uptake here.

I’m saying "cheaper" because look, if we're working under the assumption that we've hit the peak and things are about to tank, the logic is pretty simple: you sell now, then wait to buy back in at a discount later—especially once Goldman Sachs starts making their move.

Am I just doing this wrong? 🤔

It really just boils down to one question: do you actually need that gold for anything right now?
If not, why not just let it sit? In a few years, you’ll likely have much more purchasing power than you do today—and even in a worst-case scenario, you aren't losing ground on what it can actually buy.
If my husband is betting on a massive crash, I’m worried he’s dead wrong and is headed for a nasty burn.

Is it necessary? Honestly, who cares? Why would we even need it? The only thing that actually matters is protecting the kind of love that isn't measured in gold. 😁

That’s exactly my point: unless you need the cash for some sudden emergency, don't trade your gold for paper.
Turn that paper back into gold 🙂

Richard Perez3 said:

I don't even know where to start with this mess. It’s like nobody’s actually looking at the numbers anymore, just throwing darts at a board and hoping for the best. I was sitting there at the diner this morning, staring at my coffee, thinking about how much easier life would be if people just used some common sense for once. Instead, we get these half-baked ideas being pushed as gospel. Honestly, it’s exhausting. Everyone’s shouting, but nobody’s listening. Just more noise in an already loud world. kaže:
Alright, we’re sitting here at 1709. If things actually start behaving for once, we might just break past 1720.

It’s probably gonna be more expensive, not cheaper... (seriously, can we all just take a second to actually read the last five or six pages of this thread?)"

I read through it, but honestly? I have no clue what's going on. All these spikes, the random abbreviations, the endless stream of numbers... it's just total gibberish to me.😁

My bad, I’m being a bit slow on the uptake here.

I’m saying "cheaper" because look, if we're working under the assumption that we've hit the peak and things are about to tank, the logic is pretty simple: you sell now, then wait to buy back in at a discount later—especially once Goldman Sachs starts making their move.

Am I just doing this wrong? 🤔

Look, I try to keep my posts as simple as possible. My goal is to help people time their buys and potentially sell during major corrections—assuming everything plays out normally, we're looking at somewhere around 2014 or 2015. Right now, it's time to buy, not sell.

Man, the way you break this stuff down is killer. I just wish I actually understood the fundamentals myself instead of basically being treated like a toddler by my financial advisors. They just hover over me like, "hey, buy this now" or "nope, don't touch anything yet." 😬

Silver at $32.91... adding more to my position

Usually, this kind of weakness right before an FOMC meeting is actually a good sign.

Article link: http://bloomberg.com/news/goldman-sachs-predicts-gold-prices-will-plummet

This thread hasn't seen anything fresh in about two years. We’ve got some guy tossing out mediocre forecasts, while Charles is out there successfully day trading—I have to hand it to him, because these gold speculators are just so painfully predictable. To be honest, I usually call the entry and exit points correctly in my head before anyone else even blinks. Then you have a few people posting just to hear themselves talk, and this one particular user who has been parroting the same lines for two years straight: that gold is the only real money and its ounce count is fixed, so the price can't drop. It's like listening to a broken record.

Is there going to be any actual refreshment here anytime soon?

Tom Jones - All That Glitters Isn't Gold
😍

neondriver5 said:This thread hasn't seen anything fresh in about two years. We’ve got some guy tossing out mediocre forecasts, while Charles is out there successfully day trading—I have to hand it to him, because these gold speculators are just so painfully predictable. To be honest, I usually call the entry and exit points correctly in my head before anyone else even blinks. Then you have a few people posting just to hear themselves talk, and this one particular user who has been parroting the same lines for two years straight: that gold is the only real money and its ounce count is fixed, so the price can't drop. It's like listening to a broken record.

Is there going to be any actual refreshment here anytime soon?

Even when masimo1 tried to come back, certain forum members chased him off (though I really hope he returns). Mizuzul drops in occasionally, and I haven't seen "indijanca" around lately either..

neondriver5 said:This thread hasn't seen anything fresh in about two years. We’ve got some guy tossing out mediocre forecasts, while Charles is out there successfully day trading—I have to hand it to him, because these gold speculators are just so painfully predictable. To be honest, I usually call the entry and exit points correctly in my head before anyone else even blinks. Then you have a few people posting just to hear themselves talk, and this one particular user who has been parroting the same lines for two years straight: that gold is the only real money and its ounce count is fixed, so the price can't drop. It's like listening to a broken record.

Is there going to be any actual refreshment here anytime soon?

And what exactly is wrong with that? We aren't talking about the market price here—we're talking about preserved value.

Honestly, this is one of the biggest loads of nonsense in this entire thread. People keep talking about "preserved value." Preserved value of what? If that "value" has to be converted back into paper currency just for it to mean anything, then what's the point? What can you actually do with that value if it’s just sitting there under a mattress? How is it even useful?

Value, my foot. Its value fluctuates on the stock market every single day. Even if it used to represent something tangible, today it has absolutely nothing to do with any kind of real-world worth.

I’m genuinely curious: how many people holding physical gold—or especially those holding paper gold—would actually keep it if its loyalty started dropping by 10%, then 20%, then 30%, then 40%, until it finally tanked to 90% of its current value?
Just a little thought on this so-called "value."

neondriver5 said:This thread hasn't seen anything fresh in about two years. We’ve got some guy tossing out mediocre forecasts, while Charles is out there successfully day trading—I have to hand it to him, because these gold speculators are just so painfully predictable. To be honest, I usually call the entry and exit points correctly in my head before anyone else even blinks. Then you have a few people posting just to hear themselves talk, and this one particular user who has been parroting the same lines for two years straight: that gold is the only real money and its ounce count is fixed, so the price can't drop. It's like listening to a broken record.

Is there going to be any actual refreshment here anytime soon?

For instance, nobody talks about the miners, even though they’re easily the most interesting part of this whole thing. You could write something about them, but why bother? It's much easier to just drop a critical post without adding anything useful to the conversation.

By the way, those 2014/2015 figures aren't mid-range forecasts; everything is relative, so even those can turn into short-term data before you know it. Lately, looking at comments like these, I'm starting to feel like posting here is just a massive waste of time, especially once you factor in the input from Silver Argentum and M. Kovac.🙄

quiettrucker12 said:For instance, nobody talks about the miners, even though they’re easily the most interesting part of this whole thing. You could write something about them, but why bother? It's much easier to just drop a critical post without adding anything useful to the conversation.

By the way, those 2014/2015 figures aren't mid-range forecasts; everything is relative, so even those can turn into short-term data before you know it. Lately, looking at comments like these, I'm starting to feel like posting here is just a massive waste of time, especially once you factor in the input from Silver Argentum and M. Kovac.🙄

No need for all that, man.
Look, your posts can get a bit pretentious sometimes—trying to map out every single price movement or acting like the dollar's slow decline is some sudden apocalypse rather than a long-term grind. But even so, I still find your takes valuable. Even if we don't agree, having a different perspective serves as a solid reality check for our own ideas. 👍

Besides, that’s not really why people use forums anyway—to hunt for "the" idea or "the" solution. At least I hope nobody is actually pulling the trigger on trades based on what we say here. 😉

vividgull10 said:No need for all that, man.
Look, your posts can get a bit pretentious sometimes—trying to map out every single price movement or acting like the dollar's slow decline is some sudden apocalypse rather than a long-term grind. But even so, I still find your takes valuable. Even if we don't agree, having a different perspective serves as a solid reality check for our own ideas. 👍

Besides, that’s not really why people use forums anyway—to hunt for "the" idea or "the" solution. At least I hope nobody is actually pulling the trigger on trades based on what we say here. 😉

Look, in my view, that peak at 84 on the Dollar Index was crucial for understanding the whole picture. Back in the spring, when everyone was panicking about the "collapse of the USD," I already wrote that the Dollar would basically just sit there until summer (not that I’m going digging for the post right now).

You can't really grasp a gold bull run without seeing the bigger picture, which is almost entirely driven by currency fluctuations.

When it comes to the Dollar, there are basically two schools of thought here. First, you've got the Silver crowd, who have been shouting "the Dollar is dead" since the dawn of time.

Then there's your approach, which sounds to me like you think trying to actually understand the game is somehow sacrilegious.

You know exactly what I mean by "the abyss"—it's that "thin air" feeling Americans talk about when there aren't any major support or resistance levels in sight.

For me, a drop from 84 down to, say, 78 in just a few months is massive—just as significant as a drop from 84 to 73 over a year and a half—especially if it happens while news outlets are screaming that the USD is on its last legs.

I'm just defending myself against what I see as pointless criticism. I'm not interested in walking on eggshells with every word, like using "abyss." I've said it before and I'll say it again: the relationship between the USD and other currencies is cyclical. The boundaries of this "playground" are pretty clearly defined; we generally know the limits of how high or low the DXY can swing.

vividgull10 said:No need for all that, man.
Look, your posts can get a bit pretentious sometimes—trying to map out every single price movement or acting like the dollar's slow decline is some sudden apocalypse rather than a long-term grind. But even so, I still find your takes valuable. Even if we don't agree, having a different perspective serves as a solid reality check for our own ideas. 👍

Besides, that’s not really why people use forums anyway—to hunt for "the" idea or "the" solution. At least I hope nobody is actually pulling the trigger on trades based on what we say here. 😉

True enough. But you seem to have this weird compulsion to nitpick how I write, while I don't bother touching yours (honestly, the only thing I consistently call out here is the constant "zero-effort" posts).