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Gold: Past, Present, and Future

Started by Melissa Sanchez17 · · 👁 232 views · 3K replies

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Participants Melissa Sanchez17dustyheron5quiettrucker12Anthony Evans78Sean Carteranalogharbor44feralpuma12ironstag8Amanda Carter7lonehawk5briskjackal5Andrew Barrett4Dennis Fisher5granitegull51Zachary Mendoza2Christian Miller14neondriver5George Sullivan902nimblepanther18Jerry Wright6Patrick Moore3wearygull4Taylor Robinson51wearyotter36 …
Ashley Martin2 Ashley Martin2 Newcomer
5 messages
joined Aug 2015
#1881 ·
What happens if these modern-day "alchemists" actually pull off making industrial gold? Is there any sign we’re getting close to a breakthrough? I mean, we already see lab-grown diamonds and pearls being mass-produced everywhere.
Anthony Evans78 Anthony Evans78 Regular
371 messages
joined Feb 2019
#1882 ·
Ashley Martin2 said:What happens if these modern-day "alchemists" actually pull off making industrial gold? Is there any sign we’re getting close to a breakthrough? I mean, we already see lab-grown diamonds and pearls being mass-produced everywhere.

They won't. 🙂
There isn't a single hint that anyone can actually "transmute" gold from some other element.
Walter Barrett8 Walter Barrett8 Member
26 messages
joined May 2012
#1883 ·
Ashley Martin2 said:What happens if these modern-day "alchemists" actually pull off making industrial gold? Is there any sign we’re getting close to a breakthrough? I mean, we already see lab-grown diamonds and pearls being mass-produced everywhere.

It’s a matter of fundamental structure. Pearls are just a combination of calcium carbonate and proteins. Diamonds are minerals—specifically, an allotropic modification of carbon where the atoms are arranged in a lattice. That's why they can be manufactured. But trying to synthesize a gold atom or molecule? Theoretically, sure, you could do it, but you’d need conditions mirroring the core of Sun City.
Ashley Martin2 Ashley Martin2 Newcomer
5 messages
joined Aug 2015
#1884 ·
hmmm... I’m calling BS on all of this. If those folks over at NASA actually managed to recreate conditions similar to the Big Bang, who knows where this leads? We might end up with some weird byproduct from their experiments—maybe gold, or something even better than gold that's somehow cheaper to make. If that happens, the value of gold just tanks. Look at what happened to silver once people started mass-producing nickel-silver alloys and industrial substitutes...🤷
Anthony Evans78 Anthony Evans78 Regular
371 messages
joined Feb 2019
#1885 ·
People have been trying to find a substitute for gold for thousands of years, and they’re still failing.
Silver hasn't lost its edge; if anything, it's gained value. As for nickel silver, that's just cheap nickel plated with silver used for making walking canes and nothing more.
When you look at those hundreds of industrial and medical applications, there simply isn't a replacement for silver right now.
Gregory Wells5 Gregory Wells5 Member
14 messages
joined Mar 2019
#1886 ·
Between the work being done at CERN and the gold production itself, there’s also the matter of the massive amount of bullion that just gets wrapped up in cellophane...
Melissa Sanchez17 Melissa Sanchez17 RegularOP
359 messages
joined Feb 2019
#1887 ·
Ashley Martin2 said:hmmm... I’m calling BS on all of this. If those folks over at NASA actually managed to recreate conditions similar to the Big Bang, who knows where this leads? We might end up with some weird byproduct from their experiments—maybe gold, or something even better than gold that's somehow cheaper to make. If that happens, the value of gold just tanks. Look at what happened to silver once people started mass-producing nickel-silver alloys and industrial substitutes...🤷

Of course it's sketchy. 😉

http://www.silverinstitute.org/site/...rialdemand.pdf

Generally speaking,

http://www.silverinstitute.org/site/
Walter Barrett8 Walter Barrett8 Member
26 messages
joined May 2012
#1888 ·
Ashley Martin2 said:hmmm... I’m calling BS on all of this. If those folks over at NASA actually managed to recreate conditions similar to the Big Bang, who knows where this leads? We might end up with some weird byproduct from their experiments—maybe gold, or something even better than gold that's somehow cheaper to make. If that happens, the value of gold just tanks. Look at what happened to silver once people started mass-producing nickel-silver alloys and industrial substitutes...🤷

We can't truly know what they've cooked up at NASA. At the end of the day, you're just left choosing whether to buy into the narrative or dismiss it entirely. Just look at how people reacted to certain metal alloys years ago; they were the big trend for a minute, and now? They're practically worthless...
Andrew Barrett4 Andrew Barrett4 Active Member
163 messages
joined Jan 2018
#1889 ·
Walter Barrett8 said:I’d argue there is one: knowledge.

It’s the only thing nobody can strip away from you. It improves your quality of life regardless of how you play it:
- You can liquidate it.
- You can apply it more effectively or pass it on to those who actually value it, which leaves you feeling fulfilled and useful.
- You can exist outside the "system." When you actually understand how things work, you’re never truly helpless—you don't even need the system anymore.
- Through a broader understanding of context, you can finally grasp what's actually happening and wake up. That’s how you actually become a functioning human being and truly live out your potential.

What I was originally getting at is that we shouldn't view gold as just some new bubble or a specific investment class. If the entire global structure has been built over millennia on the idea that a tiny elite holds the wealth because the masses don't, then we are approaching the endgame. For the first time in history, we have the technology—military, financial, religious—to actually bring that game to its conclusion. Since finance is essentially a component of power, gold and silver, as true money, aren't just an "asset class" anymore; they represent the currency of a truly free, new world, assuming we ever reach that stage. If we don't, well, we'll just be left with barcodes and "-2 credits" for every damn mistake we make, and that'll be that...

P.S. You really ought to walk away from all those stocks, bonds, derivatives, and logarithms... it's all just a game designed by the giants. It’s their mechanism for transferring energy—or "wealth"—so it's incredibly naive to think that regular people can consistently thrive within their rules over the long haul.

P.S. You probably ought to just walk away from all those stocks, bonds, derivatives, and logarithms... it feels like a game designed by the elite, a mechanism they built to transfer energy—or "wealth"—so it seems a bit naive to think regular folks can find long-term prosperity within it.

Since knowledge eventually turns back into money anyway, I guess what's your actual point here? What are you suggesting we do with this perspective?
lonehawk5 lonehawk5 Active Member
161 messages
joined Oct 2012
#1890 ·
lonehawk5 said:Long gold at $715... man, I'm telling you, this thing is going to fly...
Long silver at $33.44... let's go!

Adding more...
gold at $691.67... just did it on my phone... limit order... I'm winning here😁
silver at $32.86... same thing... already locked it in this morning...
quiettrucker12 quiettrucker12 Regular
375 messages
joined Sep 2004
#1891 ·
We’re getting incredibly close to $32.50... looks like a prime chance for the bottom today. It would be nice to see gold close above the 100 DMA (above $1697) for once.
neondriver5 neondriver5 Active Member
116 messages
joined May 2017
#1892 ·
I suspect we won't see much more of a dip anytime soon, so if you're looking to buy, now might actually be the sweet spot.
Between the physical market shifts and those aggressive speculators driving things up, 😁
Walter Barrett8 Walter Barrett8 Member
26 messages
joined May 2012
#1893 ·
Andrew Barrett4 said:
P.S. You probably ought to just walk away from all those stocks, bonds, derivatives, and logarithms... it feels like a game designed by the elite, a mechanism they built to transfer energy—or "wealth"—so it seems a bit naive to think regular folks can find long-term prosperity within it.

Since knowledge eventually turns back into money anyway, I guess what's your actual point here? What are you suggesting we do with this perspective?

For those people who seem to think money is the only metric that matters, I’ve got a suggestion: stop chasing the dollar and start investing in what actually drives it. Put that $150 into some actual knowledge instead. It's a better play. $0.00 Nobody can take that away from you. It’s yours for life. You can't lose it once it's settled. And look, if you aren't afraid of putting in the hours, you'll eventually land something—probably something paying better than any dead-end gig you could find without that degree.
Sure, provided you're actually putting in the work to learn. It’s one thing to chase a piece of paper just to check a box, but that's not the same as actually gaining any real knowledge.
Andrew Barrett4 Andrew Barrett4 Active Member
163 messages
joined Jan 2018
#1894 ·
Walter Barrett8 said:For those people who seem to think money is the only metric that matters, I’ve got a suggestion: stop chasing the dollar and start investing in what actually drives it. Put that $150 into some actual knowledge instead. It's a better play. $0.00 Nobody can take that away from you. It’s yours for life. You can't lose it once it's settled. And look, if you aren't afraid of putting in the hours, you'll eventually land something—probably something paying better than any dead-end gig you could find without that degree.
Sure, provided you're actually putting in the work to learn. It’s one thing to chase a piece of paper just to check a box, but that's not the same as actually gaining any real knowledge.

?

I did my initial studies back home in the States. After moving here, since finding decent work in a small town was basically impossible, I went after one of those high-demand vocational programs that practically guarantees a job placement. So, I already have two completely different career paths under my belt.

And now you're suggesting that at 38, I should just head right back to a classroom?

Ever heard of being 'overeducated'?
It’s that specific frustration when you have more skills than the market is willing to pay for.

Don't get me wrong, I mostly agree with the idea of investing in oneself. But at some point, that phase of life ends and moves into building.

At this stage of my life, personal growth and development mostly boil down to reading, reflecting, doing some financial planning, and making sure what I've already built doesn't just evaporate.
Walter Barrett8 Walter Barrett8 Member
26 messages
joined May 2012
#1895 ·
Andrew Barrett4 said:?

I did my initial studies back home in the States. After moving here, since finding decent work in a small town was basically impossible, I went after one of those high-demand vocational programs that practically guarantees a job placement. So, I already have two completely different career paths under my belt.

And now you're suggesting that at 38, I should just head right back to a classroom?

Ever heard of being 'overeducated'?
It’s that specific frustration when you have more skills than the market is willing to pay for.

Don't get me wrong, I mostly agree with the idea of investing in oneself. But at some point, that phase of life ends and moves into building.

At this stage of my life, personal growth and development mostly boil down to reading, reflecting, doing some financial planning, and making sure what I've already built doesn't just evaporate.

There's a difference between schooling and an education.
Right now, you're investing time in your education by learning about gold; if it actually turns out to be a solid investment, we could argue that buying gold is really just a derivative of educating yourself about money. 🙂

You could also buy a little plot of land, put in the hours to learn how to grow vegetables, plant some fruit trees, and rediscover that old-school connection between knowledge and the soil. You’d end up eating high-quality, homegrown produce where you know exactly where it came from—especially if you source your seeds from some local farmer who’s been preserving them for generations.
Andrew Barrett4 Andrew Barrett4 Active Member
163 messages
joined Jan 2018
#1896 ·
I’ve got some land, and I’m slowly adding more to it. A few years back, I took a permaculture course at a local open-access farm. Now, I’m going on my second year of messing around with beekeeping—essentially, I’ve got the degree and a handful of hives to show for it. It’s just a useful hobby, I guess. click

Beyond that, I hold other types of real estate, some private equity, and various securities. There are plenty of folks on this forum, at least in this sub-section, who seem to have a similar setup.

The biggest issue here isn't actually what you said, but rather the fact that you jumped into this conversation with such a heavy bias.

Sorry for the tangent.
quiettrucker12 quiettrucker12 Regular
375 messages
joined Sep 2004
#1897 ·
Walter Barrett8 said:There's a difference between schooling and an education.
Right now, you're investing time in your education by learning about gold; if it actually turns out to be a solid investment, we could argue that buying gold is really just a derivative of educating yourself about money. 🙂

You could also buy a little plot of land, put in the hours to learn how to grow vegetables, plant some fruit trees, and rediscover that old-school connection between knowledge and the soil. You’d end up eating high-quality, homegrown produce where you know exactly where it came from—especially if you source your seeds from some local farmer who’s been preserving them for generations.

It’s always fascinated me how people struggle to make ends meet in big cities when there are so many ways to forage or sustain yourself—gardens, mushrooms, chestnuts... you name it.

Look, honey, it hasn't even broken $100 yet.

We might see a small dip down to a weekly average of $75, which is what halted the slide back on November 5th. If that happens overnight, we're looking at roughly $1,683.
lonehawk5 lonehawk5 Active Member
161 messages
joined Oct 2012
#1898 ·
lonehawk5 said:Adding more...
gold at $691.67... just did it on my phone... limit order... I'm winning here😁
silver at $32.86... same thing... already locked it in this morning...

Just finished buying up more..

gold..702.47$
silver..33.08$
vividgull10 vividgull10 Active Member
133 messages
joined Oct 2018
#1899 ·
Andrew Barrett4 said:?

I did my initial studies back home in the States. After moving here, since finding decent work in a small town was basically impossible, I went after one of those high-demand vocational programs that practically guarantees a job placement. So, I already have two completely different career paths under my belt.

And now you're suggesting that at 38, I should just head right back to a classroom?

Ever heard of being 'overeducated'?
It’s that specific frustration when you have more skills than the market is willing to pay for.

Don't get me wrong, I mostly agree with the idea of investing in oneself. But at some point, that phase of life ends and moves into building.

At this stage of my life, personal growth and development mostly boil down to reading, reflecting, doing some financial planning, and making sure what I've already built doesn't just evaporate.

I've never really understood what that's supposed to mean.
Despite everything I've learned and the skills I've picked up, the whole concept of being "overeducated" is total nonsense—it's practically a Marxist relic of the labor theory of value (the idea that a chair is worth whatever amount of man-hours went into it, which is garbage).
In reality, everyone on the market is just miseducated (depending on the context of time and place, obviously).
Melissa Sanchez17 Melissa Sanchez17 RegularOP
359 messages
joined Feb 2019
#1900 ·
Is there any actual truth to the rumor that the Federal Reserve is gonna double down on the money printing starting next Wednesday? Word on the street is they might swap out the current twist operation for something similar? 🤷

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