Posts by lonehawk5

lonehawk5 said:Silver's out at $32.79
Letting the gold sit there and simmer for a bit longer😁

Gold hit $746... unbelievable...

lonehawk5 said:..so I've started buying... both gold and silver😁
Surely I'm not about to flip to the dark side, right?😍

Silver at $32.60
Gold at $734

Silver's out at $32.79
Letting the gold sit there and simmer for a bit longer😁

..so I've started buying... both gold and silver😁
Surely I'm not about to flip to the dark side, right?😍

Silver at $32.60
Gold at $734

Just wrapped up my morning dive.

Anthony Evans78 said:You still don't get it, do you? It’s not about whether paper money disappears entirely—it's about what it'll actually be worth when it does. 🙂

Ha!
So you just *know* exactly what it's going to be worth?
I honestly can't tell how long you've been playing this game, but isn't that a massive stretch?
What exactly happens in your head for 3, 5, 10, or 20 years from now?
Will $1,000 barely buy me a pack of gum at a gas station?
A million bucks just gets me a used bicycle?
A hundred million just buys a tiny studio apartment in NYC?
You're getting way too carried away with gold...
Look, there's nothing wrong with putting some money into gold, but it's crazy when people jump straight to "doomsday scenarios" where gold is the only thing that matters.
We live in a fiat world. And it's staying that way for at least another 20 years...😁
I'm sure of it.
Now why don't YOU tell me exactly what that value will be, since you're such an expert...

ironstag8 said:Sure, they're visible—as long as you have enough power to run a monitor.

And they're easy to swap, provided there's actually someone left willing to take them.

The thing is, both the electricity and those buyers are going to become increasingly scarce.

Ha-ha😛

You're getting ahead of yourself.
I have a feeling it's gonna take a hell of a lot longer for this kind of money—you know, actual paper cash—to completely vanish from circulation.😁

They don't give a damn.
The cash in those accounts is right there for the taking, and honestly, it’s way too easy to wash it into something else (I've got my sources on this😁)...

lonehawk5 said:Looks like I'm about to see my 1 again. $761.00 😁

Maybe I'll actually help those exhausted bulls out this time...

Here we go again...😁
Those bad traders.. dumping gold yet again😍

Looks like I'm about to see my 1 again. $761.00 😁

Maybe I'll actually help those exhausted bulls out this time...

dustyheron5 said:Don't be ridiculous🤣—you're essentially throwing money away by ignoring the unit price😍...and what will you do once two summers pass and you're left staring at zeros?😂

Ha-ha...no, at the pivot points, I write the whole damn amount. Once a number stabilizes (like how that figure above has been sitting over 1k for three years now), there's zero reason to type the first digit (trying to save my keyboard from wearing out 😁). That's how traders handle it, whereas investors do things differently😁
You guys know it too.
Are you kidding me... come on, admit it, colleagues?😁

dustyheron5 said:Man, just add that extra thousand to the price😍........there are some new guys here who think you're playing games with them.......🤣

Whoever came up with that doesn't deserve to even be on this forum...😁

lonehawk5 said:Just dropped $761 on some shares... figured I'd give the bulls a little boost🙂

Closed out at $770😉

It’s easy enough to jump back in if things look right again😁

Just dropped $761 on some shares... figured I'd give the bulls a little boost🙂

dustyheron5 said:Our colleague quiettrucker12 is quite the successful speculator—and when he's riding the death train, he certainly shouldn't be looking down...😁

Nice😁

P.S. No offense intended toward the guy

dustyheron5 said:Don't mind lonehawk5—he's just joking around. He meant to ask how slim the chances are, not how high they are.😁

I just wanted to do it the classy way... 😁Sometimes you just gotta stop looking at the clouds and actually look down at where your feet are hitting the ground...☕

quiettrucker12 said:Here we go again—another perfect opportunity for the Dollar to tank and send gold screaming past $1,800. Either way, things can't stay stuck in this limbo forever; something has to give. Usually, market tops don't look quite like this, so I'd say there's still plenty of room for a move higher.

There's always a chance for a rally😁...the real question is just how big that chance actually is.

$117 million in just three days of screenings.

lonehawk5 said:It’s pretty easy to see things starting to slowly bleed out at this point... but hey... I'm not gonna sit here and play fortune teller😁

Like I said...☕

It’s pretty easy to see things starting to slowly bleed out at this point... but hey... I'm not gonna sit here and play fortune teller😁

dustyheron5 said:Not everyone has the same amount of money; rather, the total volume of debt corresponds to the total level of claims... that is what I was referring to (I agree that physical cash is distributed very unevenly)

The middle class—specifically the less savvy portion of it—is in a very precarious position. I’m hearing that they are shifting away from hedonism toward pure survival and saving... if they can even manage that, given their lack of cash. Beyond that, they are trying to liquidate assets like homes and cars purchased during the market peak. I honestly believe they would drastically scale back the excess of previous years if they even had the option... but they don't. 😉

Regarding the gold price drop from 1900 to 1550, that is accurate, though it sits at 1770 now...
And even in a bull market, stock prices don't move in a straight line. The bottom line is that those who entered metals over the last decade are in the green, while those who went into equities are mostly in the red—at least in the American context; our view from here is a bit more nuanced.

True, but... how many of them actually held onto metals over the last 10 years?
One in a hundred?
One in three hundred?