Gold: Past, Present, and Future
in Other Investment Types ·
Anthony Evans78 said:Still haven't realized I'm not playing games with this paperwork? 🙂
So you selling silver for anything other than paper? 🤣
146 posts shown.
Anthony Evans78 said:Still haven't realized I'm not playing games with this paperwork? 🙂
Anthony Evans78 said:So you can set the clock for 2:30 PM and just wait to short everything once the NYSE opens at 8:30 AM EST.
Great.
lonehawk5 said:Just grabbed some more silver at $32.80. A bit risky, I know, but...
Still waiting on gold to move...
analogharbor44 said:Hey everyone! Just checking in to say hi! Hope you're all having an awesome day! kaže:
That guy's a total clown. I'm just gonna ignore him and let him crunch those numbers until he's blue in the face! 😁
Look, the guy isn't an idiot. What kind of insult is that even supposed to be??? I definitely don't want to be lumped in with you. He isn't just throwing out random numbers; he's posting his actual trades. I was honestly just curious about his reasoning! That's all.
quiettrucker12 said:Take a look at my previous posts. I've mentioned the minimum target (100 dma) several times, along with this backup 75 wma (which only came within about $2 of the goal). Obviously, nothing's been confirmed yet.
quiettrucker12 said:Correction's over. Bottom hit at $1685.
quiettrucker12 said:An Ego Trip is one thing, but being an emotional trader is a whole different animal.
quiettrucker12 said:You're joking, right? Like Charles is some kind of emotionless machine? It’s actually useful to have things written down here so you can track your own headspace—it’s basically a journal... and it might even help someone else out.
analogharbor44 said:What does gold, history, and the future have to do with your trading? Seriously! 😕
Why even call for the mods? Honestly, I don't think your posts even belong in this thread!
Melissa Sanchez17 said:Not really, though. Gold is probably going to deflate once this bull market finally burns itself out... or maybe it'll even become part of some new monetary system 🤷. Just look at the gold charts from the last 30 years compared to the last 10.
Look, I work in tech, and I'm constantly—honestly, practically every single day—learning something new or brushing up on old skills. There's that old saying about how you never stop learning as long as you're breathing 😉
Walter Barrett8 said:Since we were diving into gold as an investment vehicle—or just a way to squirrel away savings—I’ve been looking at it from a specific angle. Think about it this way: when you commit capital to gold, you aren't just spending money; you're incurring an opportunity cost by choosing not to invest that same cash into gaining specialized knowledge or other assets. You buy a certain amount, say at one price point, and then you're stuck playing the waiting game until you can find someone to take it off your hands. $383 You go out and buy some gold coins, thinking you've got a solid hedge, but then reality hits when you actually try to liquidate. It’s not like walking into a Starbucks and trading cash for a latte. Unless you have a private jeweler or a regular contact who deals in bullion, you’re stuck heading down to a precious metals buyer or a pawn shop. And once you’re standing there, facing those predatory buyback rates... well, you quickly realize how much they're going to squeeze you. $233 He really ought to be happy.
Gold and knowledge are both long-term plays. They’re both high-demand assets, and honestly, they can both be a pain to actually liquidate when you need them most. But if you look at the long game, they should theoretically yield the same kind of masterful returns. There is just one massive distinction: you can lose physical gold. You can have it stolen, lost, or wiped out in some market catastrophe. Knowledge? That stays with you. It's portable, untouchable, and permanent. I think that pretty much sums it up. 🙂
Anthony Evans78 said:It’s nice to see there are still people left in this country who actually care about real values.
Knowledge is one of those things nobody can take away from you—unless they manage to brainwash you first—but I suppose having some decent material possessions doesn't hurt either... provided you take care of them, of course. 🙂
Walter Barrett8 said:It wasn't a prejudice; it was just a statement of fact:
Gold isn't "safe" because right now—just like at the end of a bull market or in the middle of a refugee trek—someone can simply take it from you. So, "safety" exists in water or inflation, though you might end up with nothing to show for it. The only thing you truly can't be stripped of is knowledge. That is almost always liquid or useful, and you can't really have too much of it if you're learning for your own sake. You can only have "too much" in a formal sense—like having a PhD and being stuck with a low starting salary where nobody wants to hire you to clean WCs—but then again, someone in that class shouldn't be looking for those kinds of jobs anyway.
Kudos on the other pursuits.
Who knows? Word is that according to the May calendar, the FED's contract or schedule expires sometime soon...
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.
Anthony Evans78 said:The Germans had their noses broken twice back in '43 (Stalingrad and Kursk), but it wasn't until the spring of '45 that Berlin actually fell.
The Dollar is following the same pattern.
More and more countries are ditching the Dollar for their trade deals (China and Germany, China and Russia, China and Brazil, China and Australia, China and Japan, China and Chile, China and UAE, India and Japan, Iran and Russia...).
Notice how many times I wrote "China"? 🙂
Do you really think reserve currency status vanishes overnight?
I guess today is an educational day... here, have some reading material to chew on.🙂 :
http://theeconomiccollapseblog.com/a...he-dollar-dies
Andrew Barrett4 said:🤦
The sheer volume of news out there is so massive that anyone can find themselves reflected in one of these extremes. Or maybe somewhere in the middle, depending on how you see things.
Personally, I find this constant finger-pointing at others just because they choose to manage their OWN assets differently to be pretty foolish—and honestly, a bit narrow-minded.
quiettrucker12 said:Take a look back at my post from September 20, 2011. I wrote then that it would take a long time for gold to hit 1,900 again. Well, it's been nearly 14 months since then, and we finally hit that 1,900 mark.
The Dollar isn't going to vanish this afternoon or tomorrow. Instead, we're entering a period of gradual devaluation. Back in the spring, when everyone thought the Euro was dying, I wrote that the Dollar would hold its crown until maybe summer, but warned that a shift was coming.
dustyheron5 said:Sure🤣.....he’s about as neutral as Donald Trump after the election results come in......😂
Patrick Moore3 said:There isn't one. Gold is hitting $2000 for sure. It's just a matter of whether it happens in 3 months, 3 years, or 30 years. Once the fundamentals shift, my stance shifts...
My bad, I wasn't quoting you verbatim, just paraphrasing what was in my head...
Fine, let's put it in writing then... 83+, a Wall Street meltdown, and gold under $1630!
By when? Spring 2013 at the latest.
Now we just wait for 🙂