Posts by Ethan Barrett7

Anthony Evans78 said:Don't feed the troll.
You aren't going to get a single logical response out of them anyway.

And what's an actual argument to you? Just whatever someone repeats ten times until you swallow it...
Go watch movies like The Shock Doctrine or Catastrophic and you'll see how it's all just some conspiracy by the elites.
Same goes for precious metals.

Melissa Sanchez17 said:And who exactly is this "everyone" you're talking about?

Everyone—the masses—but more specifically, they're the ones who run for the hills the second things get real at the local Farmer's Market...

When "everyone" starts piling into an investment, that's your cue to sell and get the hell out...

Anthony Evans78 said:Could you try being a bit more specific?

My point is, don't wait for the absolute top or bottom. It’s nearly impossible to time perfectly when emotions are running high. Plus, regarding gold and silver, you might want to look closer at Graham and his theories...

Anthony Evans78 said:Wrong.
If we don't want to keep repeating ourselves, the goldbugs here should go back and read our old posts.
Maybe you'll actually learn something.

Glad you think you'll bail once things finally hit the fan. You're never gonna catch the end of it, even if it looks tempting...

Anthony Evans78 said:The issue isn't even about the price; it's about whether anyone actually trusts fiat currency anymore.
We're talking about physical gold here, not some paper derivative.
And I'm curious, what does my age have to do with anything? Since when did getting older make me naive?
Sit down and take a seat.

Same thing happened with stocks, real estate, and everything else.
Just another way to get fleeced...

Amy Sanchez2 said:Look, I hate to be the one to burst your bubble here, but I honestly have to disagree with you on this one because $650 is roughly $760 in our currency, and if you actually look at the numbers, the average cost for a mining company to pull a single ounce out of the ground is sitting somewhere between $600 and $800, and that's not even touching on the overhead like employee wages, profit margins, or Uncle Sam's tax cut, so what you're basically suggesting is that these massive mining corporations are going to start selling their gold at a massive loss just for the fun of it, which... yeah, doesn't seem very realistic to me.

Everything in this world is rigged, including gold. Once the big players decide a price is too high (or too low), the panic starts. It's how it works, but maybe you're just too young to see it yet...

Anthony Evans78 said:You’re talking about an era when the USA didn't have even a fraction of the debt it carries today.
Back when we actually had export surpluses.
When interest rates could jump to 15% without anyone blinking, thanks to those two factors alone.
Back when Chinese buyers and the rest of the world weren't allowed—or able—to hoard gold.
When the economic landscape was much healthier.
When Western central banks held way more gold than they do now.
Back when all the gold mined during the year actually hit the open market (unlike today, where major producers like Russia and China won't let a single gram leave their state vaults).

I suppose you think all of that is just a reason for gold to crash to $600.
Maybe so, if the dollar undergoes a massive devaluation similar to what happened with the lira in old Italy. 😂

Everything in this world is part of some conspiracy, including gold. Once the power players decide a price is too high (or too low), the stampede starts. It's true for everything, but maybe you're just too young and naive to see it...)

ironstag8 said:Just tell me one thing: where exactly do you see someone like Paul Volcker operating in the US today? And even better, where do you see an economic landscape remotely similar to what we faced back then? Are you seriously suggesting the US is in the same boat it was in the 80s? You have to consider the scale—think about how many players were driving that bull market in the 70s and 80s compared to the actual number of participants moving the needle right now.

Everything in this world is rigged, including gold. When the big power players decide a price is too high—or too low—that's when the stampede starts. It works that way with everything, but maybe you're just too young and naive to get it...

Melissa Sanchez17 said:ha ha. Man, you actually cracked me up. Way more than this troll ever could. And just a heads up—it's 600 dollars, not euros.

It’s not a prediction. We saw this exact thing back in the 80s.
But people are just sheep waiting to be sheared. History repeats itself...

lonehawk5 said:🤣🤣🤣
What a garbage prediction. Seriously, why even troll like this?

It’s not a prediction. We saw this exact thing back in the 80s.
But sheep are just waiting to be sheared...

My bet is gold heats up one last time before crashing down toward $650 an ounce...