Gold: Past, Present, and Future

A solid breakdown on why gold isn't headed for a bear market anytime soon...

http://kingworldnews.com/kingworldne...ate_Price.html

The Bull market in bonds "will never run out of breath"
A bear market in bonds is inevitable...

It starts gradually—then all at once.......
😁
http://www.businessinsider.com/art-c...flation-2013-2

Sure, once PM starts climbing and oil and other commodities start heating up, the average Joe begins thinking about shifting his cash into those assets. Then, suddenly, when ten to twenty percent of the population follows suit, prices skyrocket. Everyone else is left holding a handful of paper that’s suddenly worth about ten percent of what a barrel of oil, an ounce of gold, or even a chicken would have bought them just a few days prior.

Keep dreaming if you think we’re heading for hyperinflation like they had in Zimbabwe or old Germany! 😂

Vladimir Putin turns crude into cash
http://www.wealthwire.com/news/metals/4531

analogharbor44 As specified by analogharbor44:
Go ahead and keep deluding yourselves—thinking we’re headed for hyperinflation like they saw in Zimbabwe or old Germany. 😂

Personally, I don't delude myself.🤣I’m staying grounded here—unlike you, I actually realize that I lost roughly 20% of my purchasing power within the portfolio I’ve been holding since last year. You still haven't quite grasped that reality—you're essentially deluding yourself into thinking your money holds its value just because the official inflation rate sits at 4.3%. 😂

dustyheron5 said:It starts gradually—then all at once.......
😁
http://www.businessinsider.com/art-c...flation-2013-2

M2 money velocity is still tanking. 🤔

hollowmoose21 said:M2 money velocity is still tanking. 🤔

That’s the current reality—but my point was that this can shift... and it could happen exactly how he described... starting slowly before accelerating rapidly... honestly, I suspect that process has already begun. 😉

dustyheron5 said:That’s the current reality—but my point was that this can shift... and it could happen exactly how he described... starting slowly before accelerating rapidly... honestly, I suspect that process has already begun. 😉

Let’s draw a parallel with the Euro... You really think Germans are that stupid?😉

http://www.youtube.com/watch?v=6o6CXOTTGkU

@Robert Vaughn10

Regarding those Germans... I guess they aren't actually clueless, maybe they just don't have any other moves left.
They're basically acting like the dealers for all of Europe... they lend out the cash and then we miserable Mediterraneans end up buying their "shit" in return. It's kind of like that whole USA-China symbiosis thing. Honestly, who cares if some Italian spends more of those "communal" euros on a damn macchiato than on pension funds? All they really care about is making sure that German gear keeps the coffee grinders running.
🙂

dustyheron5 said:

analogharbor44 As specified by analogharbor44:
Go ahead and keep deluding yourselves—thinking we’re headed for hyperinflation like they saw in Zimbabwe or old Germany. 😂

Personally, I don't delude myself.🤣I’m staying grounded here—unlike you, I actually realize that I lost roughly 20% of my purchasing power within the portfolio I’ve been holding since last year. You still haven't quite grasped that reality—you're essentially deluding yourself into thinking your money holds its value just because the official inflation rate sits at 4.3%. 😂

Meanwhile, someone holding gold right now can buy 5% less ammo, and that ammo itself is already 20% less valuable than it was a year ago.🙂

By the way, I’m not trying to play fortune teller here—I’m just pointing out that a 20% drop in what an ammo stash can actually buy isn't exactly great news for anyone holding gold.

Harold Martin10 said:Meanwhile, someone holding gold right now can buy 5% less ammo, and that ammo itself is already 20% less valuable than it was a year ago.🙂

By the way, I’m not trying to play fortune teller here—I’m just pointing out that a 20% drop in what an ammo stash can actually buy isn't exactly great news for anyone holding gold.

If you sell your gold today, you're locking in a loss. Period. But that just means right now isn't the time to be selling.

Hey everyone, how’s it going? 😉

http://www.bloomberg.com/news/2013-0...ces-slump.html

Robert Vaughn10 said:Let’s draw a parallel with the Euro... You really think Germans are that stupid?😉

http://www.youtube.com/watch?v=6o6CXOTTGkU

I am not talking about the Germans—it is the French I am looking at... the German economy can handle the Euro at $1.79, whereas France can only manage up to $1.24... which means, in my opinion, Germany will be the very last one to ever leave the Eurozone.

Whether France will actually find the strength to exit is a different matter entirely—perhaps they will, perhaps they won't—but one thing is certain: if the Euro stays too strong, the French economy is going to sink deeper and deeper.

Harold Martin10 said:Meanwhile, someone holding gold right now can buy 5% less ammo, and that ammo itself is already 20% less valuable than it was a year ago.🙂

By the way, I’m not trying to play fortune teller here—I’m just pointing out that a 20% drop in what an ammo stash can actually buy isn't exactly great news for anyone holding gold.

Of course they lost money... but if they weren't forced to sell (and most people didn't dump their entire portfolio into gold, just a portion), there is still a chance the price recovers to make up that loss. That isn't an option with cartridges—they only regain purchasing power if the price drops back down to where it was before the spike.

Regarding that specific timeframe you chose—it stands as a fact. But it is equally a fact that you have lost 50% of your purchasing power in cartridges over the last five years... whereas someone who bought gold back then hasn't lost any purchasing power at all—not even if they sell at today's prices. You either conveniently forgot that or simply didn't think of it.😁

And finally, Felix Zulauf
http://kingworldnews.com/kingworldne...ice_Spike.html

A whopping $1,300... if things stay this way through next week, I might actually have to take a trip to the Philharmonie in Vienna to spend it all on high-end sheet music.

Man, these shortages... we've been hearing about them and obsessing over them for years now! 🙄

@Charles Campbell7. Honestly, Charles is the only one here actually getting it right, so you might as well just wait for his $1525 target.

dustyheron5 said:Of course they lost money... but if they weren't forced to sell (and most people didn't dump their entire portfolio into gold, just a portion), there is still a chance the price recovers to make up that loss. That isn't an option with cartridges—they only regain purchasing power if the price drops back down to where it was before the spike.

Regarding that specific timeframe you chose—it stands as a fact. But it is equally a fact that you have lost 50% of your purchasing power in cartridges over the last five years... whereas someone who bought gold back then hasn't lost any purchasing power at all—not even if they sell at today's prices. You either conveniently forgot that or simply didn't think of it.😁

And finally, Felix Zulauf
http://kingworldnews.com/kingworldne...ice_Spike.html

I didn't choose the one-year window; you did in your own post. If you had looked at a 5 to 10-year span, I wouldn't have said anything, but looking at it this way, your argument comes across as pretty ridiculous. 🙂

So... is this new guy not funny to you anymore?

It’s all gone. It’s like they thought they were pulling golden meteors out of the sky or something. 😂 😢