Gold: Past, Present, and Future

rustyseal5 said:There aren't many ways to fix debt. Erasing it through inflation is probably the least painful route. If you want an alternative, go look at what's happening in Europe.

On the flip side, history shows that Ben can use unknown measures to influence the stock market for a while, and traders are obviously going to play that circus while the music is still playing.

In that sense, this "money printer" guy has been manipulating capital markets for five years now—half a decade. If he's been doing it for five years, he'll be doing it for another five.

Both stocks and gold hold value, but if you ask me, stocks are more authentic because they actually generate new value.

I'm with you on that!

Right now, stocks are bloated thanks to unknown stimulus, while gold took a hit right when that stimulus kicked in. The big question is whether we're days or weeks away from a pivot, where the stock market avoids a total crash because Ben will just pump more money in to soften the blow.

We've been hearing this exact same thing for five years. For five long years, the same group of people has been preaching about the inevitable collapse of everything except gold, and how gold is destined to moon. None of it has happened. It's just the same tired story on repeat.

Can you guys just leave us alone for one year with these failed predictions? 🙂

Where I come from, repeating a lie or a stupidity a hundred times doesn't make it the truth on the 101st time. 😁

Five years?

On March 1, 2008, gold was $985; today it's $1580—that's up 60%.
On March 1, 2008, the S&P 500 was at 1330; today it's 1515—only up 14%.

Look at my post again. There won't be any massive stock market crashes like we saw back in '08/'09 because Ben learned his lesson.

I’ve mostly been bullish on the stock market, but not because of fundamentals (the market is actually in a massive secular bear phase). It's purely because I trust Ben's willingness to print money.

You really think the market wouldn't have tanked already if they weren't printing? We're addicted to the stimulus. How long can they keep printing without things like oil prices spiking?

rustyseal5 said:Anything is possible, really. Like someone else pointed out, we all know gold is headed up in the long run. But let’s be honest—in the "long run," we’re all dead anyway.

When will gold hit $2,000, $4,000, $8,000, or even $160,000? Nobody knows. One thing is certain: one day, it *will* be worth $160,000. But none of you gold bugs are going to be around to gloat about it when that day finally rolls around.

Charles, are you still holding out for $1,530? Are you still planning on picking up that extra 20%?

Whenever someone brings up "cartels," I think of those malicious types who mess with the heads of top-tier experts—the same experts who, by today's standards, should have had gold priced well above $3,000 already.

😁

?

The miners (Hawaii) are closing in on that trendline (maybe 2000-2008-2013??). Hawaii is sitting at 350 right now, while the trendline is hovering around 335. You can see the $Hawaii trendline somewhat clearly on this link.

I can't believe I'm even seeing this here. It’s honestly exhausting. Every single time someone tries to bring up these points, we end up right back in the same loop. I remember sitting in a diner outside of Chicago last winter, watching some guy argue about the exact same nonsense with a waitress who clearly didn't care, and it hit me then—this is just how people operate. They want the argument more than they want the truth. It’s repetitive. It’s tedious. And frankly, it’s a waste of everyone's time. We need to move past this if we ever want to actually get somewhere. kaže:
Five years? Seriously?

Yeah, five years straight!

For five years straight, we’ve been hearing the same tired script from the same group of people: that everything not tied to gold is headed for a total meltdown. It’s always the same story. They predict the collapse, they point at the markets, they wait for the sky to fall, and yet, here we are. Still waiting.Gold is surging. It’s happening.

Five years down, and we’re stuck listening to the same nonsense for another five. Honestly, I'm exhausted.

Look, I’ve been bullish on the stock market for a while now, but let's be clear: it isn't because of the fundamentals. The market is stuck in a massive secular bear trend. My conviction comes down to one thing: my absolute faith in Ben’s willingness to just start printing money whenever he feels like it.

A good chunk of this comes down to the money printing, sure, but you also can't ignore how much better things look compared to that absolute disaster back in the fall of 2008. It's a different game entirely.

You really think the stock market wouldn't have imploded long ago if they weren't printing money like there's no tomorrow? Honestly, look at the numbers. It’s all a house of cards held together by the Fed's endless supply of freshly inked paper. Without that constant injection of liquidity, the whole thing would be hitting the floor right about now. I mean, just look at what happened during the last few scares—without those massive stimulus rounds, we'd be staring at a total meltdown. It's a rigged game, plain and simple.

I don't think so. It would definitely take a massive hit—no doubt about that—but it wouldn't trigger a total collapse.

We’ve become completely addicted to printing money. It’s a cycle that never ends. Can we actually just keep hitting that "print" button forever without oil prices absolutely skyrocketing? I mean, think about it. Every time the Fed starts pumping more liquidity into the system, everything gets squeezed. You can't just manufacture value out of thin air indefinitely without eventually hitting a wall where energy costs catch up to you. It feels like we're running a race on a treadmill that's accelerating, and we're all just praying the belt doesn't snap.

Look, we’ve been watching oil prices dance around for four years now. It goes up, it crashes, it climbs back up again—it’s a constant cycle. But let’s be real: we're mostly just hovering between $90 and $110 a barrel. That is nowhere near the $150 madness we saw back in the summer of 2008. We aren't even in the same ballpark.

quiettrucker12 said:Five years?

On March 1, 2008, gold was $985; today it's $1580—that's up 60%.
On March 1, 2008, the S&P 500 was at 1330; today it's 1515—only up 14%.

Look at my post again. There won't be any massive stock market crashes like we saw back in '08/'09 because Ben learned his lesson.

I’ve mostly been bullish on the stock market, but not because of fundamentals (the market is actually in a massive secular bear phase). It's purely because I trust Ben's willingness to print money.

You really think the market wouldn't have tanked already if they weren't printing? We're addicted to the stimulus. How long can they keep printing without things like oil prices spiking?

An incredible 12 percent.😂
And take a look at this guyfinance.yahoo.com/q?s=BRK-A
He’s pulling in nearly 30 percent annually.😉

rustyseal5 said:

I can't believe I'm even seeing this here. It’s honestly exhausting. Every single time someone tries to bring up these points, we end up right back in the same loop. I remember sitting in a diner outside of Chicago last winter, watching some guy argue about the exact same nonsense with a waitress who clearly didn't care, and it hit me then—this is just how people operate. They want the argument more than they want the truth. It’s repetitive. It’s tedious. And frankly, it’s a waste of everyone's time. We need to move past this if we ever want to actually get somewhere. kaže:
Five years? Seriously?

Yeah, five years straight!

For five years straight, we’ve been hearing the same tired script from the same group of people: that everything not tied to gold is headed for a total meltdown. It’s always the same story. They predict the collapse, they point at the markets, they wait for the sky to fall, and yet, here we are. Still waiting.Gold is surging. It’s happening.

Five years down, and we’re stuck listening to the same nonsense for another five. Honestly, I'm exhausted.

Look, I’ve been bullish on the stock market for a while now, but let's be clear: it isn't because of the fundamentals. The market is stuck in a massive secular bear trend. My conviction comes down to one thing: my absolute faith in Ben’s willingness to just start printing money whenever he feels like it.

A good chunk of this comes down to the money printing, sure, but you also can't ignore how much better things look compared to that absolute disaster back in the fall of 2008. It's a different game entirely.

You really think the stock market wouldn't have imploded long ago if they weren't printing money like there's no tomorrow? Honestly, look at the numbers. It’s all a house of cards held together by the Fed's endless supply of freshly inked paper. Without that constant injection of liquidity, the whole thing would be hitting the floor right about now. I mean, just look at what happened during the last few scares—without those massive stimulus rounds, we'd be staring at a total meltdown. It's a rigged game, plain and simple.

I don't think so. It would definitely take a massive hit—no doubt about that—but it wouldn't trigger a total collapse.

We’ve become completely addicted to printing money. It’s a cycle that never ends. Can we actually just keep hitting that "print" button forever without oil prices absolutely skyrocketing? I mean, think about it. Every time the Fed starts pumping more liquidity into the system, everything gets squeezed. You can't just manufacture value out of thin air indefinitely without eventually hitting a wall where energy costs catch up to you. It feels like we're running a race on a treadmill that's accelerating, and we're all just praying the belt doesn't snap.

Look, we’ve been watching oil prices dance around for four years now. It goes up, it crashes, it climbs back up again—it’s a constant cycle. But let’s be real: we're mostly just hovering between $90 and $110 a barrel. That is nowhere near the $150 madness we saw back in the summer of 2008. We aren't even in the same ballpark.

Is it actually better, or just "better" for the sake of endless rounds of QE (1+2+3...)? Basically, is it significantly worse?

Take a look at the debt levels in 2008 versus 2012:

US debt

rustyseal5 said:

I can't believe I'm even seeing this here. It’s honestly exhausting. Every single time someone tries to bring up these points, we end up right back in the same loop. I remember sitting in a diner outside of Chicago last winter, watching some guy argue about the exact same nonsense with a waitress who clearly didn't care, and it hit me then—this is just how people operate. They want the argument more than they want the truth. It’s repetitive. It’s tedious. And frankly, it’s a waste of everyone's time. We need to move past this if we ever want to actually get somewhere. kaže:
Five years? Seriously?

Yeah, five years straight!

For five years straight, we’ve been hearing the same tired script from the same group of people: that everything not tied to gold is headed for a total meltdown. It’s always the same story. They predict the collapse, they point at the markets, they wait for the sky to fall, and yet, here we are. Still waiting.Gold is surging. It’s happening.

Five years down, and we’re stuck listening to the same nonsense for another five. Honestly, I'm exhausted.

Look, I’ve been bullish on the stock market for a while now, but let's be clear: it isn't because of the fundamentals. The market is stuck in a massive secular bear trend. My conviction comes down to one thing: my absolute faith in Ben’s willingness to just start printing money whenever he feels like it.

A good chunk of this comes down to the money printing, sure, but you also can't ignore how much better things look compared to that absolute disaster back in the fall of 2008. It's a different game entirely.

You really think the stock market wouldn't have imploded long ago if they weren't printing money like there's no tomorrow? Honestly, look at the numbers. It’s all a house of cards held together by the Fed's endless supply of freshly inked paper. Without that constant injection of liquidity, the whole thing would be hitting the floor right about now. I mean, just look at what happened during the last few scares—without those massive stimulus rounds, we'd be staring at a total meltdown. It's a rigged game, plain and simple.

I don't think so. It would definitely take a massive hit—no doubt about that—but it wouldn't trigger a total collapse.

We’ve become completely addicted to printing money. It’s a cycle that never ends. Can we actually just keep hitting that "print" button forever without oil prices absolutely skyrocketing? I mean, think about it. Every time the Fed starts pumping more liquidity into the system, everything gets squeezed. You can't just manufacture value out of thin air indefinitely without eventually hitting a wall where energy costs catch up to you. It feels like we're running a race on a treadmill that's accelerating, and we're all just praying the belt doesn't snap.

Look, we’ve been watching oil prices dance around for four years now. It goes up, it crashes, it climbs back up again—it’s a constant cycle. But let’s be real: we're mostly just hovering between $90 and $110 a barrel. That is nowhere near the $150 madness we saw back in the summer of 2008. We aren't even in the same ballpark.

oil:QE

With every round of QE, our starting price gets higher—this time it’s $85. If it slips back toward $150, there's no way they avoid a recession.

Raymond Vaughn8 said:An incredible 12 percent.😂
And take a look at this guyfinance.yahoo.com/q?s=BRK-A
He’s pulling in nearly 30 percent annually.😉

I don't get it.

rustyseal5 said:

I can't believe I'm even seeing this here. It’s honestly exhausting. Every single time someone tries to bring up these points, we end up right back in the same loop. I remember sitting in a diner outside of Chicago last winter, watching some guy argue about the exact same nonsense with a waitress who clearly didn't care, and it hit me then—this is just how people operate. They want the argument more than they want the truth. It’s repetitive. It’s tedious. And frankly, it’s a waste of everyone's time. We need to move past this if we ever want to actually get somewhere. kaže:
Five years? Seriously?

Yeah, five years straight!

For five years straight, we’ve been hearing the same tired script from the same group of people: that everything not tied to gold is headed for a total meltdown. It’s always the same story. They predict the collapse, they point at the markets, they wait for the sky to fall, and yet, here we are. Still waiting.Gold is surging. It’s happening.

Five years down, and we’re stuck listening to the same nonsense for another five. Honestly, I'm exhausted.

Look, I’ve been bullish on the stock market for a while now, but let's be clear: it isn't because of the fundamentals. The market is stuck in a massive secular bear trend. My conviction comes down to one thing: my absolute faith in Ben’s willingness to just start printing money whenever he feels like it.

A good chunk of this comes down to the money printing, sure, but you also can't ignore how much better things look compared to that absolute disaster back in the fall of 2008. It's a different game entirely.

You really think the stock market wouldn't have imploded long ago if they weren't printing money like there's no tomorrow? Honestly, look at the numbers. It’s all a house of cards held together by the Fed's endless supply of freshly inked paper. Without that constant injection of liquidity, the whole thing would be hitting the floor right about now. I mean, just look at what happened during the last few scares—without those massive stimulus rounds, we'd be staring at a total meltdown. It's a rigged game, plain and simple.

I don't think so. It would definitely take a massive hit—no doubt about that—but it wouldn't trigger a total collapse.

We’ve become completely addicted to printing money. It’s a cycle that never ends. Can we actually just keep hitting that "print" button forever without oil prices absolutely skyrocketing? I mean, think about it. Every time the Fed starts pumping more liquidity into the system, everything gets squeezed. You can't just manufacture value out of thin air indefinitely without eventually hitting a wall where energy costs catch up to you. It feels like we're running a race on a treadmill that's accelerating, and we're all just praying the belt doesn't snap.

Look, we’ve been watching oil prices dance around for four years now. It goes up, it crashes, it climbs back up again—it’s a constant cycle. But let’s be real: we're mostly just hovering between $90 and $110 a barrel. That is nowhere near the $150 madness we saw back in the summer of 2008. We aren't even in the same ballpark.

Just look: in five years, gold is up 60% while the stock market is only up 14%.

From March 2013 to March 2018—time will tell.

quiettrucker12 said:Is it actually better, or just "better" for the sake of endless rounds of QE (1+2+3...)? Basically, is it significantly worse?

Take a look at the debt levels in 2008 versus 2012:

US debt

oil:QE

With every round of QE, our starting price gets higher—this time it’s $85. If it slips back toward $150, there's no way they avoid a recession.

I don't get it.

Just look: in five years, gold is up 60% while the stock market is only up 14%.

From March 2013 to March 2018—time will tell.

Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

Listen, rustyseal5... just ignore quiettrucker12. Tell us—what would be a smart move for an investment right now? Something with a horizon of maybe six months to a year.
I know this isn't strictly what this thread is about—but hey, it’s always good to hear a different perspective.

Alright, the floor is yours.

dustyheron5 said:Listen, rustyseal5... just ignore quiettrucker12. Tell us—what would be a smart move for an investment right now? Something with a horizon of maybe six months to a year.
I know this isn't strictly what this thread is about—but hey, it’s always good to hear a different perspective.

Alright, the floor is yours.

That’s business for speculators like Charles. I’m no speculator, so I won't pretend to be an expert on that.

Long-term? Gold is easily one of the smarter plays.

And honestly, I don't see the point in certain people here constantly pushing gold or making regular folks feel like it's some big deal. To most sensible people, gold is just a little something to hold onto for a bit of long-term growth.

The fact that a few guys here obsess over it says more about their cognitive abilities than anything else.

For five years straight, we've had these clowns predicting things and acting like they're geniuses every single day.

If you had asked them eighteen months ago whether it would be worth more today, we all know exactly what they would have said.

That tells you everything you need to know about their "expertise." Like someone else pointed out, they don't actually possess knowledge—they just have faith. When you lack actual data, all you've got left is blind belief. 😁

rustyseal5 said:That’s business for speculators like Charles. I’m no speculator, so I won't pretend to be an expert on that.

Long-term? Gold is easily one of the smarter plays.

And honestly, I don't see the point in certain people here constantly pushing gold or making regular folks feel like it's some big deal. To most sensible people, gold is just a little something to hold onto for a bit of long-term growth.

The fact that a few guys here obsess over it says more about their cognitive abilities than anything else.

For five years straight, we've had these clowns predicting things and acting like they're geniuses every single day.

If you had asked them eighteen months ago whether it would be worth more today, we all know exactly what they would have said.

That tells you everything you need to know about their "expertise." Like someone else pointed out, they don't actually possess knowledge—they just have faith. When you lack actual data, all you've got left is blind belief. 😁

You don't have to speak as a speculator; you can speak as an investor... what do you consider to be the best asset to hold right now?.......
I assume you actually have an opinion.

dustyheron5 said:You don't have to speak as a speculator; you can speak as an investor... what do you consider to be the best asset to hold right now?.......
I assume you actually have an opinion.

I’m not buying for a 6 to 12-month window. Because of that, I couldn't care less about anything else related to short-term fluctuations.

I wouldn't even dare touch gold today if there was a chance I'd be forced to dump it in six months or a year. That's just bad math.

If I don't need the cash anytime soon, then yeah, gold would definitely be at the top of my list.

From a long-term perspective, gold is looking like a steal right now. 😛

rustyseal5 said:That’s business for speculators like Charles. I’m no speculator, so I won't pretend to be an expert on that.

Long-term? Gold is easily one of the smarter plays.

And honestly, I don't see the point in certain people here constantly pushing gold or making regular folks feel like it's some big deal. To most sensible people, gold is just a little something to hold onto for a bit of long-term growth.

The fact that a few guys here obsess over it says more about their cognitive abilities than anything else.

For five years straight, we've had these clowns predicting things and acting like they're geniuses every single day.

If you had asked them eighteen months ago whether it would be worth more today, we all know exactly what they would have said.

That tells you everything you need to know about their "expertise." Like someone else pointed out, they don't actually possess knowledge—they just have faith. When you lack actual data, all you've got left is blind belief. 😁

Bottom line: gold is a lousy short-term play but a solid long-term one. And FYI, everyone in this thread holding physical gold or silver is playing the long game.
From where I'm sitting, you haven't actually said anything intelligent other than venting your negativity about gold's short-term fluctuations.
So, what's your actual expertise here? I'd love to hear it.

Melissa Sanchez17 said:Bottom line: gold is a lousy short-term play but a solid long-term one. And FYI, everyone in this thread holding physical gold or silver is playing the long game.
From where I'm sitting, you haven't actually said anything intelligent other than venting your negativity about gold's short-term fluctuations.
So, what's your actual expertise here? I'd love to hear it.

Well, the last eighteen months have proven I'm right. Just like the last twenty years have. 🤷

Don't you realize everyone here holding physical gold or silver is a long-term investor?

If that’s actually true, then why on earth is everyone here checking prices every single day and obsessing over every little bump in the gold market? If you were truly playing the long game, you wouldn't give a damn about the daily fluctuations. You'd just let the market do its thing instead of acting like a bunch of frantic cultists constantly staring at charts.

🙂

From what I can see, you haven't said anything smart besides being negative about gold in the short run.

Just like most of the other people on this thread. 😁

And what exactly is your level of expertise? Please answer.

🙂

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

So, it’s all just smoke and mirrors after all?

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

I’ve noticed that this round of QE kicked off right when oil prices were hitting their absolute peak.

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

Here’s the deal: if QE kicks in and drives up oil prices—which, let's face it, has happened every single time we've seen QE so far—it’s going to put massive pressure on an already fragile economy. We'll likely see a slide into recession and a sharp drop in demand. Once that happens, QE loses its magic. So, what then? Are we actually looking at the start of the bull market everyone is currently hyping up, or is this just a final, desperate bear market rally?

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

Yeah, gold is definitely undervalued right now. As for the stock market? It’s basically being kept on life support by QE.

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

I don't get this.

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

Neither $145 nor that $34 from 2008 are useful data points for drawing smart conclusions. That growth was a specific outlier during the commodity bull run, just like the drop to roughly $34 afterward.

rustyseal5 said:Look, if you compare where we were in the fall of 2008 to where we are now, a year later, things are incomparably better today. Besides, the debt growth isn't even that extreme. The financial crisis the US went through was nothing compared to what other countries had to stomach. Americans got off relatively easy.

With every round of QE, our starting price gets higher—this time it's $85. If it escapes to $150 again, they won't stand a chance at avoiding a recession.

Right now, oil is sitting at $90, which is basically where it was back in late 2010. If you want to play games with numbers and manipulate data, sure, this chart might work for you. But look at the actual oil market: prices have been swinging up and down for five years straight.

And it’ll stay that way. It’s obvious that despite all the massive money printing, the global economy can't sustain oil above $100 without demand cratering, which brings the price right back down.

So, over 5 years, gold is up 60% and the stock market is up 14%.

Between March 2013 and March 2018, we'll see who's right.

So, we've reached the conclusion that the stock market grew by a whopping 14% while we were all still breathing. Wow. No bubble there, right? Meanwhile, gold is up 60%, so according to your logic, gold is undervalued and the stock market is overpriced.

How is that even possible when earnings per share are higher today than they were four years ago?

How does that work if prices haven't surged that much? Look, if you really want to manipulate the narrative, go check what things like wheat or gold were worth in the summer of 2008 versus today.

Plus, you completely ignored the most important part of my quote.

For five years, we've been hearing from the same group of people about how everything not tied to gold is headed for a total collapse.

Are you intentionally manipulating the truth the same way you manipulate the gold data?

When eight months pass and absolutely nothing happens, will you finally admit you don't know anything and stop posting these endless "forecasts" of yours? 😁

Yeah, right. If I actually had the power to manipulate gold... 😁

Back in October 2011, I already called it—said we’d see at least a year of consolidation for gold. I’m not big on manipulation theories, but in November 2013, there was a low-volume attack on gold during after-hours trading right when it should have been moving up. It dragged out the consolidation, sure, but there's no way it stops a bull market that's been running for 12 years.

gold bull

Honestly, this kind of frustrated, whiny tone on the forums is usually a reliable sign that gold is hitting bottom.

Here’s how I’ve personally split my investments and speculative plays. My capital is relatively small, but I’ve managed to see about a 20% annual growth so far.

1. 25% is sitting in high-yield savings accounts.
2. 25% is a mix of money market funds and USD, playing the seasonal cycles.
3. 25% is tucked away in US equities. I won't touch domestic small-caps with a ten-foot pole; I've been burned way too many times there.
I stick to blue chips with steady dividends—specifically IBM. Honestly, they might be the last company left standing when everything else
goes south, given how incredibly diversified their business model is.
4. The rest goes into speculation (more US stocks, obviously).

Bottom line? I’ve made significantly more through speculation than I ever would have by dumping it all into gold.
To me, gold feels like pure manipulation, much like this nonsense here: http://www.kitco.com/charts/rhodium.html 😂

quiettrucker12 said:So, it’s all just smoke and mirrors after all?

I’ve noticed that this round of QE kicked off right when oil prices were hitting their absolute peak.

Here’s the deal: if QE kicks in and drives up oil prices—which, let's face it, has happened every single time we've seen QE so far—it’s going to put massive pressure on an already fragile economy. We'll likely see a slide into recession and a sharp drop in demand. Once that happens, QE loses its magic. So, what then? Are we actually looking at the start of the bull market everyone is currently hyping up, or is this just a final, desperate bear market rally?

Yeah, gold is definitely undervalued right now. As for the stock market? It’s basically being kept on life support by QE.

I don't get this.

Neither $145 nor that $34 from 2008 are useful data points for drawing smart conclusions. That growth was a specific outlier during the commodity bull run, just like the drop to roughly $34 afterward.

Yeah, right. If I actually had the power to manipulate gold... 😁

Back in October 2011, I already called it—said we’d see at least a year of consolidation for gold. I’m not big on manipulation theories, but in November 2013, there was a low-volume attack on gold during after-hours trading right when it should have been moving up. It dragged out the consolidation, sure, but there's no way it stops a bull market that's been running for 12 years.

gold bull

Honestly, this kind of frustrated, whiny tone on the forums is usually a reliable sign that gold is hitting bottom.

Look, I’m not trying to lecture you. I’m just giving you the straight truth on how things used to be versus how they are right now.

I’ve been crunching the numbers, and I've come to a pretty blunt conclusion: this round of QE kicked off right when oil prices were hitting their absolute peak. It's hard to ignore that correlation.

Honestly, I don't see why anyone is making such a big deal out of this. It’s trivial. If we were talking about a massive 10% or 20% swing, then maybe we’d have something to discuss, but we're talking about a difference of a few bucks here. A few dollars! Give me a break. Besides, looking at the oil markets, I just don't see any way prices are hitting $110 in the next year, let alone touching those legendary $150 peaks everyone keeps obsessing over. It’s just not happening. Oil fluctuates, sure—it’s always bouncing around—but if you look at the last five years, it’s mostly just been idling between $90 and $110. It stays in that lane. Period.

Look, here’s how I see it. If we get hit with another round of QE, oil prices are going to spike. It’s happened every single time we've seen this kind of stimulus before. Once those energy costs climb, they’re going to put massive pressure on an already fragile economy, eventually forcing us straight into a recession and tanking demand. At that point, QE stops being a magic wand and just stops working altogether. So, what happens then? Is this actually the start of the massive bull market everyone is currently shouting about, or are we all just witnessing one final, desperate bear market rally?

Look, when you step back and look at monetary policy through a macro lens, we’ve clearly hit a wall. We're reaching the absolute limits of what can actually be done. But? If you shift your perspective toward the stock market, those boundaries basically vanish. There is no ceiling. As long as the Federal Reserve decides they want to print money, they can. They’ll keep pumping liquidity into the system just to keep the stock market from ever seeing a real collapse. It's a rigged game, plain and simple.

Yeah, gold is totally undervalued right now. Honestly, the stock market is only staying on life support because of constant QE. It’s artificial.

How is this even possible? Gold is up 60%—and don't even get me started on inflation, because that definitely isn't the reason here—yet the stock market is sitting at a measly 14% gain. We’re talking about corporate earnings hitting historic highs right now. It makes zero sense.

I don't get this.

I’m talking about corporate profits hitting levels we have never seen before. Seriously, they're at historic highs. They’ve never been this bloated.

Look, you can throw around numbers like $145 or that $34 mark from back in 2008 all day long, but honestly? It’s useless. You aren't going to draw any intelligent conclusions from them. That specific growth spurt was its own freak occurrence within the commodity bull market—a total outlier. And that crash down to $34 right after? Just as much of a one-off. Comparing it to anything else today is just bad math.

😕

Quote:
Back then, you guys called $150 oil "inflation." Now, suddenly, $90 oil is also "inflation" caused by reckless money printing. You just move the goalposts whenever it suits your narrative.

Yeah, right. Like I’m actually in a position to manipulate the price of gold.

I was talking about the context of your posts. 😁

Way back in October 2011, I mentioned we were looking at at least a year of consolidation for gold. Look, I'm not big on manipulation theories, but in November 2013, there was this low-volume after-hours attack on gold right when it should have been breaking out. It dragged out the consolidation, sure, but there's no way that stopped a bull market that's been running for 12 years straight.

That has absolutely nothing to do with the fundamentals that have driven gold prices since the beginning of time. Based on actual fundamentals, gold has a specific value. It doesn't go higher than $1,800.

Right now? Given the massive debt levels, it’s definitely headed up in the long run—but let's be honest, we'll all be dead by then anyway.

What most gold bugs dream about is some grand conspiracy where they manipulate gold to prevent the total collapse of our monetary system. It’s pure idiocy. I honestly don't understand how someone with even average cognitive abilities can swallow such nonsense and base an entire investment strategy on it.

Usually, this kind of frustrated tone on the forums is a reliable indicator that gold has hit bottom or is very close to it.

The only people who are frustrated are the ones who bought in eighteen months ago and are currently sitting on losses. They bought in because they listened to the amateurs posting on this thread. One amateur reads another amateur, buys in, and suddenly their "short-term trade" becomes a "long-term investment" out of pure necessity. 😁

rustyseal5 said:Look, I’m not trying to lecture you. I’m just giving you the straight truth on how things used to be versus how they are right now.

I’ve been crunching the numbers, and I've come to a pretty blunt conclusion: this round of QE kicked off right when oil prices were hitting their absolute peak. It's hard to ignore that correlation.

Honestly, I don't see why anyone is making such a big deal out of this. It’s trivial. If we were talking about a massive 10% or 20% swing, then maybe we’d have something to discuss, but we're talking about a difference of a few bucks here. A few dollars! Give me a break. Besides, looking at the oil markets, I just don't see any way prices are hitting $110 in the next year, let alone touching those legendary $150 peaks everyone keeps obsessing over. It’s just not happening. Oil fluctuates, sure—it’s always bouncing around—but if you look at the last five years, it’s mostly just been idling between $90 and $110. It stays in that lane. Period.

Look, here’s how I see it. If we get hit with another round of QE, oil prices are going to spike. It’s happened every single time we've seen this kind of stimulus before. Once those energy costs climb, they’re going to put massive pressure on an already fragile economy, eventually forcing us straight into a recession and tanking demand. At that point, QE stops being a magic wand and just stops working altogether. So, what happens then? Is this actually the start of the massive bull market everyone is currently shouting about, or are we all just witnessing one final, desperate bear market rally?

Look, when you step back and look at monetary policy through a macro lens, we’ve clearly hit a wall. We're reaching the absolute limits of what can actually be done. But? If you shift your perspective toward the stock market, those boundaries basically vanish. There is no ceiling. As long as the Federal Reserve decides they want to print money, they can. They’ll keep pumping liquidity into the system just to keep the stock market from ever seeing a real collapse. It's a rigged game, plain and simple.

Yeah, gold is totally undervalued right now. Honestly, the stock market is only staying on life support because of constant QE. It’s artificial.

How is this even possible? Gold is up 60%—and don't even get me started on inflation, because that definitely isn't the reason here—yet the stock market is sitting at a measly 14% gain. We’re talking about corporate earnings hitting historic highs right now. It makes zero sense.

I don't get this.

I’m talking about corporate profits hitting levels we have never seen before. Seriously, they're at historic highs. They’ve never been this bloated.

Look, you can throw around numbers like $145 or that $34 mark from back in 2008 all day long, but honestly? It’s useless. You aren't going to draw any intelligent conclusions from them. That specific growth spurt was its own freak occurrence within the commodity bull market—a total outlier. And that crash down to $34 right after? Just as much of a one-off. Comparing it to anything else today is just bad math.

😕

Quote:
Back then, you guys called $150 oil "inflation." Now, suddenly, $90 oil is also "inflation" caused by reckless money printing. You just move the goalposts whenever it suits your narrative.

Yeah, right. Like I’m actually in a position to manipulate the price of gold.

I was talking about the context of your posts. 😁

Way back in October 2011, I mentioned we were looking at at least a year of consolidation for gold. Look, I'm not big on manipulation theories, but in November 2013, there was this low-volume after-hours attack on gold right when it should have been breaking out. It dragged out the consolidation, sure, but there's no way that stopped a bull market that's been running for 12 years straight.

That has absolutely nothing to do with the fundamentals that have driven gold prices since the beginning of time. Based on actual fundamentals, gold has a specific value. It doesn't go higher than $1,800.

Right now? Given the massive debt levels, it’s definitely headed up in the long run—but let's be honest, we'll all be dead by then anyway.

What most gold bugs dream about is some grand conspiracy where they manipulate gold to prevent the total collapse of our monetary system. It’s pure idiocy. I honestly don't understand how someone with even average cognitive abilities can swallow such nonsense and base an entire investment strategy on it.

Usually, this kind of frustrated tone on the forums is a reliable indicator that gold has hit bottom or is very close to it.

The only people who are frustrated are the ones who bought in eighteen months ago and are currently sitting on losses. They bought in because they listened to the amateurs posting on this thread. One amateur reads another amateur, buys in, and suddenly their "short-term trade" becomes a "long-term investment" out of pure necessity. 😁

It’s unlikely they bought because of this forum. I explicitly called out when the correction would start back in 2011. Every single "buy silver" recommendation happened when it was sitting at $28. If gold tanks below roughly $1,490, then maybe I'll rethink my stance. COT reports show commercial players have record-low short positions while speculators are hitting record highs. $bpgdm is flirting with record lows, $hui is hugging the 2000-2008-2013 trendline, and sentiment is at an all-time low—lower than even 2008. Meanwhile, a massive wave of retail investors is piling into stocks expecting eternal growth, which is usually a sign the top is near. It's fundamentally similar to what we saw with gold in 2011, except in my view, the stock market is in a secular bear while gold is in a secular bull. So, anyone who bought gold at, say, $1,850 will likely be back to break-even very soon. On another note, I totally agree that we won't see another 2008-style crash because they have QE to cushion the fall when things move. Ben has pulled off plenty with QE, but there's no way he can reverse a secular bear in the stock market, let alone stop a secular bull in gold.

What’s stalling the gold bull market right now are the whispers about potentially ending QE. Once everyone finally realizes that stopping the printing presses isn't actually an option, the gold bull will reignite. The only thing that might convince politicians to stop printing is a spike in inflation—like soaring oil prices—or reaching a point where stopping the printing hurts more than continuing it.

quiettrucker12 said:It’s unlikely they bought because of this forum. I explicitly called out when the correction would start back in 2011. Every single "buy silver" recommendation happened when it was sitting at $28. If gold tanks below roughly $1,490, then maybe I'll rethink my stance. COT reports show commercial players have record-low short positions while speculators are hitting record highs. $bpgdm is flirting with record lows, $hui is hugging the 2000-2008-2013 trendline, and sentiment is at an all-time low—lower than even 2008. Meanwhile, a massive wave of retail investors is piling into stocks expecting eternal growth, which is usually a sign the top is near. It's fundamentally similar to what we saw with gold in 2011, except in my view, the stock market is in a secular bear while gold is in a secular bull. So, anyone who bought gold at, say, $1,850 will likely be back to break-even very soon. On another note, I totally agree that we won't see another 2008-style crash because they have QE to cushion the fall when things move. Ben has pulled off plenty with QE, but there's no way he can reverse a secular bear in the stock market, let alone stop a secular bull in gold.

What’s stalling the gold bull market right now are the whispers about potentially ending QE. Once everyone finally realizes that stopping the printing presses isn't actually an option, the gold bull will reignite. The only thing that might convince politicians to stop printing is a spike in inflation—like soaring oil prices—or reaching a point where stopping the printing hurts more than continuing it.

I’m not buying it. I’ll say it again: there is no inflation. Period. And because there's no inflation, there is absolutely no justification for gold prices to keep climbing.

Look at oil. It's sitting right where it was back in 2010. We're living in 2013 here. Historically, oil and food prices spike first and then crash, which is exactly what we've seen over the last four years.

That’s the only "inflation" the gold bugs are clinging to, but let me be blunt: it isn't real inflation.

As for the money printing? It’s not happening the way you think it is, so there is zero momentum for price growth today.

Furthermore, if you actually look at the price of gold compared to production costs and inflation, the current price is perfectly reasonable.

Anyone who thought gold would just keep ripping 20% higher every single year seriously screwed up. It won't happen. Gold had its glory days already. The real question isn't whether it will go up, but when we might see another run like the one we had from 2002 to 2011.

rustyseal5 said:Look, I’m not trying to lecture you. I’m just giving you the straight truth on how things used to be versus how they are right now.

I’ve been crunching the numbers, and I've come to a pretty blunt conclusion: this round of QE kicked off right when oil prices were hitting their absolute peak. It's hard to ignore that correlation.

Honestly, I don't see why anyone is making such a big deal out of this. It’s trivial. If we were talking about a massive 10% or 20% swing, then maybe we’d have something to discuss, but we're talking about a difference of a few bucks here. A few dollars! Give me a break. Besides, looking at the oil markets, I just don't see any way prices are hitting $110 in the next year, let alone touching those legendary $150 peaks everyone keeps obsessing over. It’s just not happening. Oil fluctuates, sure—it’s always bouncing around—but if you look at the last five years, it’s mostly just been idling between $90 and $110. It stays in that lane. Period.

Look, here’s how I see it. If we get hit with another round of QE, oil prices are going to spike. It’s happened every single time we've seen this kind of stimulus before. Once those energy costs climb, they’re going to put massive pressure on an already fragile economy, eventually forcing us straight into a recession and tanking demand. At that point, QE stops being a magic wand and just stops working altogether. So, what happens then? Is this actually the start of the massive bull market everyone is currently shouting about, or are we all just witnessing one final, desperate bear market rally?

Look, when you step back and look at monetary policy through a macro lens, we’ve clearly hit a wall. We're reaching the absolute limits of what can actually be done. But? If you shift your perspective toward the stock market, those boundaries basically vanish. There is no ceiling. As long as the Federal Reserve decides they want to print money, they can. They’ll keep pumping liquidity into the system just to keep the stock market from ever seeing a real collapse. It's a rigged game, plain and simple.

Yeah, gold is totally undervalued right now. Honestly, the stock market is only staying on life support because of constant QE. It’s artificial.

How is this even possible? Gold is up 60%—and don't even get me started on inflation, because that definitely isn't the reason here—yet the stock market is sitting at a measly 14% gain. We’re talking about corporate earnings hitting historic highs right now. It makes zero sense.

I don't get this.

I’m talking about corporate profits hitting levels we have never seen before. Seriously, they're at historic highs. They’ve never been this bloated.

Look, you can throw around numbers like $145 or that $34 mark from back in 2008 all day long, but honestly? It’s useless. You aren't going to draw any intelligent conclusions from them. That specific growth spurt was its own freak occurrence within the commodity bull market—a total outlier. And that crash down to $34 right after? Just as much of a one-off. Comparing it to anything else today is just bad math.

😕

Quote:
Back then, you guys called $150 oil "inflation." Now, suddenly, $90 oil is also "inflation" caused by reckless money printing. You just move the goalposts whenever it suits your narrative.

Yeah, right. Like I’m actually in a position to manipulate the price of gold.

I was talking about the context of your posts. 😁

Way back in October 2011, I mentioned we were looking at at least a year of consolidation for gold. Look, I'm not big on manipulation theories, but in November 2013, there was this low-volume after-hours attack on gold right when it should have been breaking out. It dragged out the consolidation, sure, but there's no way that stopped a bull market that's been running for 12 years straight.

That has absolutely nothing to do with the fundamentals that have driven gold prices since the beginning of time. Based on actual fundamentals, gold has a specific value. It doesn't go higher than $1,800.

Right now? Given the massive debt levels, it’s definitely headed up in the long run—but let's be honest, we'll all be dead by then anyway.

What most gold bugs dream about is some grand conspiracy where they manipulate gold to prevent the total collapse of our monetary system. It’s pure idiocy. I honestly don't understand how someone with even average cognitive abilities can swallow such nonsense and base an entire investment strategy on it.

Usually, this kind of frustrated tone on the forums is a reliable indicator that gold has hit bottom or is very close to it.

The only people who are frustrated are the ones who bought in eighteen months ago and are currently sitting on losses. They bought in because they listened to the amateurs posting on this thread. One amateur reads another amateur, buys in, and suddenly their "short-term trade" becomes a "long-term investment" out of pure necessity. 😁

You’re throwing around plenty of insults, yet you lack any actual facts to back them up. We’ve always maintained that gold is fundamentally a long-term play, even if nobody can pinpoint exactly when a crisis will hit or when prices will spike. I've said it myself. Honestly, I'm starting to bore myself with my own repetition. My point is this: should we sell gold right now or not? Give me a straight answer to a direct question. You claim it's smart for the long haul, but insist there won't be any more short-term surges. Fine. Give me a specific timeframe so we can actually judge your logic.

Robert Vaughn10 said:You’re throwing around plenty of insults, yet you lack any actual facts to back them up. We’ve always maintained that gold is fundamentally a long-term play, even if nobody can pinpoint exactly when a crisis will hit or when prices will spike. I've said it myself. Honestly, I'm starting to bore myself with my own repetition. My point is this: should we sell gold right now or not? Give me a straight answer to a direct question. You claim it's smart for the long haul, but insist there won't be any more short-term surges. Fine. Give me a specific timeframe so we can actually judge your logic.

Look, my take is simple: if you already hold gold, don't touch it. If you're looking at a medium to long-term play, go ahead and buy. But if you're eyeing a 6 to 12-month window? Stay away.

I honestly don't get why people struggle to grasp my point. I am telling people: do not buy gold if you need that cash back in six months or a year. It's a gamble. Nobody—and I mean nobody—can tell you what the price will be in 6 months versus 12 months. Anyone claiming they know whether it's going up or down is simply LYING to your face.

As far as the long-term trend goes, I think we can all agree that gold is headed up. 🤷