Gold: Past, Present, and Future

brightviper48 said:Does that imply physical real estate can't be part of a bubble either... or perhaps even physical Lukovica tulip bulbs?

A quality Lukovica could never be part of a bubble...🤣

brightviper48 said:Does that imply physical real estate can't be part of a bubble either... or perhaps even physical Lukovica tulip bulbs?

The core issue here—something we really need to grasp—is the distinction between money and commodities, services, and so on...
Silver and gold represent money, whereas everything else simply doesn't. Historically speaking, whenever currencies have decoupled from money, things have gone south fast.
If a crowd of sheep convinces themselves that real estate, tulip bulbs, stocks, or some Facebook nonsense can hold value, then greed can drive those prices into unrealistic, illogical territory—which is how you get a bubble. On the flip side, gold and silver don't "inflate" in that sense; they *are* money. They serve as a medium of exchange with intrinsic value derived from properties that nothing else possesses (that’s why they matter). For something to truly qualify as money, it
:
it has to be liquid, easily portable, durable, fungible (which is precisely why diamonds or real estate fail this test and can't be considered money), divisible into smaller units without losing value, and difficult to counterfeit.

Real estate and tulip bulbs lack these specific traits—they aren't even permanent—so they shouldn't be compared to money. You can compare the value of a house or a bulb to another good or service, but you shouldn't compare them to a medium of exchange (in the sense that they are the same thing as money) used to trade those goods and services. If some fool decides a house is worth, say, $5,000 or 4 ounces of gold, and another fool believes him, all that does is inflate a bubble; eventually, unsold properties rot, plenty of idiots lose their shirts, and gold just stays right where it was.

If you try to measure the value of gold or silver using something like a fiat currency—which essentially holds no inherent value—you start to see just how warped this entire financial system is. It’s no wonder the whole thing is such a massive mess. Every single time people tried to play games with money by attempting to turn things that aren't money into money, the masses ended up broke and sheared like sheep. This system is rigged to benefit a tiny few at the expense of everyone else. The "beauty" of it for that elite group is that the majority of people will fight tooth and nail to defend and maintain this very system. That continues right up until the moment the structure starts cracking—and that's been happening for a while now (though if you ask me, the cracks started appearing the day Nixon signed his name to it).

And one last thing. You *can* compare real estate or tulip bulbs to fiat currency because both are subject to bubbles, which is exactly what we're seeing right now. Why is that possible? Because fiat currency isn't actually money.

People were trading actual physical tulips back then. You had options on the bulbs themselves, and then things escalated even further with contract options based specifically on those bulbs.

Everyone was just obsessed with hedging their assets and protecting their wealth. Hardly anyone actually cared about the flowers or watching them grow, which is what everyone was doing at the very beginning.

When things hit the peak, those big-shot players in the "galleries" dumped all their options onto everyone else. They walked away clean, leaving the general public holding nothing but the "physical tulips"—or as we call it today, holding the bag. 🙂

And let’s be clear—tulips still aren't actual currency. ☕

Physical gold and silver can certainly become part of a bubble. Back in 1980 here in the US, there was a moment when the total value of gold held in reserves actually outpaced the actual dollars in circulation. The reality is that hardly anyone cares about precious metals right now, so they aren't in a bubble yet. The fundamental strength of gold and silver is that they can't be easily manufactured, which makes them honest money. For the time being, the whole system lacks that honesty, and eventually, some kind of equilibrium will have to be found.

Gold is actual money! 🙂 If you can't tell the difference between true wealth and just some fiat currency, then you clearly don't get what we "cultists" are all about 😍
Gold is headed for a massive bubble—we're talking the final, explosive stage of a bull market.
🙂

Japan and China are already looking to trade without using the dollar. The world's reserve currency is slowly bleeding out, losing value bit by bit. And honestly? It’s probably for the best, considering the Euro is an absolute dumpster fire right now 😁

Check out this interesting chart I found

http://www.zerohedge.com/sites/defau...20Currency.png

Robert Vaughn10 said:Physical gold and silver can certainly become part of a bubble. Back in 1980 here in the US, there was a moment when the total value of gold held in reserves actually outpaced the actual dollars in circulation. The reality is that hardly anyone cares about precious metals right now, so they aren't in a bubble yet. The fundamental strength of gold and silver is that they can't be easily manufactured, which makes them honest money. For the time being, the whole system lacks that honesty, and eventually, some kind of equilibrium will have to be found.

This isn't just some temporary bubble—it’s actually how things are supposed to work. Volcker and his crew managed to pull off a bit of an illusion this round, but let’s be real: the bill is finally coming due. You can't save paper currency indefinitely without it eventually rotting away from the inside out.

Melissa Sanchez17 said:Gold is actual money! 🙂 If you can't tell the difference between true wealth and just some fiat currency, then you clearly don't get what we "cultists" are all about 😍
Gold is headed for a massive bubble—we're talking the final, explosive stage of a bull market.
🙂

Japan and China are already looking to trade without using the dollar. The world's reserve currency is slowly bleeding out, losing value bit by bit. And honestly? It’s probably for the best, considering the Euro is an absolute dumpster fire right now 😁

Check out this interesting chart I found

http://www.zerohedge.com/sites/defau...20Currency.png

It’s going to be paper in a bubble—not gold. If we decide to pivot back toward a gold standard right now, we’d essentially be triggering a massive correction where gold finally reclaims the true value that has been suppressed ever since the Federal Reserve was established back in 1913. In that scenario, fiat currency would simply plummet into an abyss, while gold stays exactly where it belongs: right where it has always been. ☕
Now, we just have to sit tight and see how this all unfolds—it's going to be interesting to watch the finer details play out. 🍿

Brothers in Gold and Silver. It’s coming. That day when the DJIA hits parity with Gold, when the gold-to-silver ratio drops to <15... All this fiat stuff? Gone. Just poof. Only real money will be left standing... Gold and Silver! They try to tell us our money is in a bubble, but they've got it backwards. How can Gold and Silver be in a bubble? They don't get it. They aren't built to understand. But the day is close. It's right there on the horizon... and once again, the world is gonna see what real money actually looks like. So stay steady, brothers... keep stacking those ounces and remember... at the end of the day, it's all about the ounces. Because Gold and Silver are the only REAL money. Everything else is just fake.
Amen

🙂

The first argument I've seen: "I can't possibly lose money on Gold and Silver because the number of ounces I own stays the same!"🙂

...what absolute BS.

Does that mean physical real estate can't be in a bubble either? Or maybe physical tulip bulbs?

🤣 That's a fair question..

It's funny how people spin things to suit their own narrative. Metals have been undervalued for fifty years; they're just now finally reaching their true value. Just you wait.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford @Francisco

@Patrick Moore3
Either way, it gave me a good laugh.

ironstag8, you're wasting your breath trying to explain things to people who can't even tell the difference between commodities and cash, let alone distinguish currency from money itself...
Everyone laughing at us just doesn't realize the entire paradigm is shifting.

Come on, take the joke for what it is... 😉

There's no point arguing anymore anyway... You guys think Gold is money, but for us, it's just commodities, and we aren't budging! Even if we go in circles a hundred times, nobody changes their mind... So why not just have a little fun with it? 🙂

Anthony Evans78 said:ironstag8, you're wasting your breath trying to explain things to people who can't even tell the difference between commodities and cash, let alone distinguish currency from money itself...
Everyone laughing at us just doesn't realize the entire paradigm is shifting.

I’m just killing a little time on the forum today. It’s honestly pretty obvious that the vast majority of people here don't truly grasp what’s actually going on—and frankly, if they did understand the underlying mechanics of these crises, we wouldn't be having them in the first place.

Patrick Moore3 said:Come on, take the joke for what it is... 😉

There's no point arguing anymore anyway... You guys think Gold is money, but for us, it's just commodities, and we aren't budging! Even if we go in circles a hundred times, nobody changes their mind... So why not just have a little fun with it? 🙂

I’m always down for a good laugh—even if the joke is at my own expense. We'll just have to wait and see who ends up laughing last. 😉

ironstag8 said:This isn't just some temporary bubble—it’s actually how things are supposed to work. Volcker and his crew managed to pull off a bit of an illusion this round, but let’s be real: the bill is finally coming due. You can't save paper currency indefinitely without it eventually rotting away from the inside out.

It’s going to be paper in a bubble—not gold. If we decide to pivot back toward a gold standard right now, we’d essentially be triggering a massive correction where gold finally reclaims the true value that has been suppressed ever since the Federal Reserve was established back in 1913. In that scenario, fiat currency would simply plummet into an abyss, while gold stays exactly where it belongs: right where it has always been. ☕
Now, we just have to sit tight and see how this all unfolds—it's going to be interesting to watch the finer details play out. 🍿

I still can't wrap my head around how Gold could ever function as actual money, considering there simply isn't enough of it to cover the total value of all the goods and services moving through the global economy...

Here’s another one convinced there isn't enough... of course there is, the only real question is what the price tag will be eventually...
There isn't even enough cash on hand right now to cover all the goods, services, derivatives, and everything else, yet we still find ways to make it work...

I say, let’s all head down to our local banks tomorrow and try to withdraw every single cent of the cash sitting in our accounts—then we can see if it actually exists. Once the dust settles, those defenders of this smoke-and-mirrors system will start lecturing us about M1, M2, or M3, or trying to justify fractional reserve banking. Honestly, if someone doesn't view this whole fractional nonsense as a straight-up heist, they’re clearly out of their mind. All of this—all these complex terms—is just a fabrication designed to allow people to spend money they haven't actually earned. It's a mechanism for politicians to run up massive deficits to fund their next election cycles, endless wars, or various private, greedy agendas... things like paying out dividends to private individuals or the shareholders of the Federal Reserve (who, let’s be real, don't have actual reserves—just an infinite supply of digital ether they pump into the system). It allows these central bankers to inject unbacked liquidity into the economy while collecting interest they haven't earned from hardworking people who have to physically labor to pay back debt—debt that is mathematically impossible to repay, because to settle one loan, you have to take out another one plus interest, which means heading right back to the dealers of fog and ether to ask for another fix.
There is plenty of gold and silver out there to meet legitimate monetary needs, but there certainly isn't enough to fund insane deficits or the greedy desire to get rich overnight in financial casinos that exist solely for their own sake. If the fundamental idea of building wealth through labor, production, and long-term saving is somehow "unacceptable," then gold won't be acceptable to them either. The vultures—the corrupt officials, kings, prime ministers, dictators, presidents, and generals—who want everything immediately (whether it's power, control, war, or seizing another nation) need cash right now. So, they simply print as much as they need until the whole thing collapses. This isn't a new trick; it’s how Ancient Rome fell, how the Byzantine Empire crumbled, how paper currencies failed in China, and there are countless examples throughout history across Europe...
The bottom line is simple: spend only what you actually have. It comes down to common sense versus pure greed. That is why gold and silver are referred to as "honest money." The paper currency we use today is nothing more than a dirty counterfeit with zero backing.

Spot on, man.
Of course, they'll just label you a conspiracy theorist again. 🙂

The Guru strikes again. This guy is actually unhinged. First, he tries to pass off this nonsense chart as some kind of groundbreaking insight into hot water trends

http://www.businessinsider.com/chart...ess+Insider%29

and then—get this—he actually has the nerve to tell people today is the perfect time to go all-in on stocks😂
I mean, seriously? Just take a second to actually study the damn chart and see where it’s heading. I’m gonna try to leave a comment on his article, though I’m pretty sure I’ve been permanently banned from his little circle already😍

Basically, we’re looking at a massive red flag here—the actual amount of money backed by real-world value is shrinking compared to this mountain of speculative cash, interest on top of interest, and those general paper bubbles that have absolutely zero foundation in reality.
When you look at where the West is dumping its resources lately—dealing with scams like Meta or basically sawing off the very branch they're sitting on—it’s pretty hard to see any kind of bright future in this mess.
But regarding PM, the real question I'm asking is: who actually wins and who loses when we introduce PM as the new backing for currency? It’s obvious the collectors win, but let’s be real, the collectors aren't the ones calling the shots. The people making the decisions are the ones running the political show right now. They love the current fiat setup; all they need is a minor "adjustment" to win back some semblance of trust.
Or maybe it'll be one big theatrical production. Are we going to go to war, say against Iran? But honestly, we already sold that script in Iraq and Afghanistan, and it didn't do much for anyone except line the pockets of a few people with massive profits.

ironstag8 said:The core issue here—something we really need to grasp—is the distinction between money and commodities, services, and so on...
Silver and gold represent money, whereas everything else simply doesn't. Historically speaking, whenever currencies have decoupled from money, things have gone south fast.
If a crowd of sheep convinces themselves that real estate, tulip bulbs, stocks, or some Facebook nonsense can hold value, then greed can drive those prices into unrealistic, illogical territory—which is how you get a bubble. On the flip side, gold and silver don't "inflate" in that sense; they *are* money. They serve as a medium of exchange with intrinsic value derived from properties that nothing else possesses (that’s why they matter). For something to truly qualify as money, it
:
it has to be liquid, easily portable, durable, fungible (which is precisely why diamonds or real estate fail this test and can't be considered money), divisible into smaller units without losing value, and difficult to counterfeit.

Real estate and tulip bulbs lack these specific traits—they aren't even permanent—so they shouldn't be compared to money. You can compare the value of a house or a bulb to another good or service, but you shouldn't compare them to a medium of exchange (in the sense that they are the same thing as money) used to trade those goods and services. If some fool decides a house is worth, say, $5,000 or 4 ounces of gold, and another fool believes him, all that does is inflate a bubble; eventually, unsold properties rot, plenty of idiots lose their shirts, and gold just stays right where it was.

If you try to measure the value of gold or silver using something like a fiat currency—which essentially holds no inherent value—you start to see just how warped this entire financial system is. It’s no wonder the whole thing is such a massive mess. Every single time people tried to play games with money by attempting to turn things that aren't money into money, the masses ended up broke and sheared like sheep. This system is rigged to benefit a tiny few at the expense of everyone else. The "beauty" of it for that elite group is that the majority of people will fight tooth and nail to defend and maintain this very system. That continues right up until the moment the structure starts cracking—and that's been happening for a while now (though if you ask me, the cracks started appearing the day Nixon signed his name to it).

And one last thing. You *can* compare real estate or tulip bulbs to fiat currency because both are subject to bubbles, which is exactly what we're seeing right now. Why is that possible? Because fiat currency isn't actually money.

And what, exactly, is the actual utility of gold? What can one truly accomplish with it? You cannot eat it—certainly not—you cannot use it to warm your home, you cannot grow crops upon it, nor can you live inside it... it serves no practical purpose in any meaningful sense.

Gold, much like any other currency, possesses value only insofar as the rest of society agrees that it does...

Beyond that, it simply fails to generate any tangible value—on a farm, you can plant crops to sell; in the woods, you can harvest timber for profit; but with gold, you’re left doing nothing but waiting for some sucker willing to pay an even higher price...