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Gold: Past, Present, and Future

Started by Nancy Gomez26 · · 👁 19 views · 311 replies

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Participants Nancy Gomez26Henry Martinez27Michael Morgan5Melissa Sanchez17Larry Wilson25Robert Vaughn10Nathan Morris3Anthony Evans78Lisa White10hollowmoose21dustyheron5Daniel Barnes53fadedraven682velvetfalcon44rowdypilot19Taylor Edwards80Jeffrey LongJoseph Fisher2Gerald Palmer66Gregory Wells5Amanda Allen4hiddensailor14briskeagle3ironstag8 …
wiredorca22 wiredorca22 Newcomer
6 messages
joined Jul 2019
#201 ·
For an average guy like me, holding physical gold over the long haul feels like a bit of a reach.
Given how aggressively we're seeing capital controls expand and the push toward a completely cashless society, I feel like having some tangible assets isn't just a choice—it's survival.
http://www.gold-eagle.com/article/go...-slides-part-5
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#202 ·
wiredorca22 said:For an average guy like me, holding physical gold over the long haul feels like a bit of a reach.
Given how aggressively we're seeing capital controls expand and the push toward a completely cashless society, I feel like having some tangible assets isn't just a choice—it's survival.
http://www.gold-eagle.com/article/go...-slides-part-5

This is less about the article and more about the observation.
Look at silver. In 2001, it was barely $4 an ounce. Today? Roughly $16. Gold moved from somewhere around $270 up to the current $1,250 range. It’s an obvious long-term bull trend.
If you look at a two-year window, these two metals have a correlation of about 90%. Specifically, during the US withdrawal from international treaties, silver hit $21 while gold sat near $1,350... compared to 2001 levels, that shows a very high degree of correlation between these two monetary metals. As for those massive spikes in silver, like back in 2011 when the correlation shot well above 100%, we can discuss that later.🙏

"Bring me that Republican Party."
wiredorca22 wiredorca22 Newcomer
6 messages
joined Jul 2019
#203 ·
I am one hundred percent committed to gold; I plan on riding this wave all the way until my exit.
Given how much it has accumulated and its upward trajectory, I find myself increasingly preoccupied with the prospect of sweeping capital controls.
My strategy is simple: double down on the strongest assets while preparing an exit to counter what feels like a coordinated, almost supernatural effort by the powers that be to tighten the noose on our financial maneuverability.
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#204 ·
Picking up where I left off... Why use 2001 as our benchmark?
That was the year the Federal Reserve slashed rates to 1% to stave off a prolonged recession—which, granted, worked. So, fine.😉
My only question is this: why did you slow down THE VELOCITY of money between 2014 and 2017? It looks like a way to mask bailouts and quantitative easing. And if the crisis is truly over, why aren't we aggressively hiking rates to 4-5% right now? As it stands, there's a zero percent chance of a hike in September, and only a 48% chance by December. How does that work? To put it in "white collar" terms: you claim you aren't sick anymore, yet you're still popping pills. It’s been nearly ten years since Lehman Brothers collapsed, and you're still on the medication. Interesting.
Go to five percent immediately...😉
The bottom line: you lack both quality and speed.

"Bring some quality to the table immediately, or we're out."
wiredorca22 wiredorca22 Newcomer
6 messages
joined Jul 2019
#205 ·
There are far too many unknowns here to give a definitive long-term answer.

The shift toward Cashless will essentially force us to find alternative ways to make anonymous purchases.🙂
Andrew Barrett4 Andrew Barrett4 Active Member
163 messages
joined Jan 2018
#206 ·
Here it is. (Though honestly, if it wasn't crypto, you'd still be facing some level of competition here.)

I’ve always leaned toward small bullion, Philharmonic coins, or Krugerrands. There’s just something about being able to pick those up somewhat under the radar. In my opinion, everything else eventually gets eaten away by fees, storage costs, and all that other nonsense.

If we’re talking about standard portfolio balancing, I wouldn't go over 5-15%. That's really only meant to act as an antagonist to everything indexed—you know, something to hold steady when the indices decide to tank.

But if you're actually looking at the 'apocalypse' scenario—preparing for a true black swan event—then it’s not about percentages. It’s about how much physical wealth you can actually carry with you.🤣
Larry Wilson25 Larry Wilson25 Active Member
74 messages
joined Jan 2018
#207 ·
It’s not long before this stuff hits a 1:10 ratio with crypto. 😢
ironstag8 ironstag8 Active Member
105 messages
joined Apr 2019
#208 ·
With what?
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#209 ·
ironstag8 said:With what?

Clif High was rolling his eyes and mentioning 13,800 for Bitcoin...
Right. No joke. Makes me want to go grab a burger and forget this tech stuff exists.
Also...

"walk into a lecture hall"
briskeagle3 briskeagle3 Active Member
59 messages
joined Dec 2012
#210 ·
Robert Vaughn10 said:Clif High was rolling his eyes and mentioning 13,800 for Bitcoin...
Right. No joke. Makes me want to go grab a burger and forget this tech stuff exists.
Also...

"walk into a lecture hall"

On one hand, they're hell-bent on trashing fiat currency... but then they turn around and use that exact same paper to try and anchor the value of digital coins—completely forgetting that a nuclear blast triggers an EMV that wipes out all electronics. Without the tech, there's no crypto... unlike gold...

Actually, gold holds up against radiation even better than lead does...
Steven Perez60 Steven Perez60 Member
12 messages
joined Jan 2018
#211 ·
briskeagle3 said:On one hand, they're hell-bent on trashing fiat currency... but then they turn around and use that exact same paper to try and anchor the value of digital coins—completely forgetting that a nuclear blast triggers an EMV that wipes out all electronics. Without the tech, there's no crypto... unlike gold...

Actually, gold holds up against radiation even better than lead does...

If a nuclear disaster actually hits, my first thought would be: "Man, where's my cash?" Honestly, thank god I've got an ounce in my pocket. Less headache later.🤣

Also, just because you can still walk into a Chase Bank and pick up physical bills doesn't mean most money isn't already digital anyway.
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#212 ·
briskeagle3 said:On one hand, they're hell-bent on trashing fiat currency... but then they turn around and use that exact same paper to try and anchor the value of digital coins—completely forgetting that a nuclear blast triggers an EMV that wipes out all electronics. Without the tech, there's no crypto... unlike gold...

Actually, gold holds up against radiation even better than lead does...

I have to say something here... most people fail to grasp how likely a total collapse actually is, let alone its inevitable nature. If you want a real indicator, look at the M0 money supply in Dollars. It tells a clear story. There is still some time left...

"☕"
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#213 ·
Accident on the Beltway:



"Everything's fine, nobody's at fault."
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#214 ·
Robert Vaughn10 said:The logic here is fairly obvious:
Parkinson's, a wheelchair, a fall; what comes next?

http://www.silverdoctors.com/headlin...-911-ceremony/

"pay attention"

This is becoming crystal clear, at least to me. One might suggest keeping these "details" in mind for perhaps three or four years down the line. By 2020, one could use these exact sequences to decide how to play the market. Take the Trumpist and his repeated announcements about needing a weaker dollar. You can see it reflected in the USDX, which dropped to 93. We are already sitting at 1.18 dollars per Euro, a far cry from the 1.04 level we saw when the USDX was at 102. According to Jim Rickards, we could be looking at 1.30 per Euro in about six months. Whenever the dollar takes a serious hit, it signals global inflationary shifts.
On the other hand, regarding the silver market, it’s clear if there isn't a sudden shock, two things follow: First, we face short-to-mid-term stagnation; it will be hard to rally next year, especially until we break past the magic 20-21 USD mark. Second, there is a long-term desire for an upward move, which is evident if you compare daily silver analyses from different years to see the pattern.
And a third possibility...
Who will run to the corner store for matches or beer before the closing bell, and who will go out to buy a new iPhone or a desk chair... well, that remains to be seen.

"reconsider this entry in a year"
slybadger12 slybadger12 Newcomer
1 message
joined Aug 2019
#215 ·
Gold has been stuck in this consolidation phase for ages, and honestly, it feels like we've squeezed every last drop out of this bear market. If a breakout happens, it’s going to be massive. This quiet period is the perfect window for accumulation—I’d be looking to load up while it's sitting under $1,300. Everyone is obsessing over Bitcoin right now, but remember how silent everyone was when it was hovering around $300 a couple of years back? It’s the exact same story here. People probably won't even start buzzing about gold until it clears $1,500. Even the most die-hard gold bugs have thrown in the towel, and since they usually act as a great contrarian indicator, that tells me something big is brewing.
dustyheron5 dustyheron5 Regular
353 messages
joined Nov 2015
#216 ·
Tim Knight — Gold and miners have finally broken out toward the upside...

http://slopeofhope.com/2017/08/gold-...-bust-out.html
Robert Vaughn10 Robert Vaughn10 Regular
308 messages
joined Feb 2019
#217 ·
Scientific Publication:



"Check every single indicator."
hollowmoose21 hollowmoose21 Active Member
66 messages
joined Jun 2010
#218 ·
dustyheron5 said:Tim Knight — Gold and miners have finally broken out toward the upside...

http://slopeofhope.com/2017/08/gold-...-bust-out.html

That lunatic Kim looks like he dropped an H-Bomb this weekend. Are we hitting 1380 soon?
Melissa Sanchez17 Melissa Sanchez17 Regular
359 messages
joined Feb 2019
#219 ·
hollowmoose21 said:That lunatic Kim looks like he dropped an H-Bomb this weekend. Are we hitting 1380 soon?

Hell no!!

https://www.armstrongeconomics.com/w...-his-launches/ ☕
hollowmoose21 hollowmoose21 Active Member
66 messages
joined Jun 2010
#220 ·
Who's trading? 😵 🤣
I mean, he could actually pull it off. Buy some S&P puts and go long on gold on Friday, let a few H-Bombs drop over the weekend, and boom. 😬

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