Gold: Past, Present, and Future

If this turns out to be true, all bets are off...
http://www.debka.com/article/21673/

Anthony Evans78 said:If this turns out to be true, all bets are off...
http://www.debka.com/article/21673/

Why?

Are you actually serious right now? 🙂
I'll assume you aren't joking...
What do you think happens if India and Iran start trading gold for oil? You really believe that won't cause some major chaos?
First off, gold prices would skyrocket. Second, it speeds up the death of the dollar. Third, what happens to the countries that don't have access to either dollars or gold? And fourth, do you honestly think the USA is just going to sit there and watch this unfold?
Don't you realize that Saddam and Gaddafi paid with their lives because they dared to suggest moving away from the dollar and establishing a gold standard in the Middle East?
I guess you can figure the rest out for yourself...

Anthony Evans78 said:Are you actually serious right now? 🙂
I'll assume you aren't joking...
What do you think happens if India and Iran start trading gold for oil? You really believe that won't cause some major chaos?
First off, gold prices would skyrocket. Second, it speeds up the death of the dollar. Third, what happens to the countries that don't have access to either dollars or gold? And fourth, do you honestly think the USA is just going to sit there and watch this unfold?
Don't you realize that Saddam and Gaddafi paid with their lives because they dared to suggest moving away from the dollar and establishing a gold standard in the Middle East?
I guess you can figure the rest out for yourself...

You totally caught me off guard🙂

Looks like we're getting some fresh updates regarding the petrodollar

http://goldsilver.com/news/uae-china...-oil-for-yuan/

I’m genuinely curious if gold and silver can actually break through these resistance levels—the US and Europe have certainly been printing money like there's no tomorrow lately...
http://kingworldnews.com/kingworldne...ime_Highs.html

dustyheron5 said:I’m genuinely curious if gold and silver can actually break through these resistance levels—the US and Europe have certainly been printing money like there's no tomorrow lately...
http://kingworldnews.com/kingworldne...ime_Highs.html

Man, I wish, but I honestly don't think they will. These cartels are still holding all the cards! And the stuff they're pulling with silver? It's absolutely insane.

Gold prices are absolutely skyrocketing☕

Of course they're leaving.
It's just not going to happen all at once, right?

dustyheron5 said:It’s classic AT&T—always timing these uncomfortable announcements right before the weekend. It gives investors, hedge fund managers, and the rest of the crew enough time to knock back a few Nomobals or Apaurins just to stay calm until Monday.🤣.........that way they don't go making any reckless moves before heading out on a fishing trip for the next few months.😍

If Italy is rated BBB, then what does that make us? Some kind of bottom-tier joke?😂

BBB-, which is basically just one tiny step above junk bonds (for those long-term loans).

-briskjackal5

Anthony Evans78 said:Of course they're leaving.
It's just not going to happen all at once, right?

Most likely within this decade—if not this one, then definitely the next!😍

It started bubbling up last decade, but this year? It’s about to blow wide open.
Have you heard the rumors about Indians buying oil from Iranians using gold?☕

Anthony Evans78 said:It started bubbling up last decade, but this year? It’s about to blow wide open.
Have you heard the rumors about Indians buying oil from Iranians using gold?☕

That's all just hearsay. If that were actually happening, gold prices would have skyrocketed instantly. Just a few days ago, you mentioned silver jumped 5% in a single day because some big player was supposedly buying it up for their clients.

Said what she said? Please...
What we wrote was the truth. Eric Sprott is trying to scoop up millions of ounces, and he’s struggling. Why? Because you can't just pull that much capital out of thin air at once.
And I don't know how many times I have to say it: the paper price doesn't matter.
Nobody expects gold prices to skyrocket overnight, even given the current mess. When Nixon decoupled the dollar from gold, it still took four years for the price to jump from $35 to $170.

Not bad at all 👏

Eric Sprott—gold hitting $2,000/oz before year-end, silver climbing past $100/oz...

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

It's option expiry day, so we're likely looking at another dip in gold and silver prices 🙂

Anthony Evans78 said:It started bubbling up last decade, but this year? It’s about to blow wide open.
Have you heard the rumors about Indians buying oil from Iranians using gold?☕

Yeah, I’ve heard. But honestly, dealing with Iranians is a whole different ballgame—they operate on their own wavelength. You've got massive inflation, so they rely heavily on gold or the US dollar just to keep any sense of value, plus there are limits on how much gold an individual can actually buy, all while demand stays through the roof. On top of that, they seem to be carving out their own little set of rules.

Everyone seems to have a problem with the reserve currency. 😁

analogharbor44 said:That's all just hearsay. If that were actually happening, gold prices would have skyrocketed instantly. Just a few days ago, you mentioned silver jumped 5% in a single day because some big player was supposedly buying it up for their clients.

I suppose this is just one of those things where people are starting to whisper about it. It’s one thing to hear a rumor, but it’s a completely different animal once it actually turns into a mainstream trend.

The dollar really did sell its soul just to stay relevant, didn't it?🤣