Originally Posted by sonatine
Problem is I feel like gold doubles once every 10-15 years, and it happens over 6 months and it just sticks.
It went from 500 to 1K around Y2k
Went from 1k to 2K in 2008
Now its gone from 2k to 2.6K, and probably higher to 3-4K in tbe next few months….. where it will sit for another decade.
Its a terrible investment. But its a lot better idea to own gold than paper cash.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Gold is a tool to be used to solve specific problems.
Problem is I feel like gold doubles once every 10-15 years, and it happens over 6 months and it just sticks.
It went from 500 to 1K around Y2k
Went from 1k to 2K in 2008
Now its gone from 2k to 2.6K, and probably higher to 3-4K in tbe next few months….. where it will sit for another decade.
Its a terrible investment. But its a lot better idea to own gold than paper cash.
As you point out 2000,
2008 and the present circumstances were such moments.
I’ve posted this Fed Funds vs 2yr chart before. Lotta stuff gets triggered. Bingo with your 3 gold dates
Last edited by Sanlmar; 10-05-2024 at 05:49 PM.
trump had 44 cabinet secretaries. 40 of them don't support his 2024 campaign. Zeigt die Nüsse.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
greatness is so underappreciated in here.
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"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
As the SP500 doubles or trebles in the coming decade I might begin asking you to measure gains in gold not dollars.
Eliminate the silliness
As the SP500 doubles or trebles in the coming decade I might begin asking you to measure gains in gold not dollars.
Eliminate the silliness
the only query of import is what % do you hold in physical vs. paper?
let’s get physical. pity the paper fools
the only query of import is what % do you hold in physical vs. paper?
"The founding fathers did not like the idea of the tyranny of the majority ruling the country"
Dan Druff
“I don't know what weapons World War III will be fought with, but World War IV will be fought with sticks and stones.”
Albert Einstein
"Yesterday is history, tomorrow is a mystery, but today if a gift
and that is why it's called the present"
Eleanor Roosevelt
Dude saved America. Also I will say that I have been 100% right about everything.
...................
Good news Tellafriend
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