Agaupl

Buy it back

See Peter Zeihan for addition to @HonestMoneyGoldSilver points. I’d argue China is at least 4 countries tbh. Trying to incorporate another Taiwan. Which it may well still do/try to do

Which bit?

I mean.. it doesn’t affect my comment. I actually thought you’d agree with on this? No?

Silver price 🤷‍♂️

It’s like invading Poland posting that here🤣 … but yeah silver pops from here imvho. Could be explosive. Like cat in a microwave explosive

I’m touched you’d listen…🤣

Sell it all

IF it happens imvho it will be attached to a huge crisis situation. So for that alone I’m not looking forward to to.

And Ag:paper at the moment? … tbh I’m a gold bug but cheap $ilber is a buy atm for me. The lag is a gift

This is exactly how I work too. I also ‘hold gold’ for exchange in three different currencies to liquidate depending in which is best at that time where the ‘barter currency’ as you say is needed. And oil

Everyone knows they are… but silver much much more. I hold both. If silver moon shoted I’d be very happy. It platinum reacted good parity I’d be in the Caribbean ! I don’t get the residual profit thing. This is the cost of buying and selling anything no?

West has assets too… just is unwilling to exploit them. They prefer to buy from elsewhere to keep their hands green. Very short life on this.

His was the argument Australia used also as it stores its physical holdings in London still. Lots in the ground.

Have you seen Mike malony’s Hidden secrets of money? Your point could be made if any asset.. especially those taxes by the government. An asset that attracts no vat and no cgt is special indeed never mind the additional benefits. If you know a cost free buy in and exit that’s better I’d be very interested. I don’t worry about where other people put their money. I don’t care if they invent reality or not. Each to their own man. I wish everyone the best in their own convictions. I don’t know what you mean by ‘rolling over your money ‘

Exactly… i try to explain it as in hours work unit. If your pay for 1 hr is 1/10 gold. Inflation goes from 2 to 20%… you still earn 1/10th gold. This still buys the same groceries as before. if you get paid in $/£/€/¥ it now buys 20% less over 1 year. so I go back to the point … gold is a store of value. The reason people see it as speculative is because they think a paper token is the immovable (asset) object not the deflating liability.

Exactly

The semantics mean a whole lot. Paper gold is the manipulation and it’s getting caught short. The speculation comes from keeping the price low, not in its sudden rise . This comes from an inability to price control. Imagine an asset that’s manipulation is even greater! The fact this huge amount of CB buying has had such little effect, so far, is very telling.

Fair enough… I think you seem to denigrate gold for some reason. There are no sides or preferences. Horses for courses. Speculate, invest, accumulate wherever you feel best.

Sorry, I don’t t know where you got that from but that’s nonsensical. It’s a store of value… has been for thousands of years. It’s what good does. It’s currency. We may be entering a speculative phase for some. But you can do that with tulip bulbs or seashells. Its lack of utility makes it perfect for currency. It’s relative stability makes it unattractive for speculation vs other unstable assets.

If you are a speculator you don’t buy gold.. you buy gold as a hedge. Investors are seeing the need for a hedge.. not a speculative asset. This alongside currency devaluation and central bank buying is driving gold price not speculation. There’s many more lucrative vehicles for that. Silver and platinum may be seen as speculative, crypto, equities definitely. Gold is different.. hence so many people have hated it for so long.

On the contrary.. gold is not a speculative asset.

No anything real.. oil, gas, chairs, paper, coco, wool .. everything .. not silver though 🤣🤣(joking joking!)

Who knows the future, but I can’t see it in my lifetime. Especially not at the expense of gold. At the expense of usd may be. But I can’t see third nations swapping one paper token for another unless forced to. But from here is gold doesn’t crash down $50-100 pretty swiftly then that’s crazy. Comex is open today

And that sir is why people buy gold. Plenty of people have money in savings accounts… more now interest rates are higher. But this is why people buy gold … and othe real assets. Prepare for the melt-up