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Reputation Activity
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katyc got a reaction from Gruff in Gold Monitoring Thread £ GBP only
Well, I can't seem to react to anything as my Platinum membership is showing as basic (despite the usual DD clearing today). Anyone else having problems? 🤷♀️
£1864
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katyc got a reaction from bobski in Gold Monitoring Thread £ GBP only
Well, I can't seem to react to anything as my Platinum membership is showing as basic (despite the usual DD clearing today). Anyone else having problems? 🤷♀️
£1864
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katyc got a reaction from ZRPMs in Gold Monitoring Thread £ GBP only
Well, I can't seem to react to anything as my Platinum membership is showing as basic (despite the usual DD clearing today). Anyone else having problems? 🤷♀️
£1864
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katyc got a reaction from MrStacker in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc got a reaction from Gruff in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc got a reaction from Maxx546 in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc got a reaction from Skyfiller in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc got a reaction from Goldfever20 in Gold Monitoring Thread £ GBP only
Why thank you!
See above post
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katyc got a reaction from Goldfever20 in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc got a reaction from timsk in Silver Monitoring Thread £ (GBP) only.
I've just done a bit of sick in my mouth
(goes to check there's any brandy in the house)
Talk below £20: REPORTED
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katyc got a reaction from HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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katyc reacted to James32 in Gold Monitoring Thread £ GBP only
Pretty sure @stefffana has pictures taken in person from your garden.
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katyc reacted to ZRPMs in Gold Monitoring Thread £ GBP only
Not wanting to imply anything but the pic above is a gif of a football team hugging.
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katyc got a reaction from CaptCaveMan in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.