Prophecy

I think gold will crash priced in silver, but will shoot up priced in fiat

The QC at The Royal Mint especially regarding bullion is pretty questionable at times. Looks like the person in charge of setting the die lost a bit of his lunch in it. ROYAL MINT - PLEASE DON'T SET THE DIE WITH A SANDWICH IN YOUR MOUTH!

I am a fact and so is my wife

Not biased source at all there😜

This guy's small youtube channel does a little sensible digging around the subject. He's like you or me rather than someone with business in gold or the markets so his investigative data analysis skills are worth a share
https://www.youtube.com/user/belangp
 

Based on my forum research, the only person in here who can accurately predict the future for gold over the coming year is @Danny-boy McFly.

Are they legal tender?
If so, I see no downside in buying.
You practically exchange 100 euros from your account(or from your wallet) for a 100 euros coin. Made of silver.
If silver price tanks, you still have  a coin worth 100 euros.
If silver price shoots up, you can sell it for the metal content.

This guy's small youtube channel does a little sensible digging around the subject. He's like you or me rather than someone with business in gold or the markets so his investigative data analysis skills are worth a share
https://www.youtube.com/user/belangp
 

This guy's small youtube channel does a little sensible digging around the subject. He's like you or me rather than someone with business in gold or the markets so his investigative data analysis skills are worth a share
https://www.youtube.com/user/belangp
 

No gold standard that we have to worry about any more but... there are still statutes that the federal reserve and its state subsidiaries need to have some form of gold backing their finances in some obfuscated and plausibly deniable way. You could say that the gold standard has become uncoupled and gone super super underground... It can't be just tradition that the fed moves its gold allocations between its subsidiaries all the time to balance their enormous books.
 
 

https://etfdailynews.com/news/why-do-central-banks-keep-buying-gold/
For me every country is on a gold standard (albeit in the background). The Dutch Central Bank explains:
“If the entire system collapses, the gold stock provides a collateral to start over. Gold gives confidence in the power of the central bank’s balance sheet. That gives a safe feeling.”

The QC at The Royal Mint especially regarding bullion is pretty questionable at times. Looks like the person in charge of setting the die lost a bit of his lunch in it. ROYAL MINT - PLEASE DON'T SET THE DIE WITH A SANDWICH IN YOUR MOUTH!

Happening in all currencies.

TBH I wouldn't want to be in a financial/investment forum where everyone is bullish. It then becomes a race to see how many people climb up each other's arses. Nom nom. Wanger is a good balance, albeit a bit fruity with the principles of hypothesising

I've had a couple of Douro sovs but decided not to keep them I thought as the provenance would become difficult as time went on. Mine didn't come with a certificate but were bought from the person who purchased them from the Spink auction with a receipt which obviously included the lot number. I was able to check the coins against the auction catalogue but didn't think this was something that could be relied upon long term.

If I had to bet, it's likely China then Russia.
I don't believe the US owns the gold they claim. If they did then why do they fear a third party audit so much?

There are rumours that China is lying about their reserve holdings....... some say they have over 20,000 tons instead of the stated 2,000 because they have the most productive gold mines in the world, state owned, and none of that gold leaves their country. All part of their plan to make their currency replace the dollar internationally. Considering the CCP lies about everything, it really wouldn't surprise me.

The one thing the West should be worried about (if we/they care about 'leading' the world) is a China WITHOUT the CCP. A fully democratic China - imagine a China sized Taiwan - would be twice as powerful and more ACCEPTED than CCP China is now. For China to take its place in the world they actually want to be in... they have to get rid of the CCP. 

In all seriousness, you will not see India getting into bed with China any time soon.

I have, there are so so many documentaries about the West's finances though. Everyone's looking for the new bogey man, the tangible image of something that is, frustratingly, so esoteric and abstract as to be impossible to explain. Yet so simple once/if it actually happens. Thar be dragons over thar.

Thankfully, with the CCP in control of China, the world won't accept the Yuan as main reserve currency. The country is too dishonest and closed to scrutiny to form any sense of reassurance from any country worth its salt. We were happy to trade with it but no one will stand for anything more.

For U.K. investors, I see a decent 6/12 months for gold given Boris has repeatedly stated they aren’t going to return to austerity and we should be leaving the E.U in December I can see the £ hitting parity with the dollar so that’s 18% just on currency.. For anyone calling me crazy Raoul Pal is also  touting pound dollar parity...
https://www.google.co.uk/amp/s/metro.co.uk/2020/05/15/boris-johnson-rules-return-austerity-fund-coronavirus-bill-12711625/amp/

Gold will not be allowed to go up by such margins whilie the likes if china, india and russia hold so much of it, youd be handing the keys to your house to the very people the west doesnt want to be our landlord...the west puts value in the things it has or can control, if it cant it promotes and trades it to stay low or managable

Ive given in to the pressure and gone all in on gold with all the spare cash i had. Just hope it goes up from here.
Cant wait to recieve my new haul.... a single 1/40 ounce gold britannia its not much, but its better then nowt hahaha 

Now there's a shortage of physical in London as well as New York.
https://www.bullionstar.com/blogs/ronan-manly/amid-london-gold-turmoil-hsbc-taps-bank-of-england-for-gld-gold-bars/
This is like the jimmy Saville case. It can only be hushed for so long. The truth will out eventually.