Posted on 02/23/2025 6:50:25 PM PST by delta7
What are Americans ‘largely unaware’ about?
I guess this includes me....since I’m having to ask 😂
Our country needs to have something in Fort Knox when DOGE comes to inspect. So they’ll borrow from the Middle East.
,,, I wouldn’t go anywhere near paper. I’ve only just started buying gold coins in a hyper modest amount because I’ve seen the price increase over the last year but physical silver... I’ve been there a while. If you don’t hold it you don’t own it.
When will gold hit $5000.
In 2014 you predicted it would be $5000 in 2015.
The big boys are grabbing up gold as fast as they can.
Do the same, before it's too late...
Its already too late.
From a recent FR thread, Paper Gold may mean that a gold bar has been sold +\- two hundred times. The real owner being being the one that takes possession of the bar; the other “owners” get stiffed.
What’s the round trip cost of buying and then selling physical Au in the same day?
My gold cellar is full to the brim.
Are you guys related?
Asking for a FRiend...
If it goes up faster than that, and the public finally catches on, there will be FOMO and it will be unobtainable. Right now, it is still obtainable.
Thx. See my post #10
Not that I am aware.
Thnx...
Attagirl!
Bkmk
What are Americans ‘largely unaware’ about?
———-
Upward Gold moves always signals financial crisis ahead. The last year Gold has reached record highs in every currency in the world, ( 45 percent in USD YOY).
The world’s Central Banks are buying historic amounts of Gold…wholesale and institutional Gold buying is historic, ( from LBMA and Comex thus Gold being shipped in to avoid default) BUT retail US Gold sales have been flat and we now have the lowest premiums in years.
In China, there are lines with a six hour wait to buy Gold, but the four Coin shop owners I know say there is more selling than buying.
Sprott, Morgan, Holter, Schechman, etc, notable PM greats are raising warnings that if/ when the unaware US public jumps in, it will be unaffordable….they bought into the Bitcoins and paper instead? Once Gold pops USD 3,000, USD 5,000 t/ounce will be the next stop- then truly unaffordable.
“Upward Gold moves always signals financial crisis ahead. The last year Gold has reached record highs in every currency in the world, ( 45 percent in USD YOY).”
In 2014 you predicted gold would hit $5000 in 2015 with a financial crisis to follow soon in the same year.
Neither happened.
“but the four Coin shop owners I know “
Caesar’s bust
He was also sued that year by regulators and the receiver for his bankrupt firm, who demanded that he surrender 102 gold bars, 699 gold coins, an ancient bust of Julius Caesar, and rare coins valued at $12.9 million. Armstrong said he’d given the assets away, but a judge didn’t believe him and locked him up him for almost seven years, then the longest jailing ever for civil contempt in a federal white-collar case.
Armstrong later spent another five years behind bars after pleading guilty to conspiracy. He wasn’t released until 2011, when he returned home to southern New Jersey and began holding conferences for his followers.
https://www.latimes.com/business/la-fi-coins-martin-armstrong-20190613-story.html
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