If YOU would like to be on a Gold & Silver PING LIST, please pm me.
The Gold & Silver Ping List covers the following:
Everything Gold & Silver
Stock market investments in mining companies,
etc.
Gold strong.
Blowing up the Fed is an additional boost to gold.
I remain long gold through GLD and the Swiss franc through FXF.
If YOU would like to be on a Gold & Silver PING LIST, please pm me.
The Gold & Silver Ping List covers the following:
Everything Gold & Silver
Stock market investments in mining companies,
etc.
$100s as wallpaper is coming soon.
Mebbe stacks for keeping the home fires burning?
or wheelbarrows full for a loaf of bread?
“ Summary
• S&P 500 (1986–2025):
• Nominal Average Annual Return: ~11.0%–11.5% (CAGR, including reinvested dividends)
• Real Average Annual Return: ~8.0%–8.5% (inflation-adjusted)
• Gold (1986–2025):
• Nominal Average Annual Return: ~6.0%–6.5% (CAGR, based on price appreciation)
• Real Average Annual Return: ~3.0%–3.5% (inflation-adjusted)”
-Grok
The Saudis just announced that they now will be accepting the Chinese yuan as payment for their oil in addition to the dollar. The petrodollar is over and there will be a minimum devaluation of the dollar by a good 30% over the next couple of years. So yes it would be wise to hold your wealth in some sort of hard asset like gold.
"Because gold is honest money it is disliked by dishonest men." - Ron Paul.
Silver would be my go to...
If it Really got bad.
But
We have Trump!
.
Still sitting on a ton of
Brass, Lead and copper.
Cool
My full oz 22ct bracelets and chains I bought from Kuwait City at $300 an oz is working well.
Good to know
.
