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Posted on 01/26/2026 10:19:03 AM PST by SeekAndFind
Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment. Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability.
What makes this moment different is not simply the level of prices, but the speed and unanimity with which investors have arrived at them. Gold did not grind higher over a decade of slow erosion in confidence. It vaulted. Silver did not lag patiently behind.
It followed with force over a scant few weeks. When both monetary metals move sharply and together, the message is rarely ambiguous. Markets are no longer hedging against inflation alone. They are hedging against disorder.
The dollar is central to this story, not because it is uniquely weak, but because it is uniquely burdened. As the world’s reserve currency, it is expected to do everything at once: anchor global trade, absorb fiscal excess, fund expanding security commitments, and remain stable despite chronic deficits.
That balancing act has always depended less on arithmetic than on belief. Gold at $5,000 suggests that belief is breaking.
This is not a vote against America in isolation. It is a broader rejection of fiat governance as currently practiced. Across advanced economies, governments have promised too much, borrowed too freely, and postponed adjustment too long. Debt trajectories are treated as abstract concerns, deficits as permanent fixtures, and currency debasement as a policy tool rather than a warning sign. The result is not a sudden crisis, but a steady erosion of trust…until it accelerates
(Excerpt) Read more at americanthinker.com ...
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Gold is rising not because investors expect hyperinflation tomorrow, but because they no longer trust tomorrow’s rules. Fiscal discipline has been replaced by political convenience.
Central bank independence has blurred under pressure from markets and ministries alike. Emergency measures have become normalized. What was once extraordinary is now routine. In such an environment, holding a neutral, non-liability asset stops looking paranoid and starts looking prudent.
We are all gonna die!!
If gold is so valuable why so many gold dealers advertise SELLING gold? You would think they would be buying gold.
It’s actually also a reflection of its pricing in the declining American dollar.
Meanwhile, silver’s now up over $115.
The global monetary system is going to change. You can feel it coming. I’m not sure what it will be like, but it will be ... different.
traders trade.
“If gold is so valuable why so many gold dealers advertise SELLING gold? You would think they would be buying gold.”
There is no business that can exist on hoarding their wares. Gold and silver dealers make money on the buy/sell spread. Per ounce, you’ll pay about $60-$100 over spot to buy and lose $60-$100 to sell gold.
Gold dealers sell gold at a currency price higher than “spot” and buy gold at a currency price lower than “spot”. They make money on that margin. The spot price is almost irrelevant to them ... its only real use to gold dealers is advertising.
The reason is, they buy below spot and sell above.
Capitalism.
Who could look at the antics of President Autopen and not anticipate this?
Trump’s robust economy was thoroughly destroyed.
Why are dealers selling? Because that’s the business they’re in. They’re buying, too. The difference between their buy price and their sell price becomes their profit.
Some dealers are fairer to their customers than others.
f gold is so valuable why so many gold dealers advertise SELLING gold? You would think they would be buying gold.
You try getting that price from a dealer.
My husband went to a local dealer to see what they’d pay him for some 1964 Kennedy halves. They offered him less than half their worth. Nobody near us is willing to pay the going price.
That’s what I thought. Try selling silverware at price quoted on Wall Street.
The article didn’t imply that we’re all gonna die. It stated that the dollar (and other currencies) are dying due to mismanagement on a vast scale.
Agreed. And I often look at the dollar index DXY to see how the U.S. dollar fares against other currencies. Usually it rises, showing that other currencies are devaluing worse than ours. But in the past year it's down about 10% from 107 to 97.
Meanwhile, silver’s now up over $115.
The central banks were able to suppress the price of the metals for years. They hoped to keep the lid on the fact that gold and silver would tattle on their currencies' weakness. So they sustained the fiction by shorting metals any time they began to break out. That game is now over.
> Meanwhile, silver’s now up over $115. <
It seems to be around that price. So out of curiosity, I just looked up the price of one silver Washington quarter. It’s around $20.
Looks like I made a mistake by collecting baseball cards when I was a kid. I should have been collecting Washington quarters.
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