[Perseverando]

GC=F is @ $1823.50 a moment ago. And the National debt just keeps plugging away: https://usdebtclock.org/

[Perseverando]

Let’s try that again: https://usdebtclock.org/

[Alberta's Child]

I still think DEFLATION is a bigger threat here. and with oil still down below $45/barrel I don’t see an across-the-board hike in commodity prices that I’d expect in an inflationary environment.

This may be tied to the news that broke last week about the phony gold reserves in China.

[faithhopecharity]

one of the results of the virus scare Lockdown has been some much, much higher costs for many groceries, restaurant food, and a number of additional things in the marketplace

which is a clear form of inflation, yes

[Nateman]

I remember when gold was at 300$ . At the time I wish I had some cash because I would have bought all I could.

[wny]

I’ve been invested in the gold sector for 10+ years, I read/have read many, many different newsletters, interviews, sector research publications, etc. I have never heard of any of the “analysts” quoted in this article. when the non-gold investors start paying attention, you know it’s taking off.

[Scott from the Left Coast]

Civilization teetering on the precipice of a totalitarian dark age certainly can’t help...

[Billthedrill]

Brass and lead are getting expensive, too. Sign of the times.

[BenLurkin]

Inflation?

You bet your bippy. 70s style.

[No.6]

Fake gold makes real gold rise.

https://www.foxnews.com/us/wuhan-company-now-at-the-center-of-one-of-the-biggest-fake-gold-scandals

[This_Dude]

If someone on this thread could please forgive my ignorance, and explain to me what good gold would be during a societal collapse? You can’t spend it. It’s not actual money. You couldn’t sell it because money would be nearly, if not completely, worthless. Alcohol, ammunition, cigarettes, fuel, medicine, etc. seem to be a more realistic currency than a shiny, soft metal.

I just don’t get how you’re supposed to spend flakes of gold if there’s no more economy.

[jmaroneps37]

“The sky is falling! Oh noes oh noes!!”

[Revel]

Try going direct

https://treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm

[amorphous]

Have you priced a new pickup lately? Especially a heavy duty one?? A nice Dodge Ram with a Cummins diesel will set you back about $75,000!

[Sam Gamgee]

Might have made a bad move selling all my gold investments.

[blam]

Storm Warning