Hamartia Antidote
ELITE MEMBER
- Joined
- Nov 17, 2013
- Messages
- 35,188
- Reaction score
- 30
- Country
- Location
The Dow Jones Industrial Average DJIA+0.02% closed 220.75 points, or 0.8% higher
Putting a stack of gold in a hole for safe keeping is not going to move your country forward. There’s even a story in the Bible about how stupid that is.
Buy as much Gold, Platinum, Palladium and Silver and other precious metals to stack during their times of plenty. Even have banks borrowing money to mop up the physical gold at cheap prices. Idiots keep the price of gold low to keep the dollar valuable. Gold and the Dollar are enemies. As are Gold and bitcoins. Because with the many billion market cap of bitcoin, investment to a speculative market - leaves gold investing and enters bitcoin investments. This has been keeping gold low.
If everybody dumped the dollar in traditional countries, I would expect the dollar to fall then rise, as 500T in Rothschild wealth goes to back up the worthless USD. Don't expect the dollar to fall or the economic condition to collapse in the West. They have entire unmonitored banking systems where they create billions in digital money to keep the system from collapsing. The dollar is toilet paper, but I doubt that bankers would ever kill their interest making scheme. Bitcoin is back by libertarians and bankers, so it goes up and mostly up and corrects and goes up again.
Good news:
https://www.kitco.com/news/2019-10-09/China-and-Russia-bought-251-tonnes-of-gold-this-year.html
I foresee a world where most of the gold is in the East, and in the West they keep the price of gold at 25 cents a ton for gold. If anybody tries to buy gold at this price, they get kidnapped (arrested) for messing up their bankers game. But the price is set so low because there is a continuing trade war between China and Amerika, and they are trying to crash the yuan which is now backed by gold and trying to crash China's vibrant economy.
Bankers are losers. They do loser stuff, like bullying and cheating.
Gold and silver is the wealth of kings, will always be like this. No matter the society. Idiots fall for the replacement of gold with fiat paper.
Those who do fiat paper are those who don't save, don't value money, don't care about the future. Gold is eternal. So is silver.
100 euro notes are great for toilet paper, but since some accept it for 6 ounces of silver, take the silver. Give the idiots toilet paper. Digital money is even more worthless, except for bitcoins, which cost 5000 euros to produce in electric bills. Bitcoins are 'electric bill futures'.
Putting a stack of gold in a hole for safe keeping is not going to move your country forward. There’s even a story in the Bible about how stupid that is.