All time high on gold!

[Ares]

Those number of FRN's going up will pay off more fixed rate debt, like home mortgages and auto loans.

Right, but it is a double edged sword. The value is inverse with regards to the FRN price of gold. The more FRN's it takes to purchase gold / silver the lower the value of the unit of account actually is. With interest rates getting so low, wife and I are re-financing and got a rate in the mid 2% range which is damn near close to the rate of inflation. Well not currently since according to shadowstats CPI is at 0% or very close too.

Regardless its still an uneasy feeling seeing the death of a currency, especially a global one. The problem and uneasiness for all of us is what comes next? Enslavement or Freedom, those really are the only options.

[EE_]

Right, but it is a double edged sword. The value is inverse with regards to the FRN price of gold. The more FRN's it takes to purchase gold / silver the lower the value of the unit of account actually is. With interest rates getting so low, wife and I are re-financing and got a rate in the mid 2% range which is damn near close to the rate of inflation. Well not currently since according to shadowstats CPI is at 0% or very close too.

Regardless its still an uneasy feeling seeing the death of a currency, especially a global one. The problem and uneasiness for all of us is what comes next? Enslavement or Freedom, those really are the only options.

I kind of wish the price wasn't move so fast, it's hard to figure out what to do regarding selling, or buying.
I bought 2 tubes of 2016 maples out of a monster box about 3 months ago, I would have bought more if the dealer had them. These were his last ones. I paid $980 for the two...today APMEX wants $1,900 for the same two tubes. That's a big move! Ya have to wonder, is this the moon shot we've been waiting for, or another pump and dump?
The premiums make you think dealers know prices are going much higher. Silver eagles are ridiculously high.

[Ares]

I kind of wish the price wasn't move so fast, it's hard to figure out what to do regarding selling, or buying.
I bought 2 tubes of 2016 maples out of a monster box about 3 months ago, I would have bought more if the dealer had them. These were his last ones. I paid $980 for the two...today APMEX wants $1,900 for the same two tubes. That's a big move! Ya have to wonder, is this the moon shot we've been waiting for, or another pump and dump?
The premiums make you think dealers know prices are going much higher. Silver eagles are ridiculously high.

I'm leaning more towards a moonshot this time. You have Mexico and Peru 2 large Silver producing countries offline due to the "pandemic". You also have mints cutting production causing a huge surge in demand for physical Silver. The shorts got bled dry in the crimex and have been reducing their short position very quickly moving to longs.

The shorts were absolutely slaughtered lately, I don't like seeing anyone lose money but since the vast majority of the shorts were commercial banks I had to smile.

[Shami-Amourae]

I don't think pm's are going down either way. Liberal cities are collapsing, money printing will continue unabated and we may see bigger riots when Trump wins. Travel/tourism, sports, Las Vegas/casinos, airlines, amusement parks, restaurants, cruise ships, luxury retail, conventions, concerts...to name a few, are all dead in the water for the foreseeable future
IMO, the PM train has left the station.

People are losing faith in fiat currencies and will increasingly flee to Precious Metals (Boomers + Millennials) and Crypto (Millennials + Zoomers).

I'd recommend selling most of your Gold/Silver during this collapse and buy up real assets like real estate, businesses, and Bitcoin. Future generations after Boomers don't care about Precious Metals and never will again.

I think we will see $10,000+ Gold and $100+ Silver. Make fun of me in 3 years after this run.



Ethereum will break $10,000, IF and ONLY IF they sort out their scaling issues, so they can be the foundation of the Web 3.0. Thankfully side chains like PolkaDot are working to help scale Ethereum in the meantime (hint on buying opportunity.) Ethereum could take over everything, or some other smart contract platform like it (Cardano?).



Bitcoin is currently the 8th largest currency on the planet and it will be likely #1 to #3 in the next 10 years. We're talking a $1,000,000 Bitcoin in 10 years.

Buy a Bitcoin today, be a millionaire in 10 years. I'm talking in today's dollars, not inflated dollars (it will go higher).

[madfranks]

People are losing faith in fiat currencies and will increasingly flee to Precious Metals (Boomers + Millennials) and Crypto (Millennials + Zoomers).

I'd recommend selling most of your Gold/Silver during this collapse and buy up real assets like real estate, businesses, and Bitcoin. Future generations after Boomers don't care about Precious Metals and never will again.

I think we will see $10,000+ Gold and $100+ Silver. Make fun of me in 3 years after this run.



Ethereum will break $10,000, IF and ONLY IF they sort out their scaling issues, so they can be the foundation of the Web 3.0. Thankfully side chains like PolkaDot are working to help scale Ethereum in the meantime (hint on buying opportunity.) Ethereum could take over everything, or some other smart contract platform like it (Cardano?).



Bitcoin will be the new global reserve standard. Bitcoin is currently the 8th largest currency on the planet and it will be likely #1 to #3 in the next 10 years. We're talking a $1,000,000 Bitcoin in 10 years.

Buy a Bitcoin today, be a millionaire in 10 years. I'm talking in today's dollars, not inflated dollars (it will go higher).

Thanks for the ETH tip! And for the most part I agree, Bitcoin is getting bigger, no doubt.

[ziero0]

Buy a Bitcoin today, be a millionaire in 10 years. I'm talking in todays dollars, not inflated dollars (it will go higher).

A million WHAT?

I heard of a guy several years back who purchased a herd of 50 bred pigs and a pair of male deer. That way he could look the banker in the eye and say "I'm worth 50 sows and bucks."

[Ares]

People are losing faith in fiat currencies and will increasingly flee to Precious Metals (Boomers + Millennials) and Crypto (Millennials + Zoomers).

I'd recommend selling most of your Gold/Silver during this collapse and buy up real assets like real estate, businesses, and Bitcoin. Future generations after Boomers don't care about Precious Metals and never will again.

I think we will see $10,000+ Gold and $100+ Silver. Make fun of me in 3 years after this run.



Ethereum will break $10,000, IF and ONLY IF they sort out their scaling issues, so they can be the foundation of the Web 3.0. Thankfully side chains like PolkaDot are working to help scale Ethereum in the meantime (hint on buying opportunity.) Ethereum could take over everything, or some other smart contract platform like it (Cardano?).



Bitcoin is currently the 8th largest currency on the planet and it will be likely #1 to #3 in the next 10 years. We're talking a $1,000,000 Bitcoin in 10 years.

Buy a Bitcoin today, be a millionaire in 10 years. I'm talking in today's dollars, not inflated dollars (it will go higher).

Kind of why I like Waves, they've already solved their scalability issues. They just recently released their smart contract based stable coin called Neutrino (USDN). They just announced today that through some partnerships that they are building a decentralized FOREX.

https://medium.com/wavesprotocol/neu...d-96e8d501724b

[ziero0]

Money has had a 2,000 year run. Salt was the coinage before coins. Paper has only had a 160 year run. Before that slaves were considered currency. Waves are appropriate because they travel long distances before decaying when they hit dry land.

I for one am awaiting a Tsunami. Likely this one will kill anyone close enough to touch it.

[Shami-Amourae]

Thanks for the ETH tip! And for the most part I agree, Bitcoin is getting bigger, no doubt.

Look into scaling solutions for Ethereum. Governments, Institutions, and Corporations are researching ways to implement their systems on it. Smart Contracts are the future of everything as everything will become digitized and tokenized. Our entire lives will become digitized. Part of the goal of this plandemic is to kick start people into that direction.

Crypto Chico is a major advocate for PolkaDot as a scaling solution and there's projects surrounding that you can invest in right now (PolkaDot is hard to invest into now.) My best gains this year were made on his calls.

This is like getting in on Bitcoin when it was $500.

Everyone is currently falling in line to Ethereum:

[Shami-Amourae]

Kind of why I like Waves, they've already solved their scalability issues. They just recently released their smart contract based stable coin called Neutrino (USDN). They just announced today that through some partnerships that they are building a decentralized FOREX.

https://medium.com/wavesprotocol/neu...d-96e8d501724b

Many of the scaling solutions will fail, but I think if some pull it off they will moon. OMG Network was proposed as one but seems dead in the water currently.

If nothing works we can swap to Cardano, or something random like Elrond.