/biz/ - Business & Finance

>>20674860
heres a tip
the US has no gold
US has been accumulating silver through proxy (JP Morgan)
mexico has huge silver reserves
maybe it is not gold standard we will be going to...

>>20674860
Silver always rises faster than gold so expect a higher return.

>>20675005
Can you explain to me why silver will get me a higher return if silver is still plentiful? As far as I understand it, there is still a lot of silver to be mined its just not that worthwhile for mining companies to go after it rn so they haven't.

>>20674860
Whats the pic

>>20674860
refresh my memory of this juicy conspiracy from unrelated pic

>>20675206
>>20675201

Basically Chester is Podesta's kid.

>>20675164

Ratio of gold to silver in the earth is 1:12. This is also the constant monetary ratio throughout history. Alexander the Great, for example, fixed it at that rate. It only got out of proportion recently, because the central banks started manipulating it via paper derivatives on something called the COMEX. But the manipulation is now coming to an end.

Eric Sprott recently demanded one tenth of the world's annual silver supply, and stuck the knife into the bankers. Silver immediately soared from $19 to $23; it was so quick that, if you blinked, you missed it.

https://kingworldnews.com/silver-short-squeeze-alert-sprott-silver-trust-to-purchase-1-5-billion-of-physical-silver-a-jaw-dropping-8-8-of-annual-global-production/

https://kingworldnews.com/this-is-the-real-reason-why-silver-is-up-over-6-today-plus-gold-sees-massive-breakout/

https://www.youtube.com/watch?v=n665orfBOqM

Silver is going to reach its true price again soon. Bearing in mind that the silver miners climb at 2.5x the rate of silver (silver is up 75% since March, but SILJ is up 175%) I strongly advise you buy shares in SILJ, the silver miner ETF, as quickly as you can. I expect it to go at least 10x within two years, and there is no telling how high is will go once this bull market really gets underway.

Consider this: If the G:S ratio corrected today, silver should be at least 5x what it is ($100.) But gold is going at least 3x, because, as stocks are in such a bubble, it has to go to $4800 to reach its nominal 2011 high of $1900 in real terms. This means that silver may go to $300. Some say it may go as high as $500. Then consider that SILJ gives you 3x leverage to that and you will understand that SILJ is the trade of the century.

Proof of my credibility: I have been telling people here to buy gold, silver, and miners for many months. Anybody who listened to me about SILJ is up 200%. The small-cap silver miners which I recommended a month ago have since doubled. >>20597543 >>20603169

>>20675348
Very interesting bro.
I'm in Australia would you recommend I invest in SILJ or do you think I'd be better off going with an Australian silver ETF? If so do you have any that come to mind. I really value your opinion.

>>20675713

Thank you. Yes, definitely just get SILJ. GDXJ is good also. The only problem with SILJ, curiously enough, is that it lacks good Australian miners, and is overweighted in Mexico. Two good Australian mid-tier miners which I recommend buying are Northern Star Resources and Saracen Minerals.

>>20674860
silver is trash as a hedge against fiat. since it's primary demand ( 65%) is industrial.

>>20675348
you are clearly a retarded Schiff fanboy. I guess you will eventually ne right. Why do you morons not understand that we will go through massive deflation first which will crush pm prices? dollar milkshake theory. Brent Johnson. 2021 is going to be a shityear for silver especially when the virus subsides, mine production goes up but industrial demand drops cuz economy is trash

>>20675713
Why would you buy American stocks when Australia has the real gold+silver miners? That's the entire reason the AUD is rising - Americans trying to buy our mining stocks. Why would you pay an increased premium plus AMERICAN TAX to get access to a worse market? Buy Saracen minerals or something.

>return to the gold standard

Retarded. The feds will never give up their printing press and you dont need it for PMs to appreciate

>>20676207

>>Why do you morons not understand that we will go through massive deflation first

David Brady has been predicting this since May. Led his followers off a cliff by doing so, just as he did in 2018. Shorted that gold bull-market also. "Deflation, then inflation" doesn't apply when the fundamentals are that a market is becoming unmanipulated, and a currency crisis is imminent. Investors are buying precious metals because they see that paper currency is presently about to become worthless.

Another point. Gold thrives during deflation. During the Great Depression, Homestake Mining (ancestor of Barrick Gold, which is in the GDX) went up 500%; went up 90% as the Dow was crashing 90% on its second leg down.

https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/

Gold has also thrived in the deflationary environment of Japan.

https://www.youtube.com/watch?v=w5ffEORwWkk

>>20676340

You don't want to buy all your miners in one country. Never know what political circumstances might occur. Everybody should diversify. ETFs offer that diversification; although, as I said in a previous post, SILJ is lacking in Australian miners, and additionally buying Saracen Minerals and Northstar Resources is not a bad idea.

>>20676381

Read the post which I made in May. Understand the fundamentals. I explained them more in-depth in this thread in June: https://i.warosu.org/biz/thread/19669109.. The Fed is caught in a debt trap. There is literally no way to escape this crisis by money-printing. The dichotomy is, default and collapse, or hyperinflate and then collapse worse; that is it. At this point, tens of trillions will be needed to suppress yields, a banking crisis is imminent, the bond market is crashing, debt to GDP is unprecedented, real unemployment is 40%, inflation will inevitably work its way into the real economy via helicopter money, political instability is enormous, the dollar is going down every day, supply-chains have been heavily disrupted, assets are in an unprecedented bubble, and P. E. ratios never higher, etc., etc. etc.

>>20676340

You don't want to buy all your miners in one country. Never know what political circumstances might occur. Everybody should diversify. ETFs offer that diversification; although, as I said in a previous post, SILJ is lacking in Australian miners, and additionally buying Saracen Minerals and Northstar Resources is not a bad idea.

>>20676381

Read the post which I made in May. Understand the fundamentals. I explained them more in-depth in this thread in June: https://i.warosu.org/biz/thread/19669109.. The Fed is caught in a debt trap. There is literally no way to escape this crisis. It won't simply be like the highly inflationary 70s. The dichotomy is, default and collapse, or hyperinflate and then collapse worse; that is it. At this point, tens of trillions will be needed to suppress yields, a banking crisis is imminent, the bond market is crashing, debt to GDP is unprecedented, real unemployment is 40%, inflation will inevitably work its way into the real economy via helicopter money, political instability is enormous, the dollar is going down every day, supply-chains have been heavily disrupted, assets are in an unprecedented bubble, and P. E. ratios never higher, etc., etc. etc.

>>20676528
You cannot ever wake someone who is only pretending to be asleep

>>20676528
thanks anon. im sure there are a bunch of people who bought after reading your previous posts. at what point during this pm bull market will you consider converting silver stocks to gold stocks, or vice versa? and what indicators should we pay attention to when judging whether or not to exit the pm market?

I cannot travel to Estonia atm because of corona restrictions but I want to buy more silver, mostly miners now since I got like 80oz of coins. I bought some GDXJ European version but there is no such version on of SILJ on the European markets as far as I know. Does anybody know any silver ETFs in Europe?

>>20675164
There is actually less above ground silver than gold.

>>20677290

I think it is best to have a mixture of gold and silver stocks and simply wait and see what happens over the next few years. Nobody really knows exactly what is going to happen. The argument for gold is that central banks buy it, and that it is most likely to become the new money after the reset. But the upside potential in silver, from a 1:84 G:S ratio to its historic 1:14 ratio is simply enormous. There is also a good chance that governments may begin to monetize silver again:

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

When the Hunt Brothers did what Eric Sprott is doing now, and briefly broke the silver manipulation in the 1970s, the G:S ratio really did revert to its normal 1:14 level (see picture). So it is not unthinkable that it might happen again.

The two ratios to look out for in exiting the PM bull market are the Dow:Gold ratio and the House:Gold ratio. When gold looks overvalued compared to either, then you begin to think about selling some. Mike Maloney explains here:

https://www.youtube.com/watch?v=l-knwwD-PZc

>>20674983
If this is true I will be an rockerfella basically

>>20677405

If you can't buy SILJ, easiest thing is to buy the largest components in it. If you get First Majestic Silver, Fortuna Silver Mines, Endeavour Silver, Hecla Mining, Hochschild Mining, Yamana Gold, along with a few small-caps like Discovery Metals and Silver One Resources, you will do just as well.

>>20677467
i'll check it out. appreciate all your effort!

>>20675005
It also drops further.

>>20674860
Let's make it the platinum standard (20 times more rarer then gold)

>>20674860
>If we return to a gold standard
Pointless thread- not happening

>>20674983
why should we go to silver standard? We are so good with this situation

>>20676381
Imagine still thinking the "Feds" are in control of
the printing press.
The Federal Reserve is a private bank you stupid fuck. STAY POOR

>>20675348
>But the manipulation is now coming to an end
why

>>20675348
>I expect it to go at least 10x within two years
lol.. a x10... it recovered from March low.. but a x10.. why should it do a x10?

>>20678038
>>20678172
>>20678205
Why? why? why? You sound like a 3 yr old
Maybe you should get off your lazy ass and
go do some research

>>20678261
the whole point of topic-specific boards on the internet is to incite conversation and question-answer rhetoric amongst similarly interested parties, dumbfuck. if you don’t want interaction, throw your computer out the window.

>>20678172

It's explained in the paragraph which follows the sentence which you quoted.

>>20678205

>recovered from March low

SILJ has not simply recovered. It is up 34% off the February high. By comparison, the Nasdaq is only up 8.85% off the Feb. high, and falling. As for why it will go 10x, it is explained both in the post which you are quoting, and in the rest of my posts.

>>20678328
Ever hear the phrase, "LURK MOAR"?
Now get back to lurking and learn something
before you shit up the board. The adults are
trying to talk. CUNT

>>20675005
This is why I'm balls deep in litecoin and SLVO.

>>20675206
>>20675254
More like Podestas's clone. They've been cloning people since a long time.

>>20674860
Going to a gold standard would wreck the US economy

>>20679539

Keynesian propaganda. If you understand the Austrian point of view, the truth is directly the opposite. Greatest period of prosperity was under the gold standard, and the New Deal was what caused the Great Depression to last as long as it did. The Little Depression of 1920-21 came and went as fast as it did precisely because there was no central bank intervention. Not having the gold standard is what caused the highly inflationary 70s. It is why we now need both a man and a woman to work simply in order to survive. It is why nobody under the age of forty can buy a house. It is why 1% of the world control almost all the wealth. It is what caused the Dotcom bubble, the 2008 crisis, and it is what is about to cause the whole system to collapse now. Our prosperity has been stolen, and 99% of the value of fiat currencies is gone.

Gold means governmental discipline. Gold means prosperity. Take away gold and you get the disordered, immoral, inefficient society which we have at present. Just as it was in ancient Rome.

https://www.youtube.com/watch?v=RvL_Dm2d99A

https://www.youtube.com/watch?v=hx16a72j__8

>>20678461
>>20677533


God damn feels so fucking stupid to buy Discovery Metals, First Majestic Silver Corp or Yamana gold since they pumped so fucking much. Is this only the start of the parabola when it absolutely looks like the top at the moment? Is there still room to grow like 2-3x for these firms? Is GDXJ only mostly gold related? Fucking gay that I can't buy SILJ but the fees will kill me if I buy the stocks seperately from SILJ.

>>20680067

I told people to buy Discovery before it went 3x. It's going higher, trust me. Sprott mentioned it on his podcast only yesterday. You will feel worse if you buy it when it gets even more expensive.

>>20680067

Also; I expect Yamana to climb from $6.30 to $10 very soon. Fees should be smaller to purchase that, because it trades on the NYSE. It is also a mid-tier, and so safer if you are not quite sure whether I am right about PMs going into a bull-market. Discovery is an ultra-leveraged choice.

>>20680097
And what is the timeframe on this? I mean am I supposed to cash out at some point to buy more physical or what? I can only buy like 1-3k euros worth next week and then maybe DCA 500-600€ every month.

>>20674983
Wouldn't it be reasonable to assume they are just stockpiling it as a strategic resource. I heard that that was why LBJ took silver out of the coinage. Also, funny story, a decade ago in the army when an NCO was explaining rank structure he said that silver officer ranks were higher than the gold ones (2nd LT/1st LT, Major/LtCol) and commented that he thought that was backwards.

>>20680180
I'm thinking Yamana and First Majestic since I can buy them with Euros directly without the dollar/euro currency hassle. What do you think about them? Do you have more info on this Sprott thing I only glanced at it in an other thread.

>>20680186

The mines may be nationalized in the medium- or long-term, (impossible to say if or when,) so, yes, you may want to take some profit and buy physical bullion with it eventually.

>>20675348
I've been reading your shit for about 1 hour, different thread and everything.

I want to believe, so I will put the most I can in silver and silv miners.

Can I buy an equivalent of SILJ on the blockchain like I can with gold (PAXG)? I know you PM fags don't like crypto, but I already have physical, so I want to have all the convenience of blockchain, but with PMs.

>>20680216

FMS and Yamana are both excellent mid-tier choices. The first is a silver miner, the latter a mixed gold and silver miner. FMS is a favourite among precious metals investors, because Keith Neumeyer is a prominent silver bull who believes that the price should be $100, and talks openly about COMEX manipulation. He is also a keen businessman. Refused to sell silver when it dropped to $12, and did not begin to sell again until it went over $17, because he knew that the price was nonsense. Latest interview with him was only a day or two ago:

https://www.youtube.com/watch?v=RT8x1cRTl20

This is the latest information on the silver shortage:

https://www.youtube.com/watch?v=ZmXHrUOF4FU

Let's put all of the moronic financial advice in this thread aside for the moment.

Buying anything besides crypto right now is just hilarious.
Compare the figures being throw around by these stupid faggots - 75%, 175%, 34%, etc, to Crypto's extremely regular 1000%, 300%, 500% gains and laugh at the stupid normies.

Now, with all of that on the side, lets continue:
JFK attempted to form a bimetal standard before he was made to kill himself.
However, many anons speak now of the Four Horsemen of the Apocalypse.
You already know the first two and now you need to find out what the other two are.

Good luck with the brainlets in this thread though.

>>20680362

My miner stocks have doubled in a month, (demonstrably >>20675348,) and are up 600% since the March lows. Look up Viszla, Callinex--up over 900%. The average small-cap silver miner goes up 150x in a silver bull market. Look at FMS from 01 to 11. Young people are beginning to realize this. They are increasingly flocking out of cryptocurrency and into resources, and will continue to do so, as Lobo Tiggre points out. (https://www.youtube.com/watch?v=20Co9ZxYa6A.).) The crypto bubble popped in 2017. Crypto is mostly pump and dump and exit scams. /biz/ is a case in point--full of the scum of the earth looking to con young people. A few coins perhaps worth holding a little bit of for the fundamentals (ETH, XMR, BCH), but, upon the whole, crypto has no use once we go back to a gold standard. Privacy perhaps, but that is all.

>>20680362
Crypto faggot worried that people are figuring out
internet money is a scam and want real money so
he shills in silver threads. PATHETIC

>>20675348
Bro, just wanna say thank you for your work here. I'm starting to buy into the silver miners juniors you mentioned. Would have never found them if you hadn't mentioned them. Time will tell if I generate a significant return but to me it's a bet worth taking.

>>20678261
>go do some research
already meme
metals are a shit investment
They produce no value
you bank on an eventual apolacpsy but this is not a movie you mong

>>20678461
>SILJ has not simply recovered. It is up 34% off the February high
do you know that DEFI shitcoins are up x100 from March.. you know this anon?
There is no need of gold when you can stake yo' DAO and get 6% per year

>>20680472
>>20680557
I hold both metals and blockchain currencies. Anyone not doing both is a mouth breather.

How often do metals or metal stocks (KEK you fucking brainlets) see these numbers?... You realize it's a literal daily event with Crypto if you just find the right one, right?

Anyway, crypto being so volatile means any time the dollar depreciates cryptos will go off harder. Metals are much more fixed.

Don't get me wrong, I hold metals as a hedge against inflation as well, but I don't expect to make use of their gains for decades, whereas I KNOW FOR A FACT crypto will take off again over the next two years.
People insisting the "crypto bubble" was a one time thing will simply need a rope. Good luck with that delusional shit.

There's no reason to coddle yourselves in a warm blanket of denial when you can just figure out how to use crypto, you gigantic brainlets.
Hold both but be realistic...

ETFs are dogshit. They'll pay you off in toilet paper and seize the asset.
Physical is the only way. This guy is shilling a worthless piece of shit.
If you want PMs, buy em and bury them in the garden or somewhere.

>>20680621

See >>20679806

>>20680774
At least one of you isn't a retard.

>>20680774

I never told people to buy only miners. What does my post from May say? "The only way to profit from this crisis and protect yourself is to buy gold, gold miners, silver and silver miners."

>>20674860
Um I guess so but we will NEVER return to a gold standard. Never ever ever. N E V E R

>>20680722
thank you based duel wielding crypto/metal anon. the knowledge in these threads, pretty sure anyway, are about to make me and my loved ones very wealthy. knowledge is power. thank you.
>>20680362

>>20680774

I never told people to buy only miners. What does my post from May say? "The only way to profit from this crisis and protect yourself is to buy gold, gold miners, silver, and silver miners." I have brought up miners a lot because it is foolish to throw away 3x leverage on the underlying metals. I can now buy far more bullion than I otherwise could have done after having purchased the miners. Also, are you aware that gold was confiscated in 1933, but people were allowed to own mining stocks? As I pointed out earlier, Homestake Mining (the ancestor of Barrick Gold, in the GDX) went up 500% during the Great Depression. I tell people about miners because they are the opportunity of a life-time. Peter Schiff recommends miners just as strongly as I do. It is foolish not to own them. Few people talked about GDXJ and SILJ before I began to make people here aware of them, but I trust that, within a few months, they will be more talked-about than Bitcoin.

>>20680337
Going to buy FSM (based CEO and nice info on the youtube vid) and more of GDXJ since it has some of those silver miners in it's portfolio as well just like Yamana (though 3% but you get the gist, I like diversifying). Also will probably be throwing a small gamble in Discovery Metals. Thanks for the shills anon, it was time for me to allocate more from my portfolio into PMs because I've been going through the threads every once in a while.

bitcoin is the new world reserve currency
and this is good for gold and silver

>>20675164
>As far as I understand it, there is still a lot of silver to be mined its just not that worthwhile for mining companies to go after it rn so they haven't.
and what do you think will make those companies go after it?

>>20679806
the fact anon is that the wealth was managed by 1% of people even before. It has always been in this way

>>20675348
I listened to you lol. I always do. You are the real
>Precious Metal General
You're also the anon that talks about stock ticker AG as well. And don't forget GDXJ. Just ordered some more bullion(16 oz)

>>20681363
The guy is undoubtedly based, but not realizing that he's limiting himself only limits you.
The Peter Schiff mindset is definitely high IQ, but you've got to realize where his shortcomings begin to manifest.
My question is how can someone so fucking based not see the obviousness of crypto...

See, I'd rather make it NEXT YEAR instead of a decade or two from now.
Do your thing, though, anon.

>>20674860
Poor Chester
>Early life

>Chester Charles Bennington was born on March 20, 1976, in Phoenix, Arizona.[5] His mother was a nurse, while his father was a police detective who worked on child sexual abuse cases.[6][7] Bennington took an interest in music at a young age, citing the bands Depeche Mode and Stone Temple Pilots as his earliest inspirations,[8] and dreamed of becoming a member of Stone Temple Pilots, which he later achieved when he became their lead singer.[9] Bennington was a victim of sexual abuse from an older male friend when he was seven years old.[10] He was afraid to ask for help because he did not want people to think he was gay or lying, and the abuse continued until he was 13 years old.[11] Years later, he revealed the abuser's identity to his father, but chose not to pursue him after he realized the abuser was a victim himself.[12]

>Bennington's parents divorced when he was 11 years old. The abuse and his situation at home affected him so much that he felt the urge to run away and kill people.[11] To comfort himself, he drew pictures and wrote poetry and songs.[11] After the divorce, Bennington's father gained custody of him.[7] Bennington started abusing alcohol, marijuana, opium, cocaine, meth, and LSD.[7][8][12] He was physically bullied in high school. In an interview, he said that he was "knocked around like a rag doll at school, for being skinny and looking different".[13] At the age of 17, Bennington moved in with his mother. He was banned from leaving the house for a time when his mother discovered his drug activity.[7] He worked at a Burger King before starting his career as a professional musician.[8]

>>20681071
Sorry FMS*

>>20676528
I remember this thread! Bro, you are the only person on here giving real investing advice! This board is a shit show for crypto, not saying you can't make money off of crypto, but I mean it's obvious most are scams and pump and dumps.

>>20680917
>The only way to profit from this crisis and protect yourself is to buy gold, gold miners
they went down in march along with stocks

>>20680655
do you know that DEFI shitcoins are up x100 from March.. you know this anon?
There is no need of gold when you can stake yo' DAO and get 6% per year

>>20680337
Anon, a while back you made a post about everyone you follow. Do you follow Max Keiser? He says a lot of what you say.

>>20681429
Crypto is not for everyone. I hold 1.25 BTC and 1,000 LINK. I consider Link my spec. I could care less about staking or any of that shit. Just get ton 100$ and I'm out lol. Then I buy more metals and BTC. That's always been the plan. BTC to me is the ONLY crypto. All the other shit no doubt can make you rich, but I mean c'mon, you gots to know when to sell. Some of these Link guys will be up 40,000% and not sell one. I mean, it's exactly what this anon talks about. Shilling and conning young men. Mt friend has 30k links and tells me everyday he isn't selling until it gets to 10,000k. We have a serious cult mindset problem here in crypto. Your job is to sell and get rich, brainlets. Not hold bags until the end. Then you're stuck like those poor ripple and EOS people

>>20681363
>>20681473
>>20681071
>>20680565

Thank you very much.

>>20681610

>they went down in march along with stocks

Gold was stronger than anything else during the March crash. As for the miners and silver, the drop in them was owing to a combination of panic and manipulation. It will not happen again. First, historically speaking, miners don't go down on the second leg down of a stock market crash (>>20676389 >>20680917); secondly, the silver manipulation on the COMEX is breaking to pieces as we speak. (>>20675348.) Eric Sprott has stuck the knife in. A short squeeze is underway, and four banks are losing $248 million for each dollar silver rises by. Meanwhile, frightened rich people are rushing out to demand physical delivery of their metals. This at a time when each ounce of silver has over 500 "owners." (https://www.youtube.com/watch?v=egD6yjimNno.).) Alisdair Mcleod thinks that a COMEX default may happen within a mere month (https://www.youtube.com/watch?v=XliHE6QgljY)), and that the dollar will go to zero before the end of the year.

>>20681660

I am wary of Max Keiser. My memory might be incorrect, but I seem to recall that he was telling people to take on debt and buy silver at the top in 2011; must have caused people to get wiped out if I am not mistaken. Then, again, the way he debated against Peter Schiff in the Bitcoin vs Gold debate was absolutely disgraceful (https://www.youtube.com/watch?v=fFuT-MEMu94).). He is also a BTC pumper, and insulting and dishonest about alternative cryptocurrencies.

>>20682003
Max is all about BTC, Silver, Gold. That's it. Not sure about him telling people to take on debt to buy Silver. That doesn't sound like him at all though. I've been listening for a long time. But he has been pumping silver and gold for the past 4 years hard. I think Max has mild autism desu. Dude is no doubt high IQ. There seems to be one argument that blockchain maxis hold:
>Gold is only up 40% on the year and my "Insert shitcoin here" is up 4,000%.
How do you respond to those annoying and wrong arguments. I find it tough to argue, but it's like, dude investments are for life. And half of them don't have timing and aren't in on the inside info as when to sell. Idk

Best time to short gold and silver now. Production is not decreasing and demand is only there because of Covid fear.
Not substainable .
Gold bear markets in average take 30 years.
Still a long time to go.

>>20674860
there isn't enough gold on the planet to contain the economy of the USA. this is why we have ETFs.

we aren't going back to the gold standard. we are on the tax slave standard. our dollars are backed by the wage slavery of the american people.

>>20682231

Economy didn't collapse because of the lockdowns. Lockdowns were only the excuse for it. Ray Dalio, David Brady, Ron Paul, Mike Maloney, Harry Dent, many others, predicted that the stock market would collapse in 2020. It was obviously going to happen. Yields going to only 3% in late 2018 caused stocks to crash from 26,500 to 22,500; Fed was forced to re-start Q. E. That was when people realized that they had lied about raising rates, and that Schiff was right that they could never do so. Hence they were caught in a debt-trap. That is when gold began its present bull market (see picture). Austrians could see too that, without trillions more in Q. E., the market would crash again, which is just what did happen in Feb. 2020; lockdowns and coronavirus were merely used as the pretext for both the crash, and the trillions more needed to prop the ponzi-scheme back up.

Lockdowns are also convenient because, when the economy inevitably collapses now, they will lyingly blame it all on the coronavirus, as Powell did on Sixty Minutes. If there were no pretext for the collapse, the public would be furious with the ruling class; probably would be a revolution. They are already trying to direct people's anger outward, towards foreigners; perhaps trying to start a war with China or Iran as a distraction. Meanwhile they are imposing more and more authoritarian measures as they prepare for what is coming, using the coronavirus as their excuse.

>>20682498
Gold down to 1500 USD within the next 6-7 month.
Never bet against the FED and wallstreet.
And never drink Schiff brain piss.
My Gold puts are into place.
Risk on for stocks and crypto .
To the fuckin moon

>>20682651

People have been shouting that gold would go down ever since 2018. In fact, maneco64 has a clipping from the Financial Times or the Telegraph (can't remember which) in which they call gold a bubble at $400. Fundamentals mean gold must go up. Have explained them in this thread many times. Currency crisis and hyperinflation are unavoidable, and they are coming soon. Stocks in an unprecedented bubble, bonds yielding negatively, dollar getting trashed. No other safe haven.

>>20674860

>>206752>>20675254
And Rockefeller's grandson

>>20680362
>JFK attempted to form a bimetal standard before he was made to kill himself
>calling other people stupid
Nigger do you think he just kept a loaded rifle in the floorboard that day in Dallas? And do you think we weren't on Bretton Woods until 71?

>>20682790
>Currency crisis and hyperinflation are unavoidable, and they are coming soon
it's a slow process for inflation
>>20682790
>No other safe haven
taking DAO coin (a stable currency that mimics USD) yeilds 6% per year
Here you have the safe even
Gold is only if a meteorite destroys internet

>>20683810
>taking DAO coin (a stable currency that mimics USD) yeilds 6% per year
Here you have the safe even
Gold is only if a meteorite destroys internet

>>20683810

The system is so feeble that inflation won't necessarily be a slow process. In fact, it is likely to come sharp and fast. The way silver shot up lately is only a foretaste. You are going to have days when silver goes up $5 in a single day.

>>20683810
No, gold and silver don’t have to be only for disaster insurance. They can also be a hedge against high inflation that doesn’t have a counter party risk. It’s good for some of your hedge to be without counter party risk.