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File: 52 KB, 350x346, GOLD.jpg [View same] [iqdb] [saucenao] [google]
20932514 No.20932514 [Reply] [Original]

When it breaks 2k/oz USD, Will it continue going up and how high could it go. Also when too buy.

>> No.20933000

>>20932514
It w Als

>> No.20933013
File: 45 KB, 640x640, 1586033207995.jpg [View same] [iqdb] [saucenao] [google]
20933013

Wait let me check my crystal ball after I smoke this bowl of crack first

>> No.20933022

>>20932514
Depends what your local currency is.

>> No.20933048

>>20932514
>MARKET IS CLOSED
>(Will open in 1 hrs. 35 mins.)
The anticipation is driving me crazy

>> No.20933074

The question is not how high gold can go but how low USD can

>> No.20933177

>>20933074
If the USD was to crash, what would that do to gold?

>> No.20933215

>>20933013
Did it work?

>> No.20933221

>>20933177
probably shoot up initially 100x or more as everyone panics and tries to get their hands on some and then settles at around 10-15x current value as it starts circulating and the govt tries to restore faith with a "gold-backed" digital currency

>> No.20933228

>>20933048

Fuck the Jews and fuck the Fed

>> No.20933399

>>20933221
The USD wont collapse without the US fighting/starting a war right?!? Or will they just switch right over to a new (((currency))).

>> No.20933419

>>20933022
CAD

>> No.20933466
File: 1.96 MB, 4032x3024, 20200801_203427.jpg [View same] [iqdb] [saucenao] [google]
20933466

It's going to $5k/oz

>> No.20933586

>>20933399
Who would they fight? This perspective doesnt even make sense.

>> No.20933616

>>20933466
Or more importantly
>the USD is going to 1/5000/ozt au

>> No.20933658

>>20933586
have you been living under a rock? have you not felt the anti-china stigma in the air?

>> No.20933670

>>20932514
I don't like to buy stuff like gold at Ath's. Tech maybe, but not gold.
Pass.

>> No.20933705

>>20933586
Well if the USD gets BTFO and it isnt used as the global trading currency, start a war with China? Get rid of the competition maybe

>> No.20933749

Gold is gonna make a comeback. Gold is the realest money there is

>> No.20933761

>>20933670
You had 10 years.

>> No.20933771

>>20933658
You mean the same shit weve been saying since the 1950s? Superpower war will never happen

>> No.20933783

>>20933670
Fair, but gold has been traded since the dawn of man. It will always have value and is setting records ATM

>> No.20933812
File: 78 KB, 1100x825, 5g.jpg [View same] [iqdb] [saucenao] [google]
20933812

>>20932514
buy physical gold and hold it until the bank run.

>> No.20933836

Gold is about to go mainstream. Gold is money, everything else is credit

>> No.20933848

>>20933761
I had no money 10 years ago

>>20933783
Understood but I would personally wait until everything is "great" in the world and price comes down to like $1000/ounce. Might take a few years obviously.

>> No.20933949

>>20933848
Its not going to get "great" anytime soon... I think that a large scale "hot" war could very well break out between china and the west. If that happens as the above anon stated "gold is money" especially if American cities start getting hit

>> No.20934171

>>20933771
what's makes you think humans have changed since the first two world wars?

>> No.20934207

>>20934171
there was no such thing as a superpower in WWI and WWII, not sure what point youre making.

>> No.20934615

>>20933812
If/When bank runs happen, gold prices would shoot through the roof and paper currency would start being devalued because of the uncertainty correct?

>> No.20934687

>>20934615
Theres no such thing as a bank run anymore since banks can create currency.

>> No.20934693

>>20934207
my point was humans are fucking retarded and will never stop fighting

>> No.20934709

there is one thing that is certain, you wont lose with gold and one thing is very likely, you will have huge gains in fiat value.

2 reasons, money printing and global competetion. dollar is most likely at the end of its lifespan as anchor currency

>> No.20934765

>>20934693
OK, well thats a pretty dumb point to be making and has nothing to do with USD collapsing.

>> No.20934838

>>20934765
collapsing the USD is an offensive move. this kind of fighting exists on a level above what we can see in our daily lives

it's fighting nonetheless

>> No.20934867

>>20932514
Worldwide, demand is only growing.
India is the biggest buyer of gold, by far. Every Indian household is buying gold right now.. massive, massive capital flight to gold worldwide.

I have seen predictions that August it is going to retreat / hold, after September boom
but I didn't really see any reasons for why in these predictions other than RSI being overbought
We are in much different times right now than normal market conditions where you should listen to RSI..

I have seen predictions it will go to $3,000 in 12 months

You are honestly a little late for gold..
what are you not late for is silver.
Silver is 80:1 with gold right now, it's supposed to be 60:1 - in other words, silver should be priced at $33 to be at the historic ratio..

Buy silver. Trust me.

>> No.20934890

>>20934838
Fighting between who? Wtf are you talking about?

>> No.20934900

>>20934687
i saw something about there being coin shortages... can the same not be done with paper money if everyone went to withdraw at the same time?

>> No.20934961

>>20934867
What kind of silver should i be buying? like 1oz coins or big bars?

>> No.20934969

>>20934890
see? you can't see it. just like how they intended. now you simply wait until they want you to see it

>> No.20934971

>>20934867
the real redpill is finding out there is more Gold in the world than Silver

>> No.20935028

>>20934961
Don't buy actual bullion unless you're planning on holding it for like 10+ years
You will pay higher than the strike price on the silver when buying, and also when selling you will sell for less than the strike; it takes quite a big move to overcome the losses you'll take on entry & exit

If you want to invest in silver for the short-term, buy SLV or SLV options (or silver mining stocks / ETF)

>> No.20935027

>>20934969
Every single fiat currency collapses, its not surprising and no one has to cause it

>> No.20935030

>>20932514
It looks like a monthly W to me so 2.9k 3k seems possible, it could also take more than a year with a few breathing on the way

>> No.20935068

>>20934961
Stack for weight first.

>> No.20935081

>>20935028
>>20934961
With that said, if you really have a lot of disposable income, you could get some gold coins in case shit really hits the fan / dollar collapses

>> No.20935114

>>20935027
they don't have to, but they want to, and they did

>> No.20935133

>>20935028

>buy SLV
>defaults tomorrow

LOLK

>> No.20935223

>>20935133
It's not gonna happen brother "too big to fail"
Maybe in the late Fall / January, but not right now

>> No.20935285

>>20935081
Yea thats kinda what im thinking is going to happen, like trading gold links off of a chain for food and supplies due to massive WW and dollar collapse. Plus its just nice to look at lol

>> No.20935331

Could the feds put on a false flag by printing a lot of $100 bills and then burn them ceremoniously to "fight" inflation?

>> No.20935341

>>20935068
Like 100oz'ers?

>> No.20935368

>>20935081
I just keep a sack of potatoes under my bed
my grandfather whos irish said you could buy a house for a couple of tatos during the irish famine

>> No.20935381

>>20934900
They're phasing physical money out anyway, they'd probably just point to the problem and say "Look at the problems paper currency causes. This is why we are rolling out government run crypto and you need an RFID chip in your hand to use it. WHAT? Book of revelations? Are you some kind of religious nut?"

>> No.20935395

>>20935331
They fight inflation by claiming it doesnt exist

>> No.20935401

>>20934971
Source on this please?

>> No.20935416
File: 666 KB, 1000x1000, GEStock2002o7313.jpg [View same] [iqdb] [saucenao] [google]
20935416

>>20932514
>when to buy
Clearly the answer is now
And buy physical as well as investing in miners
Can buy 1/4 ozt of gold rn for $600

>> No.20935465

>>20935381
I hear what your saying pal, truly the time to be with Christ.

>> No.20935576

>>20935416
Rodger that, thanks for input

>> No.20935587
File: 543 KB, 1747x1039, long-gold.png [View same] [iqdb] [saucenao] [google]
20935587

>>20932514
You should open a long on gold for this year and next year, guaranteed a x2 if you look back in history. But if you take all inflation it would probably go above the x2.

>> No.20935683

>>20935416
>>20932514
McEwen Mining Inc. (MUX)
Aurcana Corporation (AUN.V)
First Mining Gold Corp. (FFMGF)

Which meme do I buy? Already got 50 oz silver and 1 oz gold but I want to gamble a bit on some miners.

>> No.20935699

>>20933419

I would take a decent position in Gold, Silver, Bitcoin en Ethereum.
Also make sure you have a decent amount of cash available in USD and CAD.

>> No.20935766

Gold futures are already above 2k

>> No.20935780
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20935780

Imagine all the rappers who bought gold chains and teeth the last 10 years. Unironically based

>> No.20936083

>>20935683
Aurcana because they have a wiki page lol? DESU i couldnt tell you bud

>> No.20936208

>>20935416
Why would anyone buy 1/4 oz for that much when a full ounce is only like 2080

>> No.20936237

How do you guys feel about junk silver? In a true shtf scenario, if all I have are ounces then how would I make small transactions without it hypothetically? It is just expensive per ounce compared to regular rounds

>> No.20936380

>>20936237
Its always good to be diversified, Ive heard stories of people trading links of chains for supplies during WW2.

>> No.20936422

>>20934171
Nuclear warheads you retard
Nobody profits from a nuclear war, really absolutely nobody
We all live on this planet

>> No.20936427
File: 96 KB, 1295x724, JPMORGAN_SHIT_THEIR_PANTALOON.png [View same] [iqdb] [saucenao] [google]
20936427

JPMORGAN IS SCARED AND TRYING TO HOLD ON TO THEIR SHORT POSITIONS. THEY WILL DO ANYTHING TO MAINTAIN THE IMAGE OF NORMALCY. BULLS ARE DRIVING THE PRICE AND THERE IS NOTHING THEY CAN DO ANYMORE.

>CHECK OUT 1 MIN WICKS

>> No.20936463

>>20935683
There's a decent chance the dollar spikes as it's one last hoorah. This will tank the market and take miners as well. It may be smart to hold some cash and wait.

>> No.20936464

>>20934867
>India is the biggest buyer of gold, by far. Every Indian household is buying gold right now.. massive, massive capital flight to gold worldwide.
I don't have any numbers to back it up, and maybe the trend has reversed to the direction you indicated, but Marc Faber (counter-cyclical investor) recently claimed that the opposite is the case: middle class households in countries like India and Thailand have mostly been selling PMs because they are also suffering under the economic crisis and received no gibs cheques.

>> No.20936466

>>20936427
FUCK FUCK FUCK FUCK, LOAD UP THE INFINITE SHORT BOIS

>> No.20936551
File: 311 KB, 1931x810, SmartSelect_20200803-004945_TradingView.jpg [View same] [iqdb] [saucenao] [google]
20936551

>NOOOO SILVER NOT GO UP
This is the manipulatest shit i have ever seen
Instantaneous jumps between 0% and over 1% every few seconds

>> No.20936580

>>20933013
>>20933215
Yeah, we NEED to know

>> No.20936612

>>20934867
POO IN IT

>> No.20936810

>>20936427
What happens when the mirage of normalcy goes away? in your opinion

>> No.20937010

>>20936810
once silver ceases to be suppressed it will moon. this is the only outcome.

>> No.20937016

>>20936810
We leave the solar system
US Fed Note collapses
Stackers buy their ranch homes (finally).

>> No.20937131

>>20937016
Can you explain how it has been suppressed please?
>>20937016
The housing market would surely go away with the Fed Notes correct? As boomers who thought their plywood and glue houses were worth the inflated prices but, in reality were way overvalued...

>> No.20937150

>>20936463
>There's a decent chance the dollar spikes as it's one last hoorah. This will tank the market and take miners as well. It may be smart to hold some cash and wait.

Can't tell if trolling or retarded.

>> No.20937153

>>20937010
>Can you explain how it has been suppressed please?

was meant for you

>> No.20937556
File: 797 KB, 649x769, 1596394781626.png [View same] [iqdb] [saucenao] [google]
20937556

THE PETER SCHIFF SHOW

>> No.20937981

>>20935028
I have severe doubts about the physical metals owned by GLD and SLV.
>not your keys, not your crypto
>if you don’t hold it, you don’t own it
Applies to gold and silver too

>> No.20937999

>>20937981
That being said, if anyone wants a way to profit from gold and silver in a paper way without the risk of the paper market collapsing, buy stuff like GLD, GLDX, and SILJ. These are miner ETFs.

>> No.20938309

>>20937999
"profit from gold and silver in a paper way without the risk of the paper market collapsing"

Can you explain please?

>> No.20938461

>>20938309
Miners profit from selling physical metal
Its not without the risk of the whole market collapsing, but if paper pm collapses miners wont go broke

>> No.20938490

Gold will probably x2 over the next 5-10 years , silver will x4. Safest gold right now is precious metal , we’re printing money like crazy and gold is a traditional hedge against fiat.

>> No.20938520

I’m high and my sentences don’t make sense but my numbers are solid , hop on PM or get left behind

>> No.20938587
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20938587

>>20938520
>admits he's high
>still tells us to trust his numbers

>> No.20938769

>>20938461
Understood, thanks

>> No.20938821

>>20938490
silver x4 over the same 5-10 years aswell? Im trying to numbers if they're solid.

>> No.20939013

>>20935766
fucking based

>> No.20939230

>>20933771
You are right that kinetic war won't happen due to M.A.D. And that is why we are already at war with China. Subversion, infiltration, espionage, economic and cultural warfare.

The domains have just shifted. We are at war.

>> No.20939529

>>20932514
god those gold bars are sexy

>> No.20939608

>>20935028
>ore as everyone panics and tries to g
Dont buy SLV, buy the miners.

>> No.20939626

>>20936427
You know they own an equal amount of bullion and shorts, right? Since they are the custodian of iSilver Shares ETF. Right?

>> No.20939674

>>20939626
They are custodians, but they don’t own it...and Id be surprised if they have anywhere near what is reported.

>> No.20939717

>>20932514
Bank of America says 3k gold 2k21

>> No.20939737
File: 687 KB, 1080x1909, FP.jpg [View same] [iqdb] [saucenao] [google]
20939737

>>20939717

>> No.20939761

>>20933013
Update, please.

>> No.20939843

>>20933670
Absolutely retarded, or a dirty kike. Either ngmi, or better start packing suitcases.

>> No.20939846

Will gold price in other currencies be stable?
Euro, CHF...

>> No.20939853

>>20939717
Wouldn't be suprised if it were sooner than that.
>>20939761
Yeah or did you OD lol

>> No.20939904
File: 114 KB, 1793x930, gold chart.png [View same] [iqdb] [saucenao] [google]
20939904

>>20932514
>Yes, 5000+, and now.

We've been building support at 1200 for 5 years now. That's a long time to build support. Very strong base. This commodity is set to rocket upwards.

>> No.20939928

>>20939904
and silver? will it not rocket even higher?

>> No.20939959

>>20939928
It will. Silver is the better play, in my opinion.

>> No.20939994

>>20934615
Bank runs are happening in China

>> No.20940014

>>20939994
Source

>> No.20940036

>>20939904
Rodger that and will 5k plus gold correlate with a devaluation of the USD?

>> No.20940201

>>20940036
Of course. Not tightly correlated, but correlated nonetheless. You watch Peter Schiff, right?

>> No.20940238
File: 1.73 MB, 2022x1346, china bank run.png [View same] [iqdb] [saucenao] [google]
20940238

>>20940014
https://www.businesstimes.com.sg/banking-finance/spate-of-bank-runs-forces-china-regulators-and-police-to-act

>> No.20940330

>>20940201
(((NO)))