Is that why you're vacationing in Venezuela?
USD will be soon toilet paper too.I went to Brazil in the 80's and they had just adjusted their 100,000 note down to 100 with a new one. Both were in circulation at the time. $20 US was like gold.
Put my Biden bucs in gold and silver last winter.USD will be soon toilet paper too.
gold price has gone up again recentlyPut my Biden bucs in gold and silver last winter.
Well really the dollar is going down again..... I have gold I bought at under $300 an oz.gold price has gone up again recently
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wow, LUCKYyyyy did you buy it during the 90´s?Well really the dollar is going down again..... I have gold I bought at under $300 an oz.
yes I started buying at $297 an oz in the 90s. Last buy was $1900 an oz a couple months ago.wow, LUCKYyyyy did you buy it during the 90´s?
The change in the USD is only minimal I´d say. I wouldn´t be too worried about it.
cool, but I wouldn´t have paid so much. I kinda doubt that gold will go up that much to make it worthwile. They are predicting that gold will go up to 2,000 or even a little more this yyear but they were were also saying that it would last year.yes I started buying at $297 an oz in the 90s. Last buy was $1900 an oz a couple months ago.
why would it though?If the US dollar tanks, what's supporting the value of your minerals?
yes I know, but it´s not going to be that dramatic. And besides, what goes down also goes back up again. Currencies as well as gold. So even if the dollar and/or gold go down in value, you just hang on to the gold until things get betterThat wasn't the question. Does your gold hold value in other currencies? The question is related to two comments above about the usd becoming toilet paper and purchasing gold/silver as a fallback.
The dollar is being displaced as the world standard currency as we speak. The new currencies that will be used are going to have to be backed by something of value as the world is fed up with e FED. As we all should be. It's the slow target inflation of 2% that enables the warfare/welfare state. When it gets above 2% then you know it's out of control. Even at 2% you are losing 2% a year. An ounce of gold will still buy a top of the line men's suit and a 90% silver quarter will still buy a gallon of gas.cool, but I wouldn´t have paid so much. I kinda doubt that gold will go up that much to make it worthwile. They are predicting that gold will go up to 2,000 or even a little more this yyear but they were were also saying that it would last year.
I really hope that it goes way up though, so I can sell my 2 half ounces. And then I hope it drops again big time.
I had sort of assumed that gold would go down because of the war but it didn´t. I can´t help but wonder why. ??
"What is interesting is we are getting more calls, but for the most part, bigger money. We are taking multi-million-dollar orders on a daily basis now. This is different than a few years ago...
...What is going to happen is demand is going to outstrip supply. The supply will be wiped out...
Ultimately, COMEX and LBMA are going to fail to deliver, and then you will see an absolute moonshot in gold and silver.”
5000 years of human history.If the US dollar tanks, what's supporting the value of your minerals?
Thank the marxists for accelerating the demise of the dollah. They weaponized it, and stole Russia's reserves. Other countries see the light and want no part of being under the economic thumb of a desperate dying fat bloated woke mess.The dollar is being displaced as the world standard currency as we speak. The new currencies that will be used are going to have to be backed by something of value as the world is fed up with e FED. As we all should be. It's the slow target inflation of 2% that enables the warfare/welfare state. When it gets above 2% then you know it's out of control. Even at 2% you are losing 2% a year. An ounce of gold will still buy a top of the line men's suit and a 90% silver quarter will still buy a gallon of gas.