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@silverngold Re Massive Amounts of ETFs 15:29

Posted by Mr.Copper @ 16:29 on October 6, 2022  

The trend I see, is the “system” keeps giving birth, to more and more different ways and things for people to bet on. No different than bitcoin. At the same time, all the new selections, including ETFs, conveniently absorb massive amounts of excess unused unspent paper money supply AWAY from Gold.

The Kryptonite for this paper money system.  Try to imagine what would happen to Gold and Silver if all that other crap out there didn’t exist.  They are performing like a big sponge mop. Or a good receptacle like a giant condom for the scum or Feds promiscuous ejaculation of fake money.  I should get a Emmy award for this one. And even with all that, we have $1700 Gold and $21 Silver.

Some of the money supply goes into stocks bonds and real estate bubbles. And when they pop, all that unspent paper evaporates. Then they can keep up with their money supply creation printing job. Be happy.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.