OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@ Buygold RE: “I can’t do another one of these crashes in the shares.”

Posted by drb2 @ 23:49 on May 16, 2023  

Hi BG,

I hear what you’re saying. Me too. I’m so sick of this crap.  It’s like death by a thousand cuts.

The problem I struggle with when I think of selling out, is that I know I am right when it comes to PMs – the medium of exchange between humans is too important for it to be created out of thin air as debt… and that is exactly how Federal Reserve Note are created.  Eventually, without question, they will fail.

The problem for people that embrace this thought is that they are true believers.  There is an old saying “a long Bear Market can not end until the last Bull (true believer) gives up hope.”
The more one thinks about that statement the more it makes sense.  And the more it scares me – I may have to sell out in order for PMs to at long last be free. 😬

For the first time since 1913 when the Fed was created, a credible alternative has been proposed. There is a sliver of hope that this new currency will somehow be tied to commodities, including PMs.  It is hard to think of a more demoralizing event than, after years (and years of) torture, to sell out totally…. then try to get back on the train, but be too late to catch it.

Good Luck

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