Was the US attack on Iran the right thing to do?
Total Voters: 31
Loading ...Trump is part of the fundamentals vs scraps and losses during demos unless your a vaccine manufacturer. He’s oil friendly, miner friendly and business friendly although adversarys and those leaching off US or sleeping through potential future economic dangerous China’s move on commodities and securing oil resources might not like but what they do like only works for the globalists and criminals Anything can happen but when Trump is finishing his last term and if I’m still around I would be a bit nervous except for having phyzz.
I think when are you going to sell should be more of a physical holding question on what you will trade it for although timing helps.
The stocks are a different story. Like are they getting greedy and diluting investors shares thinking they can use them to make money off forever or using other avenues and hedging if they need money and leave investors and their profits alone or just avoid them or make them speculative not core and get out before a reverse split. Political reasons. Costs reasons. Trump works to keep oil prices down but running, permit and business friendly plus which miners or those holding their shares can also hedge but as far as oil depending on how high will negatively affect miners as well as commies and dictators esp net zeros or taking over mines dictators. More seasoned traders won’t sell on the first red candle if they know its still in a bull channel and if fundamentals are in place less moving around to different shares or taking some profits on particular stocks for whatever reason. They also know not to set it and forget it.
Re Vronsky….nah….he can’t celebrate…he banned himself !!!!!
Earlier today, shortly after silver jumped above $100. He posted on X, “Congrats everyone on $100 silver. Couldn’t have happened to a better group of degenerate mildly autistic misfits.”
Bateman’s trade could easily be up more than 250%, though he did not disclose his cost basis at the time. Either way, it stands out as one heck of a trade. As for readers who purchased ZeroHedge coins and bars of gold and silver, the hedge has clearly paid off.
I wonder where he stores it? His reasons:
The banking system has been meticulously designed to seize your assets to buoy up a collapsing banking sector (see The Great Taking). You have ZERO counter party risk with precious metals.
Are you a lurker here David?
Or aluminium, beans, OJ futures etc. as they are constantly being used, the supply and demand is based upon consumption. Nobody stores high volumes of these things because they either deteriorate or the prices can drop – you might hang on to copper a few months, or years even, but it takes up a lot of space and eventually it’ll peak and fall.
Gold and silver are both consumed, gold only in small quantities, and we know that we’re holding them because they have been the go-to for financial soundness for five millenia or so. Which means that for them to continue to rise there must be continued increase in interest of their monetary characteristics.
There are about six billion ounces of gold above ground in the form of bullion, coins and jewellery. That’s less than one ounce per person worldwide. Even if you took America by itself that’s only 18 ounces per person. Silver is worse, only about 4 billion ounces or 12 ounces per American. Therefore I can’t see either of them ever becoming a unit of currency again, there just isn’t enough for America let alone the ROW. Value gold at $20,000 per ounce, each gram is $654, a loaf of bread is 0.00025 oz; one thousandth of a quarter of an ounce. Give silver a 100:1 ratio even, and a loaf is 0.025, one tenth of a quarter of an ounce. A silver nickel contained double that, so every American could have 480 nickels and 18 eagles if the USA gets all the gold and silver and converts it to coinage.
Obviously that’s not going to happen. The plan must be to back a paper or digital currency by gold to give the impression of stability. So the price stops moving when the US, or China, set the price. M3 is about 21tn, so with 8144 tons of gold reserves in the US, 261,000,000 ounces or $81,500 per ounce. Who knows? But I think that if there is a plan to back currency by gold and/or silver, it’s got a way to run yet.