The GOLD scream room

[yankees60]

https://money.com/central-banks-gold-bu ... aily_money

Central Banks Continue Their Gold-Buying Spree
By: Marc Guberti
Editor: Jordan Chussler
Published: Nov 14, 20247 min read

[dualstow]

…
Central Banks Continue Their Gold-Buying Spree

How come they’re not buying bitcoin?

[ochotona]

The US Treasury might start buying Bitcoin.

[Ugly_Bird]

The US Treasury might start buying Bitcoin.

At the peak price in this cycle :-)))))

[ochotona]

The US Treasury might start buying Bitcoin.

At the peak price in this cycle :-)))))

Oh no doubt!

[seajay]

The US Treasury might start buying Bitcoin.

At the peak price in this cycle :-)))))

Oh no doubt!

Thought/heard somewhere that they already did own thousands of bitcoins ??

EDIT ... the duck shouted out https://www.forbes.com/sites/digital-as ... -bitcoins/

The US currently holds roughly 207,000 bitcoin

[dualstow]

{ moved my reply to the bitcoin in the pp thread }
viewtopic.php?p=255229#p255229

[bitcoininthevp]

The US Treasury might start buying Bitcoin.

At the peak price in this cycle :-)))))

“You get Bitcoin at the price you deserve” as they say

[dualstow]

Looks like the chance of peace in the middle east is Making Gold Affordable Again.

[mathjak107]

last thing i think investors with already existing substantial positions want an investment to do is to fall and become affordable again

[dualstow]

last thing i think investors with already existing substantial positions want an investment to do is to fall and become affordable again

Can’t speak for others, mathjak, but I need more gold.

[mathjak107]

usually as time goes on what most investors can add in a down turn doesn’t amount to a hill of beans in performance vs the set back a drop in price causes .

it’s like at one time a good bear market in stocks maybe meant a few months of contributions to my 401k were wiped away .

today a mere 7% drop wipes out more then a decade of contributions at max.

what would get added is peeing in the ocean compared to the effect the drop would have

[dualstow]

Well, you’re old enough to know that assets don’t continually rise, no matter what one wants.
And, I’m still young enough to happily accumulate as the price goes down.

[dualstow]

Got my first gold Libertad today, influenced by Mark Leavy.

It’s just a 1/4 oz since they’re way more expensive than other gold coins. I’m used to crown gold and thought it looked a bit too yellow, almost green under the light, but it does indeed look beautiful under the skylight. I need a new light.

Got a silver one, too.

[pmbug]

Silver Libertads are really beautiful coins. I haven't seen a gold one other than internet pictures. Does it (the gold Libertad) have the same detail as the silver version?

[dualstow]

The same, yep.