The GOLD scream room

[Smith1776]

Holy moly. That's all I have to say.

[dualstow]

I asked chatgpt how long it has taken to triple. “He” says 9 years 4 months. (Dec 2025) Is that right?

If so, that’s a 12+% CAGR. Not too shabby.

[Ugly_Bird]

Sitting tight.

Just was thinking.
The Gold portion of my 4x25 HBPP is close to 30%.
In order to reach 35% bracket it should get to $3500.
Is it even realistic?

Getting close. This could be the second time I would rebalance from gold since I started 4x25 HBPP.

[perfect_simulation]

[I Shrugged]

[dualstow]

A friend sent me this. I'm more of a reader than a youtube watcher, but Judy Shelton is mentioned and she comes up here. Maybe someone's interested.

Mentions temporarily trading gold eagles for silver ones.



youtube's title and description

GLD & SLV Are Just Paper—The Real Metal Is Now in BlackRock & JP Morgan’s Vaults | Andy SChectman

The two most powerful financial giants on Earth—BlackRock and JP Morgan—now control more gold than 80% of the G20 countries. How did this happen? And what does it mean for your savings, your ETFs, and the global monetary system?

In this video, Andy Schectman breaks down the stunning shift in gold custody from sovereign vaults to private hands, exposing the rise of GLD and SLV as paper decoys while the real metal gets locked away in private vaults.

Is this just smart strategy—or the beginning of a global financial reset?
---------------------

[ochotona]

Has anyone done business with Andy Schectman's Miles Franklin company? I'm looking at their storage options. The Minnesota BBB gives them an A- grade.

[boglerdude]

Got spooked by the gold revaluation talk, because I didn't hear about it till now. https://www.bullionvault.com/gold-news/ ... -031920251

Caved and opened 5% positions in PFIX and PHYS

[ochotona]

I don't understand how the Treasury revaluing gold would have any effect on the world gold market price... unless they went to market with those bars to sell.

[perfect_simulation]

how far will it go? all because the dollar is losing value. It looks like this happened in 2011, but gold pulled back hard

[yankees60]

Has this appeared / been discussed here?

https://www.sustainability-times.com/cl ... l-economy/

“Biggest Ever, Believe Me”: Trump Declares Discovery of World’s Largest Gold Mine a Multi-Billion Dollar Shock to Global Economy


In an unprecedented geological find, China has unveiled a colossal gold deposit that could reshape the global economy, ignite geopolitical tensions, and challenge existing environmental norms.

[dualstow]

Interesting! My M-I-L is originally from that province (Hunan).

[boglerdude]

M-I-L is originally from that province (Hunan).

whats your family's take on CCP

edit1 https://en.wikipedia.org/wiki/Hasui_Kawase

[dualstow]

Mixed. They grew up with Mao. M-I-L is coming around.
Doesn’t like the current leadershiip and somehow doesn’t see the resemblance.

[boglerdude]

"While China's government is officially communist, Pew Research Center found that most Chinese people express support for capitalism. Roughly 76% agree that people are better off in a free market economy."

That's. . .odd. Is this like how everyone knew Biden was demented but didnt care.

2019 eh https://www.wsj.com/articles/get-ready- ... 1552003346 Even if you believe in the novel virus, 2020 was a purge of those who questioned the "for the greater good" narrative

[dualstow]

Gold falling sharply. I’d be inclined to buy more when it gets below 3000. Obviously more of a psychological threshold than a rebalancing band.