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Gold "going through the roof"?

Posted by D&P-OR 
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D&P-OR
Gold "going through the roof"?
April 04, 2023 08:18PM
$2019.60 per oz.-----What's the highest it's ever been?
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DJW-OR
Re: Gold "going through the roof"?
April 04, 2023 08:28PM
Hey Del I believe it reached 2,074 and some change. smiling bouncing smiley
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NASA-Tom
Re: Gold "going through the roof"?
April 05, 2023 01:31AM
Gold is now "more regularly" punching through $2K......and MUCH more often.
Guess what THAT means!

((( Remember............ gold has always been about the same 'value'. It is its SURROUNDINGS that have changed. )))
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Harold,ILL.
Re: Gold "going through the roof"?
April 05, 2023 11:54AM
When silver going to hit that 100.00 a ounce number I hear about? For the last 7 years or so I hear every year how it going to hit it and never comes close.
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okara gold
Re: Gold "going through the roof"?
April 05, 2023 01:07PM
Harold,ILL. Wrote:
-------------------------------------------------------
> When silver going to hit that 100.00 a ounce numbe
> r I hear about? For the last 7 years or so I hear
> every year how it going to hit it and never comes
> close.


I've been playing the lottery for over 7 years and have yet to hit $100. LOL
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mrb1268
Re: Gold "going through the roof"?
April 06, 2023 01:43AM
Tom D., What are typical changes of "surroundings" when the price of gold spikes into the 2k range and are they good, bad, or possibly both?
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shoveler
Re: Gold "going through the roof"?
April 06, 2023 02:41AM
You have people getting paid $20/hour to flip burgers , do you think that is good or bad? People like to talk about inflation nonsense in terms of products which is really only an obvious portion of underlying "surroundings". When you have wage inflation it is in a whole different level of seriousness.
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mrb1268
Re: Gold "going through the roof"?
April 06, 2023 03:13PM
Shoveler, I got the first sentence of your reply read and the picture started taking shape quickly.
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NASA-Tom
Re: Gold "going through the roof"?
April 07, 2023 01:01PM
mrb........ It's artificial/controlled inflation.

For the most-part......... gold has not changed.
Example:
Today: 10-Oz of gold will buy you a car.
100 Years ago: 10-Oz of gold will buy you a car.
200 Years ago: 10-Oz of gold will buy you a car. (Horse & Buggy)
1000 Years ago: 10-Oz of gold will buy you a car. (Horse & Carriage).
Etc......etc.......etc..........

This is to say: The Dollar (foreign or domestic)...... is what fluctuates. . . . . . . . . . . . . . and most always.....based///referenced off of gold. (((Hence: Gold Standard))).

Does this make any sense? (Sometimes my explanations are cloudy!)!!!
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mrb1268
Re: Gold "going through the roof"?
April 07, 2023 03:48PM
Tom D, it absolutely does make sense, and makes me wish I got paid in Gold every week instead of a paper check.
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NASA-Tom
Re: Gold "going through the roof"?
April 09, 2023 01:20AM
And this topic should be in the forefront of humanity.......the survival thereof................,,,,,,,,,,,,,,, and (history repeating itself)........in epic magnitude. It is of grave concern. (Due to partially hidden ---far-reaching--- MULTIPLE implications).
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shoveler
Re: Gold "going through the roof"?
April 09, 2023 03:21AM
"Gold is a barbaric relic" A.G.
The only ones who care about gold are those who arrive on Planet X when it get here.
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NASA-Tom
Re: Gold "going through the roof"?
April 13, 2023 01:27PM
Are you guys seeing what's happening now?.....with the price of gold?
It is TOO comfortable (at/above) the $2K mark.

It is a inflation index.
It will DEVALUE the dollar.
It EXPRESSES the devaluation of the dollar.
It is more than a shake-up/wake-up call.

Never forget your 4G's:
God
Guns
Gold
Ground
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steveg
Re: Gold "going through the roof"?
April 13, 2023 07:12PM
NASA-Tom,

I couldn't agree more...

Steve
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shoveler
Re: Gold "going through the roof"?
April 13, 2023 07:38PM
Tom , you forgot about Gals



Edited 1 time(s). Last edit at 04/13/2023 07:40PM by shoveler.
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possum mo
Re: Gold "going through the roof"?
April 14, 2023 03:12AM
Since 2001, gold and silver have gone up about 6.5x
And the dollar has lost how much value since then?
The metals are " dollar insurance."
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midalake
Re: Gold "going through the roof"?
April 14, 2023 04:23AM
possum mo Wrote:
-------------------------------------------------------
> Since 2001, gold and silver have gone up about 6.5
> x
> And the dollar has lost how much value since then?
> The metals are " dollar insurance."


Since 2001 the dollar has SMASHED every major global currency!
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shoveler
Re: Gold "going through the roof"?
April 14, 2023 04:35AM
The dollars relationship to other currencies always goes back to that leper with the most fingers analogy. The difference now is that others are beginning to realize that the disease is contagious and the simplest solution is to avoid the leper in the first place. When that begins to happen , gold's relation to the new preferred currency will be what really matters but if you have none , you will have nothing.
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goodmore
Re: Gold "going through the roof"?
April 14, 2023 10:46AM
If it ever comes down to precious metals or nothing the poop will have flown through the fan long before that. The collapse of the economy including food supplies, utilities, fuel, and of course any type of production. Saving precious metals for a top dollar investment is a great decision. Saving precious metals for an end of the world's economy is not.



Edited 2 time(s). Last edit at 04/14/2023 11:24AM by goodmore.
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steveg
Re: Gold "going through the roof"?
April 15, 2023 03:30PM
Saving precious metals so as to possibly be able to function "outside of" a "controlled economy" where CBDC/digital (trackable) currency has replaced physical currency, MAY also be worth considering...

Steve
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possum mo
Re: Gold "going through the roof"?
April 26, 2023 05:05PM
Have you noticed the price of constititional ( junk silver)? Dimes almost $4 ea, quarters $8 ea.
5 quarters contain about an oz of silver, $40 per oz. One oz bars are selling for $32.50 oz, paper spot silver $25. Junk silver supply is tight.
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NASA-Tom
Re: Gold "going through the roof"?
April 27, 2023 01:35AM
Good point!
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dewcon4414
Re: Gold "going through the roof"?
April 28, 2023 12:35PM
You only get 90% spot melt on silver.
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shoveler
Re: Gold "going through the roof"?
April 28, 2023 04:12PM
dewcon4414 Wrote:
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> You only get 90% spot melt on silver.

Only if you're lazy. Silver in any recognizable form will bring a 25% premium in any open market. If you want to go to a retail store or refiner and sell it then you are setting yourself up to get screwed.



Edited 1 time(s). Last edit at 04/28/2023 04:30PM by shoveler.
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dewcon4414
Re: Gold "going through the roof"?
April 29, 2023 11:10AM
I agree some people have a nack for turning a buck for the silver they find. I’m one of the lazy ones who don’t spend hours tumbling pennies or putting silver on the net. But on some gold pieces I will otherwise it’s off to the refinery. Like most pirates thou I’ve have a box or two of my own “precious”.
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marcomo
Re: Gold "going through the roof"?
April 30, 2023 02:11AM
But if, God forbid, the poop does hit the fan and the banking system along with the dollar collapses there will still be a need for a valid currency. History points to that currency being gold and silver.
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NASA-Tom
Re: Gold "going through the roof"?
April 30, 2023 01:39PM
Every time.
And with a track-record of 1000's of years.
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