Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!

"The big question is, will gold find support at its 200DMA, or is this a systemic breakdown that ignores the future deficit-spending collapse of credibility in the global reserve currency?"

They call that a crash?

In the crypto world, that is called lunchtime

Gold is so inflated too

Interesting, considering that all goods and services have in reased since COVID.

it's not inflated it's just your dollar isn't worth as much you fool

You need to get financially educated, because your statement is ignorant as fuck.

The supply and demand for other precious metals to satiate the technological demands of the electronics industry has made people realize gold is only as good as it’s usefulness in a future world where marriage is going to be outlawed because of climate change

Wait until India goes into a dip, gold will crash hard, they hold a huge percentage.

The mining industry is going to be next on the list after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

The mining industry is going to be next on the list for the ECO COMMIE TERRORISTS after the oil industry is brought down by the EPA so lobbyists from SILICONE VALLEY can pay DEMOCRATS to nationalize under the guise of climate change no different than what Biden wants to do with the fossil fuel industry which means losses in the future until DEMOCRATS are finished destroying everything they touch that makes America great using fake crypto to feed their fake egotistical personalities as illustrated in the dichotomy that is the premise of this very thread

gold isn't inflated, no one has any cash, so gold is selling lower, don't expect it to stay this low, wait till after the holiday season, the government is causing this with limiting the cash supply...the stockmarket cash isn't even used.

Gold should have a nominal value, consistent with its industrial use. World economies should no longer be based on it.

It's looking like crypto (Bitcoin specifically) might be next in line.

Money evolves like everything else... just very, very slowly.

Don't be surprised if they link Gold to Crypto here very soon.

DOW 30,000!

NADAQ 12,000!!

I think options expiration is tomorrow so typical shenanigans to smack down the price... should rocket back up soon...

No thanks. Bitcoin is gold of the future that can easily be transferred and traded anywhere in the world. have fun using your gold bars to trade.

Gold is found to play a role in joint health and electrical signals of the human body. Every human has real pure gold in their body that amounts to something like a .22 mm cube.

[link to www.gold-traders.co.uk (secure)]

You don’t know history or what the future holds.

That’s ok. But you will be poorer for your lack of knowledge.

Paper dump and now Dec Comex is more than $3 below spot so no one will ask for good delivery. Try and buy physical for spot though. Impossible. Show me where to actually buy physical gold anywhere near spot.

:rere23:

Keep holding on to that outdated store of value! My investments are up over 2300% this year.

More and more money that has been in Gold will move into Bitcoin.
That is what we are seeing...transfer of wealth from PMs to crypto and BTC in particular.

Again this is based off of the premise that Biden is allowed to steal the election no matter how you try and spin it

Oh and I forgot to mention that one time when the US GOVERNMENT actually seized gold from the citizenry on an industrial scale which means the legal precedent already exists from almost a century ago proving you geniuses haven’t learned our own history which means we are doomed to repeat it as you have proven by attacking me

Well bravo you must be living large then eh?

I agree, but paper only!

Last Edited by Don Of N*******t on 11/24/2020 12:49 PM

That was back when the dollar was backed by gold. It's backed by oil now.

Yeah which is why I stated Biden is targeting the oil industry first and then the mining industry again under the auspices of CLIMATE CHANGE but keep pretending like there isn’t a historical legal precedent that happened during the last SHTF situation America faced during The Great Depression and this will be no different



Thread: Government Confiscation of Your Gold

Thread: Governments may make private gold ownership illegal

Lots of claims about crypto, yet never any proof that people actually hold.

Best medium of control is a digital currency.
Shut the power and you are broke.