Gold Tumbles Below $1800, Erases All YTD Gains

It’s only paper gold….nothing new is it?

to any naysayers i would say this - gold and silver have nothing to prove, they have been money for literally centuries clear back to Biblical days 2000 years ago.

it is this tiny slice of an aberration history in the last 50 years to 1971 that people became skeptical about the value of gold because they grew up without it being tied to the dollar, as it was for 200 years before that.

if the price of gold was proportional to the money supply when they decoupled it in 1971 it would be 5 digits easy.

The war is fake and the shortages are also. This is part of the covid 2030 reset economic plan. You all should understand this by now. In stagflation, there is whats called a deflationary event that brings dowm the value of assets, bought with fiat currency. It is all manipulated.

Is it pure bullion?

someone i was listening to was just explaining that the "Strength" of the dollar was just relative to other currencies which are all being printed and debased too.

kind of a shell game. i think it just reflects the US empire status as many other countries and even their currencies are probably dictated by the US as they are essentially vassal states from post ww2 relations like germany and japan.

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What gold a marxist imperialist neomanarchist entity has is immaterial since it isn't involved with any version of fair trade.
Since both China and Russia are clearly preparing for a war against the west the actual retail price is unimportant since their ultimate goal is to invade and destroy all competitive cultures and anyone refusing to knuckle under.

In other words, it's being manipulated to benefit the manipulators and their agendas

Paper on its way to zero. Physical unchanged.

a free market always entails manipulation and always has. however the fundamental case for gold and silver are solid. you buy them to preserve wealth, as money, not as an "investment".

i believe once bondholders and pension fund managers, and other big money asset managers who are holding these bonds and other dollar tied assets getting negative real returns figure out that inflation is going to be high and persistent, there will be a huge flight to gold that no amount of comex naked shorting will deter.

gold as a percentage of the average persons portfolios in paper and physical terms is tiny, like single digits if that. imagine 50 million americans dumping their 401ks to buy gold.

Who got to keep Libya’s gold?

Not Libya!!!

Google Calander this, last chance to the greatest opportunity to ever be offered to Joe average to buy something this discounted, outside of your mortality, any young person with insight to the scam will be rewarded for their patience if they put forth the effort to buy now, call me out in 18 months.

I was wondering why Gold and Silver dealers were Hustling the sales of these rather than hording them for greater gains.

It's not wise to measure value with fiat.

Gold have not erased it's gains. It's the dollar that is getting stronger versus some assets that are being liquidated.

One ounce of gold buys exactly the same quantity of goods it bought a hundred years ago.

The fiat money PRICE of things is the great illusion the cabal uses to rob us blind.

yeah, i just checked and 1 oz bullion coins have up to 6 dollar
add for premium. they expect us to take a loss if we sell, but
they refuse to take a loss on their prices.

oh well, there are plenty of other commodities to play with.

The SLV boys are buying as fast as they selling, ya that's normal.

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Try to buy the physical product for lower.

But Andy Shechman said buy one month ago.

it's interesting A/C 371 asks what gold is used for and casually wonders what point it has "outside a store of value".

really, in the financial world, a store of value is basically what propels the economy itself. it's not a trivial concept. printing currency backed by nothing but force is a gamble as the world will eye up alternatives like Russias commodity backed currencies, oil traded at a discount, and so on.

and yes jewelry, electronics, etc. also the occasional exotic application, i believe all the beryllium mirrors on the james webb space telescope are coated in gold.

Makes total sense, the banksters are in panic mode. They know full well the end is neigh as they cannot cover the paper gold and silver contracts....by by western central bank crooks!!!

Try to buy physical silver. You'll pay at least double for the real deal. It's going up and when the shackles break, as they're about to for obvious reasons, it will go beyond the moon.

Stack motherfuckers.
Stack it ALL.
Then HODL until the Klausing bell.

:schwaboz:

As others have written, there is some market manipulation going on. But gold has lost a bit of its luster since the 70s and 80s when it went to the moon even while Volker was raising rates.

For some reason, idiots think that with the fed raising rates that the dollar is a safe haven. The elites are setting them up to fail. And mark my words, while they artificially keep gold depressed, they are loading up. At some point, and only they know the day, they will pull the rug out and all the dollar longs will lose everything. We all know that this Fed is not Volker’s Fed. If they tried raising rates to 20%, the US wouldn’t be able to make debt payments and they would default.

This, physical gold is still very expensive vs paper gold.

Retards / trump tards / q tards have been saying that for 6 years.

Just stfu with dates and predictions.

Where and how is the best way to sell gold and silver coins?

So where do you sell at a good price what you already have?

Most probably.