If I told you guys this last year you would have just accused me of shilling gold like Peter Schiff did the last 20 years.
But something monumental is going on. Every single currency is crashing in comparison to the value of gold. Proof https://goldprice.org/ scroll down to see gold performance by year by currency Chart.
Every currency worldwide is being devalued at a rapid pace. You don't notice because they are only ratio'ing it against gold.
This all ties into a video I posted at c/WSbets yesterday.
Like Vince Lanci is telling you. (((They))) are hoarding all the gold and OCCUPYING it. They aren't selling. They are hoarding all the gold and crashing all the fiat currencies worldwide.
This will then bring in CBDC perhaps even a global CBDC or competing ones.
This transition is not going to be smooth. It's going to be chaotic. Right now they are trying to MANAGE the collapse of all the currencies and do it as secretly as possible.
I would add to that the US debt problem is going to drive this higher. The US is caught between a rock and hard place with no way to go but debt debasement.
The US can't afford rising interest rates which is why Trump is panicking to bring rates down. The problem is that makes US long term debt unattractive to real buyers, and those buyers keep moving into gold. Morgan Stanley CIO recently recommended a 60/20/20(gold) portfolio to replace the usual 60/40 they've been pushing for decades.
People are slowly starting to catch on, gold ETF inflows ramped up last week. An ounce of gold could easily be over $10k by the end of this decade. Buy now if you can and be prepared to defend it with your life.
haha i said the same thing in November of 2024. "Looks expensive." Gold went another $1000 up per ounce since i said that.
Basically, it's always LATE to buy gold. It goes up every day. I think it's up for 5 weeks straight.
Just buy now. You'll miss the days when you could get it below $4000 per ounce. Soon you will be mad at yourself that you didn't buy below $5000 per ounce.
It's not like stocks. It's not going to pull back 25% Gold isn't going back to $3000. We'll be lucky if it ever goes back to $3500 in the next months before racing past $4000.
The point of this post isn't to get you to buy gold or silver. It's WHY gold is having the best run it has EVER had or the best run since 1979. Back then Nixon took us off gold standard. But what is happening NOW? Or what is ABOUT to happen? What do the CENTRAL BANKERS know that the average person out here doesn't know yet? A huge monetary debasement worldwide.
Or just get into silver. You'll miss the days when silver was below $50. "Damn i was bitching about $44 per ounce and now it's $60"
Yes, I get the reasoning, fiat is going down and I agree gold will appreciate in time compared to it. I have a good enough stack and I will only be glad if it doubles. But I believe BTC will vastly outperform it like it did for the past decade.
Bitcoin is more risky in my opinion, but that could be due to my lack of understanding.
For example there seems to be lots of controversy over the Bitcoin Core 30 release. And listening to discussions, it turns out that bitcoin does still have vulnerabilities.
As soon as someone corrupts the blockchain, hacks it, or inserts some sort of malware then the thing falls apart. Also it seems more like a pyramid scheme to me than a real way to transact. Perhaps my criticism or hesitation is misplace.
Gold is outperforming bitcoin this year. Why aren't central banks buying up bitcoin instead of gold? Because bitcoin isn't a tier one asset according to the BASEL III rules banks comply with?
As soon as someone corrupts the blockchain, hacks it, or inserts some sort of malware then the thing falls apart.
It's not hosted centrally. There are thousands of instances (nodes) of the blockchain globally. If one node is corrupted it would have no effect on the rest. You'd have to simultaneously infect all nodes that run the blockchain.
Why aren't central banks buying up bitcoin instead of gold? Because bitcoin isn't a tier one asset according to the BASEL III rules banks comply with?
Blackrock and other financial corporations sure think otherwise. I predict that BTC is about to go on a bull run and will break 200k by the end of the year. The more one knows what BTC is the more one becomes more confident about its future. There's a good book The Bitcoin Standard - it's basically a short history of banking and where BTC fits in the big picture.
How could i cash out my bitcoin without the irs finding out? Seems the KYS Know Your Customer requirements mean that i will always have a tax reportable event, even if i buy something online with bitcoin in an attempt to leave the government out of it. Bitcoin may have been valuable on the silk road for anonymous transactions but isn't valuable if my identity and amount of transaction is reported to IRS every time i try to buy something with bitcoins. I might as well just cheer for the CBDC when i'm giving up that much privacy in my personal financial transactions.
You can sell BTC for cash anonymously with another person who has a wallet. So it's the same as gold. But unlike gold, you can trade anonymously virtually, whereas with gold you have to make physical contact with the other party.
If gold was more secure and anonymous, criminals would prefer it over BTC but that's not the case. This should be proof enough.
Looks like gold mining might become worth doing again. It's the hardest work you will ever do for the money, and I've worked construction for 48+ years.
a) Cata/kata (down) clysmic/klyzein (to wash). As form (life) within flow (inception towards death)...growing implies anaclysm, and loosing implies cataclysm.
b) Event/evenire - "coming out" implies form coming out of flow. Therefore...being alive implies the only event one can experience.
c) Occur aka ob (towards) currere (to run) implies forms choice to run away from preceding flow, hence away from cause and towards effect...which others exploit by "affect".
A jew suggests aboutism to tempt gentiles...from inside (perception) into outside (suggestion); from center (ones choice) towards circumference (chosen one), and from being free into becoming enveloped into bondage to another.
central bankers
a) https://riverbank.biz/ ...it's the running current in-between banks; not the suggested currency. Putting trust into any bank gets one stranded aka solidifies ones access to liquidity.
b) The center of flow (inception towards death) implies form (life)
c) What if solid (perception) within fluid (perceivable) can be tricked into a trade (consent to suggestion)? And what if a jew took down the "center of world trade" among gentiles?
Hoarding Gold
Hoarding ignores malleability. As solid within fluid...malleability implies adaptation.
Running Price Up
A solid within a fluid can only run down...others set prices up to distract from that.
to insane levels in every currency
a) Insane aka "within sound" implies the only current for each one within.
b) Level implies the balance underneath ones choice, not whatever one chooses to stack upon each other.
Once again...others suggest one to "level up", as to distract one from falling down.
doubled in price
A price implies a suggested value, which tricks ones choice to choose one half (suggestion) over the other half (perception).
Consenting to any price (suggested) slashes ones evaluation (perception) of value (perceivable) in half.
A jew suggests progressivism by tempting gentiles with prices "on the double".
"Double time" is a type of pay where an employee earns twice their normal hourly rate, typically for working extra hours under special circumstances, such as holidays or excessive overtime...that's how one is being tricked to spend effort for something doubled in price. It's just a carrot on a stick.
The foundation for double...ignoring one for two. There can be only one...god; energy; whole; all; cause; action; flow, and each one within....christ; power; partial; one; effect; reaction; form.
If I told you guys this last year you would have just accused me of shilling gold like Peter Schiff did the last 20 years.
But something monumental is going on. Every single currency is crashing in comparison to the value of gold. Proof https://goldprice.org/ scroll down to see gold performance by year by currency Chart.
Every currency worldwide is being devalued at a rapid pace. You don't notice because they are only ratio'ing it against gold.
This all ties into a video I posted at c/WSbets yesterday.
Please view this video to better understand what I am trying to warn you guys about https://communities.win/c/WSBets/p/1AR0ZZ7Qe6/russia-says-us-planning-37-trill/c
Like Vince Lanci is telling you. (((They))) are hoarding all the gold and OCCUPYING it. They aren't selling. They are hoarding all the gold and crashing all the fiat currencies worldwide.
This will then bring in CBDC perhaps even a global CBDC or competing ones.
This transition is not going to be smooth. It's going to be chaotic. Right now they are trying to MANAGE the collapse of all the currencies and do it as secretly as possible.
I would add to that the US debt problem is going to drive this higher. The US is caught between a rock and hard place with no way to go but debt debasement.
The US can't afford rising interest rates which is why Trump is panicking to bring rates down. The problem is that makes US long term debt unattractive to real buyers, and those buyers keep moving into gold. Morgan Stanley CIO recently recommended a 60/20/20(gold) portfolio to replace the usual 60/40 they've been pushing for decades.
I would have told you the same. Unless it's silver running up, don't worry.....oh wait, silver IS running up too. Maybe something is habbening
People are slowly starting to catch on, gold ETF inflows ramped up last week. An ounce of gold could easily be over $10k by the end of this decade. Buy now if you can and be prepared to defend it with your life.
Seems to expensive rn. I don't want to buy at double the price I paid a few year back. I'll wait for BTC to come down a bit and invest in it instead.
haha i said the same thing in November of 2024. "Looks expensive." Gold went another $1000 up per ounce since i said that.
Basically, it's always LATE to buy gold. It goes up every day. I think it's up for 5 weeks straight.
Just buy now. You'll miss the days when you could get it below $4000 per ounce. Soon you will be mad at yourself that you didn't buy below $5000 per ounce.
It's not like stocks. It's not going to pull back 25% Gold isn't going back to $3000. We'll be lucky if it ever goes back to $3500 in the next months before racing past $4000.
The point of this post isn't to get you to buy gold or silver. It's WHY gold is having the best run it has EVER had or the best run since 1979. Back then Nixon took us off gold standard. But what is happening NOW? Or what is ABOUT to happen? What do the CENTRAL BANKERS know that the average person out here doesn't know yet? A huge monetary debasement worldwide.
Or just get into silver. You'll miss the days when silver was below $50. "Damn i was bitching about $44 per ounce and now it's $60"
Yes, I get the reasoning, fiat is going down and I agree gold will appreciate in time compared to it. I have a good enough stack and I will only be glad if it doubles. But I believe BTC will vastly outperform it like it did for the past decade.
Bitcoin is more risky in my opinion, but that could be due to my lack of understanding.
For example there seems to be lots of controversy over the Bitcoin Core 30 release. And listening to discussions, it turns out that bitcoin does still have vulnerabilities.
As soon as someone corrupts the blockchain, hacks it, or inserts some sort of malware then the thing falls apart. Also it seems more like a pyramid scheme to me than a real way to transact. Perhaps my criticism or hesitation is misplace.
Gold is outperforming bitcoin this year. Why aren't central banks buying up bitcoin instead of gold? Because bitcoin isn't a tier one asset according to the BASEL III rules banks comply with?
It's not hosted centrally. There are thousands of instances (nodes) of the blockchain globally. If one node is corrupted it would have no effect on the rest. You'd have to simultaneously infect all nodes that run the blockchain.
Blackrock and other financial corporations sure think otherwise. I predict that BTC is about to go on a bull run and will break 200k by the end of the year. The more one knows what BTC is the more one becomes more confident about its future. There's a good book The Bitcoin Standard - it's basically a short history of banking and where BTC fits in the big picture.
How could i cash out my bitcoin without the irs finding out? Seems the KYS Know Your Customer requirements mean that i will always have a tax reportable event, even if i buy something online with bitcoin in an attempt to leave the government out of it. Bitcoin may have been valuable on the silk road for anonymous transactions but isn't valuable if my identity and amount of transaction is reported to IRS every time i try to buy something with bitcoins. I might as well just cheer for the CBDC when i'm giving up that much privacy in my personal financial transactions.
You can sell BTC for cash anonymously with another person who has a wallet. So it's the same as gold. But unlike gold, you can trade anonymously virtually, whereas with gold you have to make physical contact with the other party.
If gold was more secure and anonymous, criminals would prefer it over BTC but that's not the case. This should be proof enough.
Looks like gold mining might become worth doing again. It's the hardest work you will ever do for the money, and I've worked construction for 48+ years.
Gold is the actual value of the ever devaluing currency. Buckle up boys, this is gonna get rough.
a) Cata/kata (down) clysmic/klyzein (to wash). As form (life) within flow (inception towards death)...growing implies anaclysm, and loosing implies cataclysm.
b) Event/evenire - "coming out" implies form coming out of flow. Therefore...being alive implies the only event one can experience.
c) Occur aka ob (towards) currere (to run) implies forms choice to run away from preceding flow, hence away from cause and towards effect...which others exploit by "affect".
d) About/onbutan - "on the outside of; around the circumference of, enveloping"... https://www.etymonline.com/word/about
A jew suggests aboutism to tempt gentiles...from inside (perception) into outside (suggestion); from center (ones choice) towards circumference (chosen one), and from being free into becoming enveloped into bondage to another.
a) https://riverbank.biz/ ...it's the running current in-between banks; not the suggested currency. Putting trust into any bank gets one stranded aka solidifies ones access to liquidity.
b) The center of flow (inception towards death) implies form (life)
c) What if solid (perception) within fluid (perceivable) can be tricked into a trade (consent to suggestion)? And what if a jew took down the "center of world trade" among gentiles?
Hoarding ignores malleability. As solid within fluid...malleability implies adaptation.
A solid within a fluid can only run down...others set prices up to distract from that.
a) Insane aka "within sound" implies the only current for each one within.
b) Level implies the balance underneath ones choice, not whatever one chooses to stack upon each other.
Once again...others suggest one to "level up", as to distract one from falling down.
A price implies a suggested value, which tricks ones choice to choose one half (suggestion) over the other half (perception).
Consenting to any price (suggested) slashes ones evaluation (perception) of value (perceivable) in half.
A jew suggests progressivism by tempting gentiles with prices "on the double".
"Double time" is a type of pay where an employee earns twice their normal hourly rate, typically for working extra hours under special circumstances, such as holidays or excessive overtime...that's how one is being tricked to spend effort for something doubled in price. It's just a carrot on a stick.
The foundation for double...ignoring one for two. There can be only one...god; energy; whole; all; cause; action; flow, and each one within....christ; power; partial; one; effect; reaction; form.