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Gold $3k,31,32 📈


"This is what happens when the U.S. keeps printing ‘fake money,’” Kiyosaki told Kitco News on the sidelines of the Vancouver Resource Investment Conference. “Every time they add another trillion to the debt, the purchasing power of the dollar drops. Gold and silver don’t get more expensive – your dollars just buy less.”

Gold has gained nearly 20% over the past year, driven by record central bank purchases, inflation concerns, and geopolitical instability. “Rich people know what’s real. Poor people don’t. That’s the difference,” Kiyosaki said, holding up a gold coin. “This is real money. Dollars are just paper.”
That’s nice. VTI has also gained more than 20% over the last year and is much more diversified. VTI a couple percent off an ATH. Only difference is it didn’t take a decade between ATHs like gold. But who knows. You might be right. But I still haven’t seen the play of gold as a hedge against a bear market play out in my lifetime. But at least it is gaining in this Bull.
 
Where are you at now bitches? I hope you're enjoying your $50 hamburger
Hamburger cost what it does gold or no gold. Really stupid comment. Gold today 2890, gone up far less than the market over the last 20 years. So you sell your stock and you have more cash for burger than if you sell your gold.
 
Buy gold bitchez. Consolidating now for the next leg up. Global Central banks addicted to money printing for the 1%er's.

The next stage will begin when enough local currencies blow up to make people realize that the problem isn’t with specific governments or national forms of money, but with the idea of fiat currency itself



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This post was edited on 1/23 9:55 AM by Boston.Knight
SPX is at 6100 making all time highs. 10 years ago it was 2000. So people who didn’t dump everything in gold like you suggested are doing just fine.
 
good morning bag holders. See you $3k soon. Enjoy your $45 hamburger and start packing a pistol
 
See you at $3500 bag holders while the S&P index fund goes in the tank. This whole Fiat currency systems getting ready to shit the bed.
 
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Central banks and mega billionaires are buying up all the gold get their hands on. There is a real crisis of confidence going on with the dollar right now. It's very sad and unfortunate 📉

Bessett it is right, the only way to get a handle on this thing is to allow for a stocks correction. Take away all that printed money from the rich folks and redistributed to the poor folks
 
A new milestone boys a 31 handle. Gold is flashing something big is happening and I think the US economy is going into a hard recession. DOGE is completely offsides on this important issue. The deep state wants to tank the Trump economy. Even endorsing it which makes no sense at all. They better start some tariffs on India or tech is gonna go in the tank as a career in the US

 
gold faaaar out-pacing equities at this point....


What it tells me is the deep state is going to win this economic battle to make the Trump admin look bad and send the US economy into recession

IBM shedding 9000 US jobs shipping them to India. They don't even try to hide it anymore. I got news for you all of tech is doing the same thing. They're very open and transparent about it so until the government does something expect a lot more of it

Trump got completely fleeced offsides by Elon on offshoring white collar and it's going to blow up on both of them big time
 
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