Where the gold haters at 23,24,25,26,27,28,2900? ⤴️

[hemightbejeremy]

Gold at $15K, silver at $70? ‘This is what happens when the U.S. prints fake money’ – Robert Kiyosaki

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

"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.

 

[Boston.Knight]

CCP is accumulating gold making their play on the next monetary system. Trump is accumulating crypto with our tax dollars who do you think is going to win ? 💰🚮🤦‍♀️

https://www.moneymetals.com/news/2025/01/27/chinas-covert-gold-purchases-in-london-continue-unabated-003788

 

[Boston.Knight]

Where are you at now bitches? I hope you're enjoying your $50 hamburger

 

[goodknightfl]

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.

 

[hemightbejeremy]

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

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.