Looks like the retail shops are stuck with shit quality at high prices (especially Perth) so I’m busting out the premium stash. Probably still too early but fuckit, stored energy with a bit of profit and turning it into gold who give a fk!
Looks like gold is frontrunning more transitory inflation like last time? Hold onto your wallets! Youtube is already full of sheeple crying for rent and price caps haha. Everyone wanting government to fix the problem. Clueless.
What's behind China's gold-buying spree? For more than a year, China's central bank has been buying up large amounts of gold. The move, along with the wars in Ukraine and Gaza, have helped spike the price of the precious metal to new highs. https://www.dw.com/en/whats-behind-chinas-gold-buying-spree/a-68738420?
What are people’s thoughts on current record gold price ? Is mid 3k the new bottom or will we have a pull back ? Thoughts opinions Timmy
Your guess is as good as anyone's, anyone claiming to know what's going to happen is purely speculating. Some will say well according to this chart or that chart blah blah blah. Fortunately I've acquired what I set out to hold, late bloomer Ive only been stacking since 2020 but I bought large quantities of both silver and gold pretty quickly. From my own research I made the decision on what I thought would play out in the coming years and it seems I was right lol I think we've only just started, this whole shitshow is about to go bonkers! In more ways than one.
Only being doing this afew years my uneducated opinon is a a pullback based on way worlds heading...pessimisim and the ability and mechanisms available to systems of control. But im loving seeing gold rise and what we value gain value...and hoping at least silver finds a solid floor. Bought some for 1st time in awhile i also believe platinum the outlier will have its time once again
If/when plat regains its ‘rich man’s gold’ status you’d have to think it close to the end of the bull for monetary metals. In saying that the world’s going to look quite different by then
Can agree there but imo silver been more of industrial then monetary metal for while and these properties also help keep it down as quantities needed...balance of when resource is limited to when value/price elevated who knows real stats not I still learning alot. Still know theres many untouched desposits that as yet unprofitable or undesirable to mine. When started i was hypnotized...just like the toad from futurama i listened to pumpers to much, bought to fast and didnt learn shit all, silver captivated me now i see the potential still and possibility but probability of anything is questionable. Im happy bought gold and think over time will continue a steady climb...its in another class its density and value make it a superior store in many important ways. For large scale investment in Ag within my means have a decent stack but rather stake in mines as they can mirror the results can sell and buy instantly and am not breaking my back. Cool picture man plats worth a gamble as lower quantities then all and has chance in hydrogen perhaps,etc. My crappy two cents worth view
