People have been eating gold for thousands of years ... Kings, Rulers, High Priests etc ... it has to be good for something ... get to know your history ...
If you think that is me then you are very wrong ... I just know some history and that the real value of gold is not monetary ...
Egon von Greyerz explains the Gold Maginot Line (as in a believed impenetrable line during the 2nd World War until the enemy went around it): https://kingworldnews.com/greyerz-my-1-million-wager-and-the-gold-maginot-line/
Aussie gold is in a dichotomy at the moment. $100 above its 2011 maximum, but $500 short of its US max. All being equal, we should ignore Oz and concentrate on the US. AUD $2,500+ is a real possibility!
Gold has a new low now no big deal. Its inevitable. We'll never see the sub $1350s again I bet. I just ordered a $100 bag of walking liberty half dollars last Friday. They havent even cleared my check yet and it's already gone up $50. I'm already looking at Ferrari's like one of those fancy Bittycoiner guys!
Things are moving at such a frantic pace that I am in a bit of a daze! Gold at over $2030 As I type. $1360 was the manipulator's line in the sand evil number( as in the occult religion numbers 13 and 6 are considered sacred ) Since this has now been breached after 6 years, I think they will let the price rise a few hundred dollars before establishing a new resistance level may be at US$1666 level. Either way gold is going to AU$2500 before years end.
"I'm already looking at Ferrari's like one of those fancy Bittycoiner guys!" Do you mean like this guy? Near the end of the song: we Stackers wouldn't settle for a DODGY COIN, would we Peeps?
Personally, I think it is just more saber-rattling on the part of the Zionist neocons in the USSA. If there is a war with the Persians it will be limited. The real war to worry about is the end times World War 3, between the USA and China and Russia this will involve nuclear weapons. But that's still quite a few years away, so let's not allow that eventuality to spoil our gold party!
Iranians have too much pride to bend to anyone and we should avoid conflicts with them. The last thing we need are problems like that.