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At the moment the Central Bank and Government is fighting againest this natural deflation by printing money. Deflation before hyper inflation. There's a time lag from spending to inflation. How long I don't know. What will happen to housing? Will that deflate or hyper inflate? Not sure. It...

Hyper inflation in Australia seems on the way.

Zimbabwee style? Dow 3000,000?

Close. Firle.

Theres a Coles Supermarket in Adelaide where the entire carpark has well maintained Rosemary Bushes as the dividers in the carpark as well as surounding the entire shopping centre. The same shop sells 'fresh' cut Rosemary for $7 for a couple of twigs.

There's rumors Coles is considering purchase restrictions for Brisbane.

1OZ Silver 999 generic coin, plus a tiny of bag pre 46 3 pence coins. From an OP shop. Super suprised to find this in an OP shop and especially so to pay only $17 total.

The firing squad is preparing to keep you safe. Now stand facing that wall!

What does that even mean? What is the point of your post?

Yeah 2011 would have sucked I imagine. It should have been the crash then but it was averted for nine years. Now the worlds in a way worse position and the crash is coming. There maybe some other troublesome things coming too.

Misquote?

The price hasn't bust. Bust would be $15 AUD OZ physical.

Fiat technically has no real value but its been successfully trading as our currency since at least 1971 ... I'd say 1914. So reality and value isn't really how to call things. One reality is there is massive amounts of Fiat floating around in Stimulas and in the stock market etc that still...

Would panic selling be called FOMO into Fiat? At the moment prices are still way up from this time last week.

This is a different animal to 2011. The worlds economys are in a literal obvious death spiral. Not that I was around in this space in 2011.

Sit tight and get some pop corn buddy. We live in interesting times.

How far? How long will it drop for? Not long I would guess.

$34.40 USD? So a $12+ gain in 5 days?

Expecting a pop on Monday?

A thread to guess the spot price for the next week ahead. A random guess and see if any ones close. My guess for next Friday the 31st $24 USD Any other random guesses? Bulls, Bears or Sideways.