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If they "discover" a vaccine, and everyone is convinced that things will return to the "old" normal.... Than yes, Gold will tank. But I'm honestly starting to think they'll keep this crap going on for as long as humanly possible. So who really knows anymore. Hate to say this.... but this time...

Yea, really like the Queensland Mint bar. Edit : Shame I'm not looking to buy. Every dollar the spot moves up, I take another step towards the sellers side of the room... Lol.

I still feel this , but.... Interestingy , since I made that statement , I'm starting to question the relevance / significance of something going "parabolic". What does it really mean anymore ?. It's almost the "New Normal" ( pun intended ). The money supply , tech stocks , property , bond...

Was looking like a nice run up....then it stalled. Break up or Break down....that be the question. Will it be outrageous good fortune or good fortune dismayed.

Honesty... I'm more excited about the Australian Dollar. Silver is taking a breather. Expecting much more yet. Australian Dollar parity ?. Happened before.... And I'll be sure to order all those car parts I missed out on last time....lol.

I'm Because it's gone up about 6%+ this month? Alt coins maybe. But BTC?. I expect the excess funds to flow back into BTC , when the hysteria dies down. But still predicting a steady rise for BTC , nothing parabolic. Edit : And I expect Alt coins have had their run...so BTC ?

And there goes $31

^ Well as long as we don't resort to borrowing in USD and trying to print our way out of it ( aka Argentina or Allan Bond - an amusing story that one ) But as long as the rest of the world "believes" we are dependable, it should all be good....They'll accept our AUD.

Sorry, I'm only halfway through this thread. But... But no, Argentina didn't chose to default. It had no real option ( at least in 2001). Remember, at the turn of the century, Argentina was an economic "developing nation" powerhouse. And this is the key to this discussion.... Having been...

So how's that Chart going? I assume the second J, indicates July?..... And BTW, still holding that SPX short?

Hi @President Trump, Yea, I've been one of those people with too much time on their hands... Lol. I've been interacting with Shiney and Leo for sometime...... I just finished taking a break from all forms of media, so I've been a little quite. So do I, that's how I live my life. But...

Because it was never intended for the "real" economy. It's purpose is to lubricate the financial system, not stimulate the economy. Monetary policy, at its best. Fiscal policy stimulates economies.

https://www.abc.net.au/news/2020-07-17/what-is-modern-monetary-theory/12455806

Lol, yea. Don't worry, someone actually cut one of his coins in half, just to check them... I actually googled him up this afternoon, and he's still going....:eek: But none of them limited edition ones listed though.... good to see my "investment" is safe, Lol. https://shibemint.com/

Wow... Dogecoin. That takes me back. Feels like a hundred years ago, but I think that's just the pace of crypto... Lol Treated me well in its day. I owned millions of Doge in the early days. Which ultimately led to buying more BTC. Sadly I think its days are done. I'm no longer aware of any...

Welcome :)

Welcome :)

I'd hold off on that Mansion purchase.... It looks like the Fed may foil your plans.

Just interested, to confirm. By "mid single digit" silver. Your talking $5 US price?, circa 2002 prices. Edit : Referencing your own quote... "Waiting to buy silver once its in mid single digits- maybe year end or early next year."

Your implying that a major correction was inevitable, based upon the underlying fundamentals? That is my view completely. But it's a little flukey that he "appears" to have gotten the timing almost perfect. I was honestly expecting this to trend up a little longer. But with that said, I've...