Inflation

41,008 Views | 302 Replies | Last: 14 hrs ago by Oldsouljer
Werewolf
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I'm in!

Yep, I watched it. Manipulation I presume
Oldsouljer
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Bounce back by the metals and possibly the miners this morning. Most significantly, despite the savage downturn of the past few sessions, the 50 DMA hasn't been penetrated. We'll see how the week ends.
CALS grad

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Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:



The term for this is "buying opportunity". Besides, western hemisphere buyers really haven't bought in yet, this thing is a long ways from entering "mania phase".
CALS grad

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Werewolf
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Oldsouljer said:

Werewolf said:



The term for this is "buying opportunity".

Yep, I'm tapped out on it right now doing all I can do.

Another possible impact is US Senate Bill 954 that hasn't come out of Committee and has to do with BITCOIN and revaluing gold. I don't understand the complexities, but I keep digging into it.
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Werewolf
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By the way, India's Central Bank is now adding Silver as part of its strategic reserve.

Silver as a strategic serve? Wow, what does that suggest, if anything?

Around the globe, US Dolla, Gold and the Euro are what are held as reserves right now, correct? Gold at $5790 passes the US Dolla as the #1 reserve around the globe. What does this mean? Central banks are certainly buying gold.

#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

By the way, India's Central Bank is now adding Silver as part of its strategic reserve.

Silver as a strategic serve? Wow, what does that suggest, if anything?

Around the globe, US Dolla, Gold and the Euro are what are held as reserves right now, correct? Gold at $5790 passes the US Dolla as the #1 reserve around the globe. What does this mean? Central banks are certainly buying gold.



As ol' Biden would say, "it's a big effing deal". It's not just about the monetary aspect, the U.S. has now deemed Atomic number 47 as a strategic mineral, way overdue in my opinion.

Edit: a common stacker strategy is to exchange silver into gold from time to time. I've thought about that in order to increase my meager gold stack but keep hesitating…maybe for the best.
CALS grad

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Werewolf
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Oldsouljer said:

Werewolf said:

By the way, India's Central Bank is now adding Silver as part of its strategic reserve.

Silver as a strategic serve? Wow, what does that suggest, if anything?

Around the globe, US Dolla, Gold and the Euro are what are held as reserves right now, correct? Gold at $5790 passes the US Dolla as the #1 reserve around the globe. What does this mean? Central banks are certainly buying gold.



As ol' Biden would say, "it's a big effing deal". It's not just about the monetary aspect, the U.S. has now deemed Atomic number 47 as a strategic mineral, way overdue in my opinion.

Edit: a common stacker strategy is to exchange silver into gold from time to time. I've thought about that in order to increase my meager gold stack but keep hesitating…maybe for the best.

Atomic number 47 probably has a better upside with the ratio running between 40:1 and 90:1 this past century.
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

Oldsouljer said:

Werewolf said:

By the way, India's Central Bank is now adding Silver as part of its strategic reserve.

Silver as a strategic serve? Wow, what does that suggest, if anything?

Around the globe, US Dolla, Gold and the Euro are what are held as reserves right now, correct? Gold at $5790 passes the US Dolla as the #1 reserve around the globe. What does this mean? Central banks are certainly buying gold.



As ol' Biden would say, "it's a big effing deal". It's not just about the monetary aspect, the U.S. has now deemed Atomic number 47 as a strategic mineral, way overdue in my opinion.

Edit: a common stacker strategy is to exchange silver into gold from time to time. I've thought about that in order to increase my meager gold stack but keep hesitating…maybe for the best.

Atomic number 47 probably has a better upside with the ratio running between 40:1 and 90:1 this past century.

True, but because I have more significant amounts of it than Au or Pt, I consider it my best asset against currency collapse.
CALS grad

“Regulars, by God!”
Werewolf
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Oldsouljer said:

Werewolf said:

Oldsouljer said:

Werewolf said:

By the way, India's Central Bank is now adding Silver as part of its strategic reserve.

Silver as a strategic serve? Wow, what does that suggest, if anything?

Around the globe, US Dolla, Gold and the Euro are what are held as reserves right now, correct? Gold at $5790 passes the US Dolla as the #1 reserve around the globe. What does this mean? Central banks are certainly buying gold.



As ol' Biden would say, "it's a big effing deal". It's not just about the monetary aspect, the U.S. has now deemed Atomic number 47 as a strategic mineral, way overdue in my opinion.

Edit: a common stacker strategy is to exchange silver into gold from time to time. I've thought about that in order to increase my meager gold stack but keep hesitating…maybe for the best.

Atomic number 47 probably has a better upside with the ratio running between 40:1 and 90:1 this past century.

True, but because I have more significant amounts of it than Au or Pt, I consider it my best asset against currency collapse.

I'm with you, I like the physical silver I have right now as a 'just in case all he$$ breaks loose'. I probably have more of it than I actually need but @ $50/oz over what I paid for it, and what it's likely to do, I'm keeping it.
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Werewolf
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Fiat currency, the Federal Reserve and the Central Banks.....the greatest scam in history and the greatest theft upon you, the people. This is a fairly easy schematic which illustrates how the scam works; there are other videos out there too which might even be simpler to understand than this one.

(892) The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Ep 4 - YouTube
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Oldsouljer
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Metals and miners rebounding nicely this week from about the 50 DMA. We'll see if the rally resumes or if it drops again, maybe down to the $3500 level. I'm maxed out on miners but if it drops that low again, I can see dropping some fiat coin for some physical.
CALS grad

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Oldsouljer
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Another rate cut by Powell. Not sure gold can get down to $3500 now, but will grab physical if it does. The government debt nightmare slowly builds….

CALS grad

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Werewolf
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About $5,790 per Troy Oz of Au was the value I saw represented whereby AU replaces the fiat dollar as the primary global reserve. I haven't a clue how this # was arrived at.
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

About $5,790 per Troy Oz of Au was the value I saw represented whereby AU replaces the fiat dollar as the primary global reserve. I haven't a clue how this # was arrived at.

Awhile back (within six months ago), Mark Meade Baillie calculated that the dollar had been debased to a value of just north of $4300.
CALS grad

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Werewolf
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Been watching for indications of what this ratio might be. Certainly liking 10:1......maybe $5K:$0.5K
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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This will be the actual reset, but where's the jumping off point?
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Werewolf
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15:1.......... we gonna go $6.0k:$0.4k?
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Werewolf said:

Been watching for indications of what this ratio might be. Certainly liking 10:1......maybe $5K:$0.5K


Sheesh, I'd be sitting on a nice little sum at $400 silver. That said, I can't discount that the metals and miners are going lower this week as the dollar appears ready to significantly rally. The only question is whether it rallies against the metals or merely against other currencies.
CALS grad

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Werewolf
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Oldsouljer said:

Werewolf said:

Been watching for indications of what this ratio might be. Certainly liking 10:1......maybe $5K:$0.5K


Sheesh, I'd be sitting on a nice little sum at $400 silver. That said, I can't discount that the metals and miners are going lower this week as the dollar appears ready to significantly rally. The only question is whether it rallies against the metals or merely against other currencies.

Absolutely, definitely a WIN! LOL
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Werewolf
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Oldsouljer said:

Werewolf said:

Been watching for indications of what this ratio might be. Certainly liking 10:1......maybe $5K:$0.5K


Sheesh, I'd be sitting on a nice little sum at $400 silver. That said, I can't discount that the metals and miners are going lower this week as the dollar appears ready to significantly rally. The only question is whether it rallies against the metals or merely against other currencies.

I'm guessing other currencies.
#Devolution #Expand Your Thinking #Eye of The Storm #TheGreatAwakening
Oldsouljer
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Investing in the metals isn't for sissies. Serious volatility with today's huge rally from the recent correction. Miners up equally huge, you don't often see the HUI index up over 25 in one day.

https://www.kitco.com
CALS grad

“Regulars, by God!”
 
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