InvestorsHub Logo
Followers 606
Posts 37237
Boards Moderated 9
Alias Born 08/15/2009

Re: NYBob post# 860

Monday, 04/24/2023 10:06:03 AM

Monday, April 24, 2023 10:06:03 AM

Post# of 883
I also think BRICs nations will continue to power ahead sucking up all the Worlds
supply of gold/silver. National Gold vaults will be held. There won’t be the big float of metals other than paper gold.

And we all know the risk in that.

The Treasury and DC will push for the digital dollar in July. Florida came out and said they will not recognize it. That the first shot across the bow. Other Red States will follow..
And if not the digital, paper ain’t that better due to the World dumping their US petrol dollars back on our shores wanting to buy up everything not nailed down.
Inflation will be on steroids.

I can not see how America is not heading for a massive currency failure.
Hold onto those low fix rate debts. Pay down your credit cards.

I only want physical.

Even miners. That’s paper gold. Your stocks must be converted into paper money to buy food and tangible goods. I think that transaction from gold stocks to money will be a problem.

And I still like silver till the ration gets to 60 or below. So for now, I’m still buying 1/10 gold American bullion coins and any 10oz silver bars. I get a few every two weeks.
It’s addicting too.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.