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re: Gold and Silver Prices
Posted on 1/29/26 at 5:49 pm to Missouri Waltz
Posted on 1/29/26 at 5:49 pm to Missouri Waltz
0
Posted on 1/29/26 at 5:54 pm to Missouri Waltz
Parker from Gold Rush gonna buy more excavators and dozers now. When he started gold was around what, $1500/oz?
Gold and Silver Pawn Store also likely making bank as people sell jewelry.
Gold and Silver Pawn Store also likely making bank as people sell jewelry.
Posted on 1/29/26 at 5:59 pm to Missouri Waltz
quote:
Gold is well over $5,000.00 per ounce. Silver is well over $100.00. Something monumental is about to happen. I just wonder what it is.
If Congress passed a balanced budget amendment gold. silver and crypto would likely have significant price reductions, particularly if there was a serious attempt to begin paying down the federal debt. You would likely see a higher demand for US government securities rather than the Fed carry $6.5 trillion in US debt that nobody wanted to buy.
But you won't see a balanced budget amendment when all the banks and smart money have been moving to gold and other hard assets over the past 10-15 years, they're positioned for the financial collapse and a balanced budget amendment would hurt their current investments.
This post was edited on 1/29/26 at 6:51 pm
Posted on 1/29/26 at 6:10 pm to Missouri Waltz
Silver is moving up pretty fast due to physical supply. China, India and others need a crap ton and more for manufacturing. Physical stocks cannot keep up.
This post was edited on 1/29/26 at 6:11 pm
Posted on 1/29/26 at 6:15 pm to UtahCajun
I bought 2 10 oz Silver Bars today for a thousand dollars
Posted on 1/29/26 at 6:17 pm to Powerman
quote:
Powerman
Everything he says the opposite happens
Posted on 1/29/26 at 6:17 pm to Missouri Waltz
44 page TD Money thread on silver started Black Friday
Junior miners is the play
Junior miners is the play
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 1/29/26 at 7:17 pm
Posted on 1/29/26 at 6:18 pm to UtahCajun
Also, 80% of every dollar in circulation has been printed in last 5 years…
Posted on 1/29/26 at 6:19 pm to Kjnstkmn
Loading Twitter/X Embed...
If tweet fails to load, click here. US Debt Clock - New Money Revolution - A Golden Age
This post was edited on 1/29/26 at 6:25 pm
Posted on 1/29/26 at 6:21 pm to Missouri Waltz
I have been fortunate that I have been buying gold and silver (albeit) small amounts of gold for 30+ years. I have silver that I bought as low as $5.00 an ounce for bars, and my last purchase was in November at $45.00 an ounce.
My primary purpose for doing this was prepping in case something happened to the dollar or there was a financial collapse. I will say that I am enjoying this run up in prices. I think they are here to stay for a while.
My primary purpose for doing this was prepping in case something happened to the dollar or there was a financial collapse. I will say that I am enjoying this run up in prices. I think they are here to stay for a while.
Posted on 1/29/26 at 6:21 pm to Powerman
quote:
The dollar is being devalued just as Trump laid out in his economic plan
This got a bunch of down votes but is accurate.
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If tweet fails to load, click here.This post was edited on 1/29/26 at 6:22 pm
Posted on 1/29/26 at 6:21 pm to stuntman
quote:
quote:
The dollar will collapse and be replaced by a gold (or silver) backed currency.
I sure AF hope this is true. Will suck for a while while the price system works out the kinks, but the size and scope of government will be crushed if this were to happen.
Totally worth it
Posted on 1/29/26 at 6:22 pm to Powerman
quote:
The dollar is being devalued just as Trump laid out in his economic plan
I knew when the Financial Meltdown of 2008/2009 occurred and all that US taxpayer money bailed out the banks and too big to fail corporations.... the odds of ever getting US debt under control was probably over. And here we are post Covid-19 Psyop and the dollar's purchasing power has dropped nearly 50% since 2008.
Posted on 1/29/26 at 6:24 pm to GRTiger
quote:
The dollar will collapse and be replaced by a gold (or silver) backed currency.
Central Banks around the globe have been the largest buyers of gold since 2008 and the bulk of their buying has occurred over the past 10 years.
Posted on 1/29/26 at 6:51 pm to Pragmatist2025
quote:
I invested a shite ton in silver @ $17-18/oz for about 5 years in a row a while back. It is worth a whole lot right now. Just sitting on it.
Same. I could cash out, pay off my house, and buy a new truck if I wanted, but I don't think we're near done. Besides, it gives me peace of mind knowing it's there.
Posted on 1/29/26 at 6:57 pm to Tantal
quote:
Besides, it gives me peace of mind knowing it's there.
Same here
Posted on 1/29/26 at 6:59 pm to Missouri Waltz
My wife (no pics) owns a good bit of gold. She’s been quite excited following the price rising.
Posted on 1/29/26 at 7:00 pm to PsychTiger
X22 - Ep 3829a - Gold Has Officially Overtaken US Treasuries, Financial System Is On The Verge Of Change
Twitter Link
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If tweet fails to load, click here. Twitter Link
This post was edited on 1/29/26 at 7:04 pm
Posted on 1/29/26 at 7:01 pm to Nado Jenkins83
quote:
My grandfather got me into buying when I was young. I have always bought gold and silver when I could. To be honest in an extreme apocalyptic setting I would be targeted trying to use it.
You buy brass for those scenarios.
Posted on 1/29/26 at 7:02 pm to PsychTiger
This post was edited on 1/29/26 at 7:04 pm
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