Your prediction for 2024

[Rhodes]

Originally Posted by em2nought

Gold moves up to $2600 an ounce.

Buy gold, buy silver!



2024 will be Dooommmm

[Skybird]

Originally Posted by Rhodes

Buy gold, buy silver!

You should have done that already some years ago! Why buying gold when the prices are already high?


They will not go up endlessly, however, the govenrments and central banks heavily manipulate the gold price to strip it off its alarm function for the public. A high gold price would tell everybody that the government's fiscal policies suck. They do not allow such a clear signal. The process by which the gold price gets agreed on by that certain board, is highly dubious and murky at best - and thus very prone for political interference. Also, central banks will do their share in buying or selliong to manipulate the gold price as wanted, according to the will of their political masters.



And if all that does not work anymore to keep up the facade, they will prohibit private possession again.

[em2nought]

Originally Posted by Skybird

And if all that does not work anymore to keep up the facade, they will prohibit private possession again.

Buy pre 1933 numismatic gold priced at around scrap value.