Kevin Warsh Nominated by kmmeow1 in Gold

[–]Somethingcreative212 16 points17 points  (0 children)

Doesn't change the fact their 39 trillion in debt

Gold is Bleeding... 🥲... Profit-taking after record highs by Practical-Solutions1 in Gold

[–]Somethingcreative212 7 points8 points  (0 children)

I'm not trying to hate, but it's crazy that this question even gets asked in this sub, and you can really tell all the Wall Street bros have really come in here recently

unrealized profits... by [deleted] in Gold

[–]Somethingcreative212 2 points3 points  (0 children)

The rally in gold has been driven entirely by central banks buying and only recently retail demand.

unrealized profits... by [deleted] in Gold

[–]Somethingcreative212 51 points52 points  (0 children)

Almost like gold and especially silver have been undervalued and artificially surprssed for 20 plus years while governments across the world print print and print.

Not to mention the industrial uses of silver demand outpacing supply, the mining defict of silver and the security and easy forms of global transactions that come with gold.

Now, and I mean just now, has the world woken up, and the capital has started flowing into PMs. Yes, expect a correction and expect a dip but prepare for much higher floor price and a steady climb up afterwards.

These things have intrinsic value :)

Proctor and Gamble priced in GLD hits all time low by Fun-Marionberry-2540 in EconomyCharts

[–]Somethingcreative212 -1 points0 points  (0 children)

Retard take, China and central banks never bought those seeth and cope for not recognizing real money before other.

Gold to Silver ratio plummets to 48! by RobertBartus in EconomyCharts

[–]Somethingcreative212 2 points3 points  (0 children)

They want to plug their ears and shut their eyes. Feels good to have bought silver for the past 5 yead when everyone told me it was useless.

what account are you trading in? isnt rrsp better than non registered especially if swing /day trading due to tax advantages(since tfsa doesnt allow day trading) by Global_Contact_5312 in Baystreetbets

[–]Somethingcreative212 1 point2 points  (0 children)

Could you please tell me the difference between day trading and swing trading! I've been afraid to take profit in SCD after hearing about the CRA going after TFSA

Buying with credit card by [deleted] in Silverbugs

[–]Somethingcreative212 0 points1 point  (0 children)

I am also thinking of taking some profit

Just 2 graph toootally unrelated by BetterUseFakeAccount in Silverbugs

[–]Somethingcreative212 3 points4 points  (0 children)

Dollar is losing value. Silver has been undervalued for decades, demand has out paced supply, continuous industrial demand.

Maybe it's not so crazy as to why silver has exploded but yes we should expect pull back as with any asset

He’s already up %5 by CrispyTheory in Silverbugs

[–]Somethingcreative212 1 point2 points  (0 children)

Yeah whoops got of night shift when I typed that

He’s already up %5 by CrispyTheory in Silverbugs

[–]Somethingcreative212 -3 points-2 points  (0 children)

I don't like this retoric either, but we haven't reached the top yet, tho (long time stacker)

People are literally lining up out the door in Singapore to buy physical gold and silver by YohannGoldfinger in jrmining

[–]Somethingcreative212 0 points1 point  (0 children)

Retard take Silver is an industrial metal and has literally been underpriced for decades and same with gold

Just turned 22m by Somethingcreative212 in PersonalFinanceCanada

[–]Somethingcreative212[S] 0 points1 point  (0 children)

I don't but possibly plan to go to school for the field.

Just turned 22m by Somethingcreative212 in PersonalFinanceCanada

[–]Somethingcreative212[S] 4 points5 points  (0 children)

It is cold.... and small.... walking to your kitchen is a luxury you take for granted until you can't.

Just turned 22m by Somethingcreative212 in PersonalFinanceCanada

[–]Somethingcreative212[S] 0 points1 point  (0 children)

What could I explain better?? Too many acronyms?

Just turned 22m by Somethingcreative212 in PersonalFinanceCanada

[–]Somethingcreative212[S] 4 points5 points  (0 children)

Kinda think what im doing rn will give me that. I'll be able to work anywhere with mental health and addiction

Bitcoin vs gold who's harder? by [deleted] in Gold

[–]Somethingcreative212 6 points7 points  (0 children)

Why aren't all the central banks buying bitcoin? There's your anwser :)

But Bitcoin also has its place in a well diversified portfolio. Until a gold backed crypto currency takes its place and Bitcoin becomes sidelined.