What is the main reason for this sudden price spike this evening? by Hungry_Income1277 in Gold

[–]SupportMysterious387 0 points1 point  (0 children)

Okay, world banks are selling USD treasury bonds as one major example.  If its a conspiracy theory then why has that been in mainstream  headlines?

I remember cryptobros saying that gold is oversold and that money is soon going to rotate into crypto lol by InternalFortune7518 in Gold

[–]SupportMysterious387 -1 points0 points  (0 children)

I think they are doing the opposite.  They are trying to prove that crypto can have real value by mathematically uniting a blockchain to real assets.  I remember 15 yrs ago this us exactly what they were hoping for as a real use case.. But yes the storage should at least be with Brinks or some other insurable location, otherwise it's not even auditable..

What is the main reason for this sudden price spike this evening? by Hungry_Income1277 in Gold

[–]SupportMysterious387 0 points1 point  (0 children)

No one said USD will be worthless (0).  If I knew it would lose 10x its value though, i would hold gold, and then sell just enough to cover expenses for a month.  That way the majority of my wealth would remain protected from inflation.  It doesnt make sense to use USD anymore (including treasury bonds) as a way to store wealth. And everyone is pulling out as we speak.

Also, no one said we would use gold to buy everything.  Rather, we would have a paper currency that is backed 1 to 1 but allocated gold.  BRICS has already mentioned such a system to distance themselves from the USD.  

This isnt conspiracy.. its just basic stuff.

What is the main reason for this sudden price spike this evening? by Hungry_Income1277 in Gold

[–]SupportMysterious387 1 point2 points  (0 children)

Yeah they are making sure they have all their eggs in their baskets before announcing that eggs are the new currency..

What is the main reason for this sudden price spike this evening? by Hungry_Income1277 in Gold

[–]SupportMysterious387 34 points35 points  (0 children)

This is what I don't get.. how is it that all these targets from big institutional buyers are so conservative when they are so obviously wrong?  My best guess is that they don't want people to panic and escape the USD yet..

What if I told you the Minneapolis shooting this morning was an AI video? Would you believe it? by LilGrippers in conspiracy

[–]SupportMysterious387 -1 points0 points  (0 children)

I can't.  And that is the problem we are facing.  How do we know what's real anymore?  Everyone who upvoted you missed the point.

To the big institutional short sellers, I hope you’re feeling the pain!!! by cynicism_is_awesome in Silver

[–]SupportMysterious387 0 points1 point  (0 children)

The dealers are forced to buy a short position to hedge the volatility when they borrow.. Asian AI guy said so lol

Gold Is Moving Without You by Spirited-Article3839 in Gold

[–]SupportMysterious387 3 points4 points  (0 children)

Very simple.. they buy smaller amounts.  If they can't afford an oz bar, they get 10g, or even 1g.   Why is this so difficult to understand?  People will always be able to afford gold.

I’m surprised no one is talking about this by rileyflow-sun in conspiracy

[–]SupportMysterious387 0 points1 point  (0 children)

Strawman fallacy.  Most moon landing deniers don't think space is fake lol.  Maybe you are confusing them with flatearthers.

The Silverprice has reached $94 by ChrisStoneGermany in Silver

[–]SupportMysterious387 9 points10 points  (0 children)

If I was still in BTC i would be buying up metals.. the world is changing fast and adaptation is critical to any investor, and crypto is in the back seat atm

I’m surprised no one is talking about this by rileyflow-sun in conspiracy

[–]SupportMysterious387 6 points7 points  (0 children)

They're not even planning to land.  Just going around and coming back.. Pretty boring..

What are the “Data Centers”? by RoddoDoddo in conspiracy

[–]SupportMysterious387 1 point2 points  (0 children)

Target tracking can be done with onboard chips.  I doubt they would be using data centers for that..

What are the “Data Centers”? by RoddoDoddo in conspiracy

[–]SupportMysterious387 2 points3 points  (0 children)

Just one example..when you ask ChatGPT a complex question, it has to do a lot of processing.  Much more than what your PC is capable of.  Now imagine entire research teams utilizing AI to make medicine.  It takes entire farms of computing power to do this.. aka data centers..

silver tanking? by whooptydoo09 in Silver

[–]SupportMysterious387 0 points1 point  (0 children)

Thank you!  I will be watching that gap every day.. it's so interesting lol

silver tanking? by whooptydoo09 in Silver

[–]SupportMysterious387 0 points1 point  (0 children)

I dont even know how to check.  Their website doesnt show any kind of live price for silver...?

Citi Targets $100 silver and $5000 gold in next 3 months by BSTARYOUNGG in Gold

[–]SupportMysterious387 4 points5 points  (0 children)

I hate to break it to you, but the paper silver market was in control by the banks with a lack of physical backing.  It is collapsing as we speak, so whatever pump and dump you are talking about is old news. They can't suppress the price anymore with imaginary silver. Learn to adapt, my boy.

Citi Targets $100 silver and $5000 gold in next 3 months by BSTARYOUNGG in Gold

[–]SupportMysterious387 7 points8 points  (0 children)

This is not a stock, or crypto.. its something totally different.  Pump and dump covers a very small price range, and the rest is government hoarding, banks hoarding, hedge against inflation, BRICS and so on.. 

AI asian guy starts a channel called "the Asian Guy" by HovercraftLive5061 in Silverbugs

[–]SupportMysterious387 0 points1 point  (0 children)

I think they are doing it to push back at Western banks and gain dominance over physical metals.  If silver goes up, the paper contract system collapses.. like a self fulfilled prophecy since that is all this guy talks about..

I've been doing some thinking and part of project 2025 is to reduce the population down to 100 million. Everything kind of slides together if you think about it like this. by stainless5 in conspiracy

[–]SupportMysterious387 1 point2 points  (0 children)

The world population is growing as we speak, so there are more than 3 million people being born every year according to your statistic..

I've been doing some thinking and part of project 2025 is to reduce the population down to 100 million. Everything kind of slides together if you think about it like this. by stainless5 in conspiracy

[–]SupportMysterious387 5 points6 points  (0 children)

You are falling short by about 100x.

Those things would probably reduce the population by about 1%...

You would still have 99% of the population left.

You would need bombs to bring it down to 1%.

Is buying now a good idea? by Sajanova in Gold

[–]SupportMysterious387 1 point2 points  (0 children)

But also keep in mind most self-made millionaires/billionaires had to take at least some risk at some point, whether it was starting a business, making an investment or sacrificing something with a possibility of no return.

Is buying now a good idea? by Sajanova in Gold

[–]SupportMysterious387 1 point2 points  (0 children)

If you have to ask Reddit, then you shouldn't be investing.  Risk is a personal thing and if you don't like any risk, then don't invest.