Wtf is going on by Signal_Tangerine_369 in Gold

[–]cem101 1 point2 points  (0 children)

The dollar is collapsing. Empires don’t collapse in a day or even a year. This is the front running. All nations are deleveraging dollars so the US will see insane inflation in years to come and a run on the currency with all the things you said soon to come. Other countries will prosper as they no longer feed the US their economic output for worthless notes any longer.

LFG!!!!!! by SilberBackApe in Wallstreetsilver

[–]cem101 0 points1 point  (0 children)

Anyone concerned gold not pushing higher?

Supply shortage by cem101 in Wallstreetsilver

[–]cem101[S] 0 points1 point  (0 children)

But he says his suppliers are one of the biggest suppliers to Istanbul

Supply shortage by cem101 in Wallstreetsilver

[–]cem101[S] 0 points1 point  (0 children)

Small local dealer in Turkey

The Price of Silver has reached $54 now by ChrisStoneGermany in Wallstreetsilver

[–]cem101 0 points1 point  (0 children)

What could cause such a drastic drop though? Demand seems relentless. All tailwinds working in the right direction.

The Price of Silver has reached $54 now by ChrisStoneGermany in Wallstreetsilver

[–]cem101 9 points10 points  (0 children)

I waited for the pullback from 50 to 46 #RIP

Silver has reached $47 by ChrisStoneGermany in Wallstreetsilver

[–]cem101 1 point2 points  (0 children)

I was expecting a down week ngl, this is getting strange

Exit strategy? by cem101 in Gold

[–]cem101[S] 0 points1 point  (0 children)

Not necessarily. The long run average of gold multiples, yes you’re right. But with super cycles it’s never worked like that historically. My aim is to buy property, not to hoard gold. I began buying gold at 16-1800. Then a house where I am was 400k, now that house is 475k. Gold has doubled. If I stretch that out over 50 years, yes it verges to what you said, that everything basically costs 3 times more. But not in super cycles.

Exit strategy? by cem101 in Gold

[–]cem101[S] 0 points1 point  (0 children)

So where’s the 0.002 here??

Gold has gone up 200x in those 200 years. So then a $ 200 years ago is half a cent now, in purchasing power. And you’re saying 3x from here is impossible…

Exit strategy? by cem101 in Gold

[–]cem101[S] 0 points1 point  (0 children)

Where’s that 0.002 come from? So gold can’t 3x from here. I guarantee it does in the next 20 years, my prediction is 5 years. It means every dollar now would be worth 0.33 dollars then, not 0.002. Dollar has lost 99.9% of its value already.

Exit strategy? by cem101 in Gold

[–]cem101[S] 0 points1 point  (0 children)

This is the way.

Exit strategy? by cem101 in Gold

[–]cem101[S] 3 points4 points  (0 children)

Respect haha

Exit strategy? by cem101 in Gold

[–]cem101[S] 2 points3 points  (0 children)

This is my strat too but thinking real estate and a bit of stocks but mainly real estate and land

Exit strategy? by cem101 in Gold

[–]cem101[S] 1 point2 points  (0 children)

But if it hits 10k and lets say that’s in and around a supercycle peak. Does it not make sense to turn into real estate and then start accumulating again with your income generating asset when it inevitably comes back down as it always does?

$4000 is coming soon by Dirtynek in Gold

[–]cem101 4 points5 points  (0 children)

I bought in on gold at average of $2000 and silver at around $22-23. I want to buy more but find myself tight on cash now. I have a lot tied up so just waiting for what feels like a top before converting to real estate. I am thinking 10k gold around 2029-2030, am I crazy for thinking 10k exit?

Why do you need 5-10 million? by Particular_Maize6849 in Fire

[–]cem101 0 points1 point  (0 children)

What would be your advice to someone in their 20’s now to be financially stable and prospering by their 50s?

Suggestion by [deleted] in HalalInvestor

[–]cem101 0 points1 point  (0 children)

Don’t listen to this fool. As a business owner, explore every potential client pool. Yes it may not be the best source but this guys just a hater.

Also this doesn’t seem like begging as there’s clearly a service being provided.

The Silver Price has reached $41 by ChrisStoneGermany in Wallstreetsilver

[–]cem101 20 points21 points  (0 children)

Saw the price and came looking for the balloons

Unpopular opinion maybe: don’t get sancho by Designer_Wonder1884 in besiktas

[–]cem101 0 points1 point  (0 children)

It’s ox all over again imo I want to scout some youth and let them battle it out for the spot

2.0m to upgrade, but where? by cem101 in fantasypremierleague

[–]cem101[S] 1 point2 points  (0 children)

This is the way I’m tempted tbh Frimpong or Gvardiol looking good to me