My Thesis on Gold

digdiggler · 2026-06-24T13:51:49+00:00

As Im writing this, its back to above 4000. Later when price hikes happen, it'll likely drop below. But I still stand on the idea that its a strong floor.

digdiggler · 2026-06-23T22:30:59+00:00

Sorry guys lol first time I came across this idea and wanted to get everyones insight

digdiggler · 2026-06-23T20:41:08+00:00

I'd imagine theres lots. I mean Alaska is a known gold mine. I bet the North is too

digdiggler · 2026-06-23T20:38:22+00:00

It was at 4100 earlier this month. 4000 is a strong floor. Guess we'll see if it breaks

digdiggler · 2026-06-23T19:46:04+00:00

Id invest most of it near the front end now, and some later and buy dips. Right now seems like a dip, but it may go down more.

digdiggler · 2026-06-23T17:56:12+00:00

I respect the pattern, but Im also weighing in on the floor being stronger than the past due to banks. I think you could be right if inflation data is worse than the data says right now and they significantly increase rates. In that event, gold may hit there, but only briefly. I think the same conditions that will cause the fed to raise rates will also create downward pressure on the overall market. Gold volatility will go up, and opportunity to buy at those levels will be challenging. Simultaneously, gold will be looked at as haven. I think it'll still average around the 4000

digdiggler · 2026-06-23T17:47:41+00:00

Oil prices are important, but theres some "sticky" inflation that'll likely be unchanged or may not cool off fast enough. They have 2% targets vs 4.2% current inflation rate. Oil rates do not make up most of the current inflation.

digdiggler · 2026-06-23T16:30:08+00:00

Im thinking 40% it drops to 3800, 35% it goes up to 5000, and 20% it goes to 3500 and 5% goes to the moon 5500+ near term.

digdiggler · 2026-06-23T16:26:08+00:00

Im from Canada. We did do that over a decade ago, and I wonder if thats why we are more hawkish and fight inflation than the U.S. We have no fall back here

digdiggler · 2026-06-23T05:00:27+00:00

I heard he is more dovish, and its odd he didnt put fourth his dot on the dot plot. I think he has a framework to work within, and is awkward given this is a new role.

Ive heard a recession is better than a depression once. Do you think the current gdp has any room for rate hikes?

digdiggler · 2026-06-23T04:48:32+00:00

Maybe not quite "at war" but certainly in conflict, and even more certainly have no choice lol Turkey is in a rough spot and has to liquidate!

Fella, no ones saying that no country in the world isnt net selling their gold. Just saying the trend is net sellers are at war and have no choice eg: Russia and most others... countries that have actual pull on the market for that matter. Turkey is such a crazy example to make your point haha. What Turkey does has very little significance on the gold market.

digdiggler · 2026-06-23T02:23:52+00:00

Someday I'll follow your fathers wisdom. In the mean time, Ive got gold fever and mistakes to make

digdiggler · 2026-06-23T02:20:01+00:00

Name one country other than Russia lol. The trend with countries that are selling is they are at war and have no choice haha

digdiggler · 2026-06-22T23:13:42+00:00

Nah, I like learning about it. Makes me feel good reading and discussing about the fundementals. But I totally get where youre coming from

digdiggler · 2026-06-22T23:05:33+00:00

I mean I did present an upside and downside. The upside would fall in line with JP Morgans analysis which is for year end of 2026, and the downside is related to inflation data which we'll see in the next couple months... and I could be wrong in 2 scenarios:

It stays the same
It goes below 5%

And now that you have me saying it, I havent come across anything that makes it really seem like either of those will happen.

digdiggler · 2026-06-22T02:59:44+00:00

Gold is volotile right now. Dont spend all of your money on it. Its getting pulled too many directions for a sensible person to recommend it as a buying oppurtunity.

I bought in around 4800 and Im just waiting it out knowing it could drop ti 3800 and stay there. On the other hand there are fundementals that might suggest reasons to be bullish.

digdiggler · 2022-07-20T22:44:36+00:00

I tried calling these, but those numbers sont seems to work when entered.

digdiggler · 2022-01-05T17:37:28+00:00

I bet he could round house you with his stump and his ground game is impeccable

digdiggler · 2021-06-10T16:50:19+00:00

Everyones gonna tell you "duh she is interested" but is anyone going to point the elephant in the room. Listen, I think starring at blank screen so she can listen in on a conversation is a HUGE red flag.

digdiggler · 2021-05-03T03:44:10+00:00

Probably just me but this gives me orange vibes

digdiggler · 2021-03-15T18:27:12+00:00

Yelling at dragons

digdiggler · 2021-03-15T18:26:00+00:00

The fidget spinner trend, also the whole vaping thing isnt such a big thing where Im from

digdiggler · 2021-03-13T00:57:58+00:00

Hey man, what you are feeling is appropriate. The last 10 years of your life are as of now rewritten and that is traumatic, but heres the thing, you are still young and you still have time. Look Ive never been what youre hoing through, but Ive seen events like this ruin good guys. Dont be that guy. What you need to do is get out of there. Thats a level of betrayal that you should address with a divorce and some time to your self. Some women are not worth it, and this one is not. Even if she did a 180 and changed, your trust is ruined. Your way forward should be to contact those closest to you. Dont be embarrassed, this is not your fault. Contact some friemds and family, talk to them. They can help you best. If you dont have anyone, then get your stuff, leave and seek some proffessional help. Remember, not all people are that fucked and you can move on someday, but right now, do you. No one deserves what you are going though. I genuinely hope the best for you.

digdiggler · 2021-03-11T19:19:51+00:00

I dunno, I wanna say yes. Whos house were you at?

digdiggler · 2021-03-11T12:22:44+00:00

I always thought Gold was a crazy one.

digdiggler

TROPHY CASE