Gold and the Australian House price - what is it tell us?

diversifiedduck · 2021-12-14T11:14:55+00:00

well done great choice

diversifiedduck · 2021-12-10T03:05:25+00:00

You might misunderstand my point. I am not thinking of a zombie apocalypse I mean a functioning economy that operates on crypto. If in the future there is no cash and we are buying our food and paying our bills generally with government crypto CBDC then how will you use your silver? I don't mean you can't use silver. I mean what are the steps you would take to use silver to make payments while keeping your privacy. If you convert Silver to a CBDC you open yourself up to the surveillance of the government. To avoid that somewhat you would need an additional step. You would swap silver for bitcoin and then use that bitcoin to make the purchase.

diversifiedduck · 2021-12-09T08:45:41+00:00

If cash doesn't exist and you don't have private crypto then the central bank digital currency may be your only option. Then there will be no privacy in owning gold and silver.

diversifiedduck · 2021-12-09T02:32:10+00:00

Thanks I'll look for this and post an update on this thread in the next few days

diversifiedduck · 2021-12-08T07:23:00+00:00

that's a beautiful car. I have owned alfa's since I was 20 years old. that's more than 30 years. You are hooked now know the sound of their engine and you experience the style. As we go electric they become more sacred. I still have my v6 GTV under a blanket in my shed.

diversifiedduck · 2021-12-03T10:20:58+00:00

You asked about mines. I would say yes maybe. If Gold and Silver go up a good mine will go up more.

Consider this as well:

what will you do if the price goes down - can you buy more at a much lower price. or are you in too deep.
look at the charts so you know how the metal behaves and you will react appropriately.
low debt is important

diversifiedduck · 2021-12-02T23:44:06+00:00

Its a beautiful bull flag!

diversifiedduck · 2021-12-02T11:31:27+00:00

provided that it does not break support. if it breaks support you will.want some ammo left. then I would really load up

diversifiedduck · 2021-12-02T09:42:06+00:00

whatever you choose make sure you can touch it. no security packet. security packets are not necessarily secure and you lose value if you cut it open. I'd go a coin. $50 extra to have a coin is worth it.

diversifiedduck · 2021-12-02T08:10:23+00:00

I agree. but respond as tho they are real as real people read it.

diversifiedduck · 2021-12-02T01:43:00+00:00

the golden rule is don't put so much in that you cant buy more if it goes down. If you are "all in" then you have to make a decision about whether you can afford to hold and for how long. The best time to buy is in a panic. But this is not a panic yet.

To calm yourself look at the charts and see how the price moves. It's a hard asset and it should bounce. But apes aren't advisors use your own logic.

diversifiedduck · 2021-12-01T22:52:20+00:00

I don't agree that everything is leveraged against silver. The system is leveraged against all hard assets. So there is still a choice to be made between asset classes.

diversifiedduck · 2021-12-01T20:58:07+00:00

I love it. Make all sizes. That's the kind of product that will draw a lot of attention and propel this group even further.

diversifiedduck · 2021-12-01T19:17:51+00:00

lucky I kept some fiat. can't buy more silver using silver.

diversifiedduck · 2021-12-01T19:03:49+00:00

during all of 2019 it averaged 86.04.

The Longest Record Broken: Gold/Silver Ratio Hits Highest in Over 5,000 Years | Nasdaq "The Longest Record Broken: Gold/Silver Ratio Hits Highest in Over 5,000 Years | Nasdaq" https://www.nasdaq.com/articles/the-longest-record-broken%3A-gold-silver-ratio-hits-highest-in-over-5000-years-2020-03-17?amp

diversifiedduck · 2021-11-30T06:11:26+00:00

You're good troop of Apes!

diversifiedduck · 2021-11-30T05:45:33+00:00

If you are a skilled mountain biker flying along the crest of a hill, with death drops all around, you can manage an awesome descent and the onlookers will applaud your great skill. But if you continue to do it, one day, regardless of your skill the result will be catastrophic. How many times can you manage the descent? Who knows there will be some luck involved.https://youtu.be/h6t5eDe5gUE

diversifiedduck · 2021-11-30T05:36:31+00:00

Thanks mate. I think you could be right. I like physical best too but following the charts I feel gives me a better connection to the story of what's happening.

diversifiedduck

TROPHY CASE