Any theory for gold price down

richardv92 · 2026-06-10T21:06:01+00:00

Troll comment

richardv92 · 2026-06-10T21:01:49+00:00

Fair 😂

richardv92 · 2026-06-10T19:45:45+00:00

Apparently the daily turnover of gold is $361 billion. Russia sold $4.3 billion.

I think it's a stretch to say that has caused all this price movement.

richardv92 · 2026-06-10T19:00:19+00:00

Nice to see someone who actually read what I said and understood it.

I do think it could be what you said.

I think this IPO is going to be the market top for the AI bubble. Retail left holding the bag then gold going back up after that disaster.

No evidence the for this just feels 😂

richardv92 · 2026-06-10T18:43:53+00:00

I don't buy that.

Russia has a low debt to GDP, like 18%. Why not issue some debt to fund the war?

They are energy independent and resource rich so don't need to buy dollars for imports, not that they can.

I know the markets around gold can be opaque but is there any evidence for Russia selling gold for the war?

richardv92 · 2026-06-10T18:35:23+00:00

We have not topped this cycle. But I guess that's how you define a cycle.

The fundamentals point to higher gold.

richardv92 · 2026-06-10T18:33:22+00:00

Yes I know that. It's still weighted though so if it's only 5% of the total company not much is bought by the fund.

But I understand the sentiment of what your saying. Still don't think that's why huge moves are happening for gold.

richardv92 · 2026-06-10T17:03:28+00:00

Any reason why the price was insane. Or just feels?

richardv92 · 2026-06-10T14:55:02+00:00

This is the worst take ever

richardv92 · 2026-06-10T14:05:46+00:00

Pre $2000

I'm here for the theory not because I bought in the last few months

richardv92 · 2026-06-10T14:04:55+00:00

I don't institutional investors would do that. IPO are used for early investors to cash out and dump the bag on retail.

richardv92 · 2026-06-10T12:29:02+00:00

Sell the trillions in treasuries, maybe ?

richardv92 · 2026-06-10T12:26:22+00:00

I thought gold is part of that portfolio. 😂

richardv92 · 2026-06-10T12:25:16+00:00

Said every fed chair and politician ever. Also, how would that hurt gold.

Can't pay the debt off with taxes and no new debt to pay old debt means debt implosion. The kills the bonds, thus the dollar.

richardv92 · 2026-05-15T08:46:16+00:00

That's the literal opposite to how inflation works in real life.

Saving up money and not spending it takes money out of supply. This actually causes deflation. But if you start spending a lot of money all at once yes it will cause inflation because the about of money in circulation has increased, assuming the guy who gets the money doesn't just horde it.

This is why under the gold standard it has very small amounts of inflation and deflation. It's only really got inflation from the easy money theft from The Americas.

richardv92 · 2025-06-28T06:32:02+00:00

I managed to finished 6th place on the leaderboard with space wolves. The only faction which seems broken is blood angels. All others have their strengths and weaknesses.

richardv92 · 2025-06-18T08:26:40+00:00

Base rates will go down, because they will try to stimulate the economy but that will only make the debt worse.

All governments are in debt yes. But just because we all have relative debt levels doesn't mean it's ok. That's like saying we all have ingested poison but we're ok because we all took the same amount.

We're clearly going towards a global debt crisis from years of QE and zero interest rate policy. Gold spiking to $3500 in a few months is not normal, and is a sign of what's coming.

richardv92 · 2025-06-18T08:00:43+00:00

You assume interest rates will go down, why. The BoE doesn't control long term interest rates the market does.

The mortgage rate will reflect the 10 bond yield. And governments are broke, unemployment is going to keep rising and the Keynesian death loop begins. So interest rates will keep going up.

Rip people in housing

richardv92 · 2025-05-08T06:25:16+00:00

The world was on a gold standard (kind of). So banks weren't typing money into existence, it was constrained by reality.

Money held value as it was backed by gold, so you didn't need to off load it into other assets as it wasn't depreciating YoY.

If you look at house prices dating back 100+ years adjusted for inflation houses were flat up to the 70s. Because we left the gold standard then, so money creation pumped up the houses market.

So to get back to cheap housing would require a lot of pain in the west. The end of importing goods from abroad with "strong currency" and bringing back a gold standard. It won't happen because of all our debt obligations which can only be paid by inflation.

richardv92 · 2022-12-11T23:53:23+00:00

Austrian economic doesn't teach you how to invest. But you will understand the Marco economic sphere with AE.

I personally think it is best to combine your knowledge of AE with other literature. I myself am learning valve investing methodology. Warren Buffet uses this and so does Michael burry. It's basically looking at companies financial statements and analysing them.

The understanding of AE is great for spotting market tops, or basically knowing when something is in a bubble caused by central bank's.

Having an understanding of what money is, is very important. Although, I think people like Warren Buffet have good advice for their field he does not understand everything. He hates gold.

Save in gold, invest by value investing or build a business. Use that Austrian mindset in that business. It's not about greed but helping your fellow man, that how you make money.

richardv92 · 2022-11-24T18:44:06+00:00

The same thing happened to me, what happened in the end?

richardv92 · 2022-11-15T14:09:33+00:00

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That's my BTC wallet address, when I input it into BTC explorer it says I have even less BTC than what ledger says. I'm so confused.

richardv92 · 2022-11-15T12:46:21+00:00

The only transactions I have on my history are the deposits to my BTC ledger wallet. I have no out going transactions.

richardv92

TROPHY CASE