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Thread: Who buys gold ?

  1. #2931
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    Do you see what I see ?

    https://schrts.co/MXnykTnV

    A classic, beautiful trendline.

  2. #2932
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    A Gallup survey : 26 % of the respondents said that "gold is the best
    long term investment."

    https://www.bullionstar.com/blogs/ro...p-survey-2023/

  3. #2933
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    China: desperate property developer gives gold bars (400 oz) to anyone
    who buys a house he builds.

    https://www.businessinsider.com/chin...ld-bars-2023-6

  4. #2934
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    South Korea is selling gold bars in vending machines.
    Not 400 oz bars but 0.3-1.3 oz bars. People buy !

    https://www.kitco.com/news/2023-06-1...e-surging.html

  5. #2935

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    Quote Originally Posted by oak333 View Post
    Texas passed a bill to create transactional currencies 100 % backed
    up by gold and silver. It gives an option to conduct business in sound money.

    https://www.zerohedge.com/commoditie...-transactional
    Only those who print fiat could afford R&D, paying infinite fundings for mining operations world wide, price fixing, buy up 100% gold, pay for fiat to get less gold, construct city, nations, schools, labs, sports stadiums, mega structures, military weapons.

    Gold is prepare for the total collapse of existing systems where bankers prepare and they also use Gold as a means to re establish banking system with gold in case of wars with victors. But without wars and everything still in order despite murdering all orderly through vaccine, the needs of gold become gone. They can push CBDC without wars and those countries who do not get it lack infrastructures, law and order, manufacturings, agricultures and resources.

    When all are looting daily with fiat based numbers call credit and debit, it does not matter what system as they are all digital number created out of thin air. It replace barter as people think it can be still useful to "buy" instead of direct robbing.

    In financial frictions, money cannot buy means totally cut off or direct reject asking for direct bartering without the need of any digital systems and barter is natural existing and does not need to be created or can be destroyed when all are willing to barter. When system has collapse totally and eventual end of civilization, Gold will not be useful anymore but warehouse of daily needs until the end of civilisation. All parasites will die naturally until self sufficient creators remains and reestablish exchange again.
    He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors. ~ Thomas Jefferson

  6. #2936
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    Bloomberg Intelligence sees gold to 3,000 $

    Economic slow down (H2 2023) triggers sell off in stocks which
    triggers a FOMO in gold price.

    https://www.kitco.com/news/2023-06-2...elligence.html

  7. #2937

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    Quote Originally Posted by oak333 View Post
    South Korea is selling gold bars in vending machines.
    Not 400 oz bars but 0.3-1.3 oz bars. People buy !

    https://www.kitco.com/news/2023-06-1...e-surging.html
    NYC is giving out drug paraphernalia in vending machines. I guess that explains why that city is going heck in a hand basket!
    American Legion Preamble: https://www.legion.org/preamble

  8. #2938

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    Quote Originally Posted by oak333 View Post
    Bloomberg Intelligence sees gold to 3,000 $

    Economic slow down (H2 2023) triggers sell off in stocks which
    triggers a FOMO in gold price.

    https://www.kitco.com/news/2023-06-2...elligence.html
    I would expect TINA more than FOMO
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  9. #2939
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    There are 28 claims for every oz of silver in the Comex vaults (registered)

    Only about 4 for gold.

    https://schiffgold.com/exploring-fin...stered-silver/

  10. #2940

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    They can't even give it away.....




    https://www.zerohedge.com/personal-f...-gold-or-money
    What's the Frequency, Kenneth?

    432Hz

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