flower-shilling

GOLD:- $3,500 + USD

Smithys Bullion - FINE GOLD AND SILVER
SKULL

SKULL

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Silveroo
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I was just watching a bit of live trading on " Metals Daily " ( UK based )

Gold was bouncing around just under $3,500. Then it suddenly popped thru $3,500 & went to $3.508 šŸ˜²

It's dropped back to the mid $3,490's range. There will be some profit takers at the higher prices.

Gold now has a taste of the $3,500 +
:cool:


Now that the market knows $3,500 + is a REALITY the red line is crossed & it disappears
:D
:cool:
 
Today was a holiday in the USA. Markets will be open for trading tomorrow. We'll see if Mr. Slammy takes the stage or not.
 
Administrator said:
Is gold at a 5,000 year high, or is Fiat at an all time low?

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Fiat is not at it's low YET !

As has been said elsewhere:- An Ounce of Old 5,000 yrs ago is still the same Ounce of gold today. It has not change AT ALL !

So the change must be in what u are VALUING that Gold with:- $ so it's the VALUE of the $ that is decreasing because the Ounce of Gold is just the same Ounce of Gold that u started with.

Kooka30 said:

The Case for Gold​

Gold demands no yield. It offers permanence instead. It requires no trust in management, no policy intervention, and no productivity promise. Its physical durability matches its monetary history. Unlike equities or currencies, gold remains stable across centuries. It is not consumed. It is held.

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Critics argue gold has no use. But its value is not industrial. It is monetary. Gold is everyoneā€™s foreign exchange, the original hard currency. To say gold has ā€œno useā€ is to misunderstand money itself. Goldā€™s utility is social, not mechanical. When money loses credibility, goldā€™s value becomes self-evident.

View attachment 14537

The manipulation of money and distortion of rates have created conditions hostile to sustainable wealth preservation. Debt continues to mount. Demographics turn adverse. Policymakers pursue ever greater interventions. Monetary debasement is no longer a risk; it is a strategy.
View attachment 14536

Gold requires no belief in that strategy. It simply endures. Its value arises precisely because othersā€™ values are manipulated. In an era defined by policy overreach and model failure, gold remains not a hedge, but a foundation.

GOLD just is Value in a solid form, with no counterparty Risk, that's why Central Banks are stacking over 1,000 tons/year šŸ˜²
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I can't see the ADICTTED TO DEBT American Economy making a very painful choice & transitioning to AUSTARITY ( austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both )

So the $ USD will go the way of Weimar Germany, Zimbabwe, etc :- hyperinflation šŸ¤«

The Destination is not in Doubt, it's just the time it will take to get there šŸ˜²
 
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Gold to $10,000 USD

An interesting article that highlights the late 1970's 2'nd bout of inflation that pushed the price of Gold up another nearly 300%. If we get another bout of high inflation ( the 2'nd since early 2020's ) & another near 300% increase in the price of Gold, there is the potential of $10,000 USD Gold.

Headline :-

Could a Second Wave of Inflation Push Gold to $10,000 per Ounce?​

The second wave of inflation in the 1970s tripled the price of gold in only two years. With inflation high and growth stagnating, could we see a repeat push gold to $10,000 per ounce?​

September 8, 2025ā€¢
Brad Simmerman

Link :- https://www.cabotwealth.com/daily/stock-market/second-wave-inflation-gold-10-000-per-ounce

:cool:
 
Great article about consistent/persistent Gold buying by Thailand ( excluding Central Bank )

Thai gold demand seen soaring as strong currency adds to allure​

Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metalā€™s influence on the baht.
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Thai gold demand, excluding central bank purchase, is set to climb 10% this year to 53.7 tons, according to the Thai Futures Exchange. Demand in the first half jumped 21% to 20.7 tons, World Gold Council data show. o_O

gr.fashionnetwork.com

Thai gold demand seen soaring as strong currency adds to allure

Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metalā€™s influence on the baht.
gr.fashionnetwork.com gr.fashionnetwork.com

More support for the rising price of GOLD :cool:
 
I want to preface this question by saying i am in no way seeking to argue or debate any answers or theories , so...does ANYONE on this site hold the contrarian view that the price range we are seeing over the past week is actually a peak (lets say in the 40-50 usd for the nobler metal and 3.5 to 3.8 for gold) that will not be surpassed for many years?
I only ask because lets be honest we all like the pump and there is plenty of indicators that confirm our bias however i crave contrarian views.
Even if someone has the time to be creative and explain a scenario where this is the peak even if they dont believe it?
Anyhow...does EVERYONE here think we will see 4k+ gold in the next few months.
 
Sandy Gooch said:
I want to preface this question by saying i am in no way seeking to argue or debate any answers or theories , so...does ANYONE on this site hold the contrarian view that the price range we are seeing over the past week is actually a peak (lets say in the 40-50 usd for the nobler metal and 3.5 to 3.8 for gold) that will not be surpassed for many years?
I only ask because lets be honest we all like the pump and there is plenty of indicators that confirm our bias however i crave contrarian views.
Even if someone has the time to be creative and explain a scenario where this is the peak even if they dont believe it?
Anyhow...does EVERYONE here think we will see 4k+ gold in the next few months.
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Mate, sadly u are Cursed : - the Chinese saying is " May u live in interesting times " ( that's apposed to quiet & boring/safe times )

$50 Silver & $4,000 Gold will soon come to pass. Maybe it's 6 months/12 months/2 years, who knows. But a monetary crisis is coming.

The World is soon to be in Chaos as the changes sweep the world. Do u think those in early 1939 thought that the World would soon plunge into a World War. No, they thought tomorrow would just be like yesterday, but the world turns & sometime chaos descends.

Just prepare urself as best u can. Care for ur family. Stack ur Gold & Silver.

I hope that the good people make it to the other side of what is coming.
 
Look, i immerse myself in this, im looking for a contrarian view because i dont see any. Maybe a link of a single pm commentator that doesnt say this.
Im not interested in whether they are correct, im wondering if anybody thinks otherwise to the analysis we as holders consume.
The answer may be that nobody thinks otherwise (today, not years back) but that in itself is odd.
 
The world is shifting. There are changes to the global financial system taking place. Price action of gold isn't just a reflection of investors playing with margin in the markets.

CME raised margin requirements 6% today. Can you tell? Gold is up strong on the USA open. Leverage has left the building. This is a fundamental move. China, SCO, BRICS are challenging the USD and they are using gold to do it.

Gold is just getting started IMO. $.02 FWIW. DYODD.
 
The Cost of Living Is Falling Fastā€¦ Relative to Gold
Wages are collapsing according to the gold price:

that bar size used to cost 3,500, now cost 371,000
 
I was speaking to someone holding first pours on site before sending to refinery , i swear he said they were 15kg.
 
SKULL said:
Definitely NOT a 100 oz Bar.

Look/Watch the bottom corner of the Bar where it meet the Hand.

A 100 oz Bar will make a significant impression into the flesh of the hand.

Also, I have handle 100 oz. U can't manipulate that weight in ur hand like what is shown.

Nice looking, but just shiny Plastic.
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It's just over 3kg and they're holding it with their fingers.
 
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