flower-shilling

GOLD:- $3,500 + USD

Smithys Bullion - FINE GOLD AND SILVER
The GOLD ( & Silver ) sell down was just some profit taking on the news of the FED's .25% rate cut & recent trading highs.

If it had of dropped anywhere near $3,000 USD I would have raced to the Dealer to buy MORE !

Gold has had 2 X tastes of $3,700 & will soon be back there for more.

Just my Opinion, but I still think $4,000 USD GOLD by the end of 2025 is achievable :cool:
 
U get a grasp of the General Populations financial illiteracy when u see that news headline such as this are needed to explain finance to people :-

Ray Dalio says gold, non-fiat currencies will be a stronger store of value as U.S. debt mounts​

Published Fri, Sep 19 20256:13 AM EDT Updated 3 Hours Ago

STRONGER ! it is the store of VALUE. The Fiat Dollar $ will eventually be WORTHLESS. Just like the $ TRILLION Dollar paper Mark in Weimar Germany couldn't even buy a loaf of bread at the end of Hyperinflation.

Until People really understand that " Inflation " is not a rise in prices, that it's in reality, the de-valuation of their Fiat Dollar $.

For a long time & at the turn of the 20'th Century an Ounce of GOLD would cost u $20 Fiat Dollars to buy. That Ounce of Gold would buy a man a fitted 3 piece suit with accessories ( leather shoes, belt, tie, cuff links, etc ) This is for a comparison.

Today that Ounce of Gold is EXCACTLY the same as it was in the year 1900. Today that Ounce of Gold will cost u $3,690 Fiat Dollars to buy. It will still buy u a nice fitted suit with the accessories. Comparison is the same suit/accessories, just now, $3,690 fiat dollars to purchase it.

When u understand the reality that it's ur Fiat Dollars that have lost VALUE because the Gold Ounce is still exactly the same, it's ur Fiat Dollars that have become Worth Less.

So the Ounce of GOLD ( the same as it ever was ) has stored that VALUE over those 125 years :cool:

So GOLD is just the Gauge that tells u how much ur Fiat Dollar $ has de-valued Today :ROFLMAO:
 
A headline I saw this morning :-

JPMorgan Private Bank: Gold is expected to continue reaching new highs, with a mid-2026 price outlook of $4,050-$4,150 per ounce. 😲​


Damn, I love my Shiny Pet Rocks even more this morning :cool:
 
I'm watching the Gold & Silver charts ( live ) at MetalDaily.com

Gold traded to $3798.58 USD & has pull back a touch 😲

Will it crack $3800 today ? :unsure:

$3800 this week ?:unsure:

$4000 by years end ? :cool:
 
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Why Now?​

The decision reflects structural realities. The Federal Reserve’s balance sheet cannot be unwound. Stablecoins are not sufficient to absorb liquidity. Bitcoin is inadequate. Meanwhile, China and the BRICS have already moved to institutionalize gold within their monetary systems.

M2 Puts Gold at Approximately $12,000 😲​


My SHINY pet rocks look better nearly every day lately :cool:
 
More of these " Morons " coming out of the woodwork o_O

Bloomberg

Gold Could Go a 'Lot Higher,' Says BlackRock's Hambro​


So it could go higher of it might not :ROFLMAO: not exactly words of solid prophecy :unsure:

If " Hambro " came out with a forecast at the start of 2024 say that he believes people should buy Gold/Silver as the prices will only increase, he might actually have had some legitimacy :cautious:

Yeah, & I could will the Lotto this week if I only brought a ticket :cool:
 
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