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Gold info and videos

An interesting take on Gold I spotted inside an article :unsure:

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 everyone’s foreign exchange, the original hard currency. To say gold has “no use” is to misunderstand money itself. Gold’s utility is social, not mechanical. When money loses credibility, gold’s value becomes self-evident.

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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.
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Gold requires no belief in that strategy. It simply endures. Its value arises precisely because others’ 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 😲

:cool:
 
I quite like the pumper on 'metals and mines' channel, he talks to some great characters like trees for the forest bloke etc. I like long form stuff so i can keep working and listen along.
 
The similarity is striking & obvious. I would bet good money that the outcome is going to be the same o_O we are just at the beginning of absolute debasement of the Dollar 🤫 but Central Banks know this game & are stacking Gold & some now even Silver :cool:

I love the thought of central banks stacking silver. We're in a structural deficit - where are they planning on getting the silver from 😆 They'll have to drain the COMEX and LBMA... And TPTB will be forced to allow it or let the price go parabolic. Either way, the outcome will be the same.
 
I love the thought of central banks stacking silver. We're in a structural deficit - where are they planning on getting the silver from 😆 They'll have to drain the COMEX and LBMA... And TPTB will be forced to allow it or let the price go parabolic. Either way, the outcome will be the same.
Mmm, the don't seem to comprehend the meaning of " Structural Deficit " 😲
 
Seems Russian citizens are a hell of a lot smarter that Western Country citizens :unsure:


As soon as sanction & seizing Russian assets hit, the Russian citizens hit the GOLD Markets & started loading up 😁

Russians & Central Banks know what's coming. It will not be good for anyone that has all their Wealth in Fiat Denominated Assets & have no " Real " hard assets ( if u don't hold it u don't own it. ETF's/Stocks/Bonds ARE NOT real Gold/Silver )

A very good analogy :- U go to a theater. U hand over ur coat & they give u a claim check for said coat. During the performance the fire alarm goes of. U rush out the nearest exit. Ur standing across the street & grab the claim check in ur pocket. U look at the claim check as the theater burns to the ground. All u have now on this cold night is a small bit of paper with an unclaimable promise written on it ( the Fine Print on the back says that the Theater is indemnified against " Any Loss or Damage " o_O )

If u don't have PHYSICAL POSSESION u just have a " Claim Check " :(
 
The phrase "kidney foundation golden toilet" refers to the National Kidney Foundation (NKF) of Singapore scandal, where it was revealed that the charity's CEO, T. T. Durai, installed a gold-plated tap mixer in his office toilet, along with other extravagant fittings. This discovery, along with other allegations of financial mismanagement, led to public outrage and a major scandal in 2005 that led to a defamation trial against a newspaper.
  • The scandal's origin: The controversy began to unfold in 2005 during a defamation lawsuit filed by the NKF against a journalist. During the trial, the cost of expensive renovations, including a gold-plated tap, in the CEO's office bathroom was revealed, which led to a public outcry over the use of donor funds for lavish expenses.
  • The gold-plated tap: The invoice for a Hansa Ronda gold-plated tap mixer showed it cost $990 before a discount. The discovery of this and other extravagant fittings in the CEO's office bathroom, such as a glass-panelled shower and an expensive toilet bowl, fueled public anger.
  • Public reaction: The revelations sparked widespread public anger and led to intense scrutiny of the NKF's financial practices.
  • The aftermath: The scandal ultimately led to Durai's resignation and significant reforms within the organization, with the NKF making efforts to improve its transparency and focus on its core mission of helping kidney patients.
  • The "golden toilet" specifically: While the initial scandal focused on the tap, the term "golden toilet" may also have been used colloquially to refer to the entire bathroom renovation, which was seen as a symbol of the misuse of charity funds.
 
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