Gold futures

[farming101]

Today's price action opens up the possibility of 1700+

[biglentil]

Today's price action opens up the possibility of 1700+

But But cash is king, btw 1700 is very unlikely today a big move for gold is $20, the cabal is doing their damnedest to keep a lid on it. Maybe see 1650 today or another record high in Cad dollars.

[helmsdale]

But But cash is king

Nah, cash is trash.

[biglentil]

Nah, cash is trash.

Check out the one year palladium chart and to think I can buy the worlds largest undeveloped palladium deposit with 4 million ounces measured and inferred for $3 an ounce in the ground.

[farming101]

Ha. Then what would you do? Flip it?
I think there would be a little premium asked for over and above the 12 M(a factor of 5+?)

[ajl]

People's bank of China is trying to print the virus cure. The result is that both the $USD and gold futures are going up at the same time. This of course make the people that might buy foodstuff's much poorer through dilution.

[biglentil]

People's bank of China is trying to print the virus cure. The result is that both the $USD and gold futures are going up at the same time. This of course make the people that might buy foodstuff's much poorer through dilution.

They are also burning paper money as no one wants to handle it since coronavirus is can live on surfaces up to a month. Crypto yuan going to be rolled out.

[checking]

Helmsdale.

When is your trash day. I'd like to take that plastic, or brown paper bag to my curb!

[helmsdale]

Helmsdale.

When is your trash day. I'd like to take that plastic, or brown paper bag to my curb!

Tongue firmly in cheek..

Trust me, I wish I could find a few brown paper bags myself.

In the investment world though, cash has been trash rather than king in this zombie bull market. Eventually itll pay once again to have cash on the sidelines...

[farming101]

Today the last major resistance was broached in a pattern that goes back many years.
Wild conjecture but could be good for another 100.

[Flatlander]

Today's price action opens up the possibility of 1700+

Today was the day... confirmed

[farming101]

Higher it is. Up 100 since Ap 9. Counterseasonal to go higher now but this is not a normal year

[macdon02]

Max might be the only politician out there that realizes actions have consequences. He'd likely make a very good finance minister, better then Martin possibly. At least he'd be a voice of caution in this day and age.

[Austrian Economics]

It's best to think not in terms of gold going up, but rather the dollar going down. The fiat currency you are presently earning is losing value, bit by bit. If you want to get a better idea of what's really going on in the economy, calculate your net worth in terms of ounces of gold instead of inflation adjusted dollars.

[biglentil]

There is no such thing as a free lunch.