Gold All Time Highs

[macdon02]

Was curious what was coming, seems ole blackface needs more cash so he's targeting all the "criminals" that use cash. Welcome to the world of bartering, magnificent asset inflation and the crush of a USD blowoff top. Trump already shutdown the dems attempt to go digital in the last bailout bill. The world is about to change like never seen.

[biglentil]

Was curious what was coming, seems ole blackface needs more cash so he's targeting all the "criminals" that use cash. Welcome to the world of bartering, magnificent asset inflation and the crush of a USD blowoff top. Trump already shutdown the dems attempt to go digital in the last bailout bill. The world is about to change like never seen.

May as well make it digital the dollar is backed by thin air after all and it costs them more to manufacture a nickel than a $100 bill. Just think how well they could keep their finger on us. Waiting for Errol to tell us all why gold is risky and volatile. Lol

[Flatlander]

The last vestige of freedom will be gold if your government goes digital. Or would they shut that door first? Further currency controls may be the precursor.

[biglentil]

The last vestige of freedom will be gold if your government goes digital. Or would they shut that door first? Further currency controls may be the precursor.

1000 dollar Bill's no longer legal tender, penny gone. Squeezing us from both ends. Just like the gun ban. Boiling us like frogs. Digital currency will mean every wallet and transaction constantly monitored recorded indefinitely. Total control.

[macdon02]

I am not what you would call a gold bug, but priced in CAD, you can't ignore this signal. This country is done. Stick a fork in it. It's the fracturing of states worldwide. I prefer miners over physical because if cash is banned, it's merely minutes before they pull a Roosevelt and ban physical. I have been told for years this was coming but didn't believe it. The ramifications are massive and idk how this will unfold. It'll be a bloody mess, literally. Gold is the insurance policy. This thing could triple or more. It's breaking its traditional relationship vs USD. The academics are about to get their head served to them. The promises can't be funded. We will reset.

[biglentil]

I am not what you would call a gold bug, but priced in CAD, you can't ignore this signal. This country is done. Stick a fork in it. It's the fracturing of states worldwide. I prefer miners over physical because if cash is banned, it's merely minutes before they pull a Roosevelt and ban physical. I have been told for years this was coming but didn't believe it. The ramifications are massive and idk how this will unfold. It'll be a bloody mess, literally. Gold is the insurance policy. This thing could triple or more. It's breaking its traditional relationship vs USD. The academics are about to get their head served to them. The promises can't be funded. We will reset.

No doubt miners have been ripping many 5 baggers since the covid crash of the ides of March. Think it might be time for them to take a breather. 'Uncle' Eric Sprott has to be up at least half a billion since then.

[farmaholic]

101,

Plot gold and Western Canada farmland on the same graph. Maybe back to the 70's.

Please.

[beaverdam]

Interesting,,, if farmland values follow gold and increase, how would it be possible grain farming tenets, to pay a rental amount that would reflect the same return per acre(5% say)

currently say,
$200,000 value = $1250/ac = rental@5% = $62.50/ac cash rent

say land goes up by half,
$300,000 value = $1875/ac = rental@5% = $93.75/ac cash rent


Not gonna figure, unless grain prices go up !

[GDR]

Cash will not disappear anytime soon. It is very surprising how much cash is used by all classes of people. It is considered discriminatory to lower income people to not allow them to use cash.


Besidea what do you think all the politicians would do without brown paper bags of cash.

[farming101]

Other sources may differ, annual averages? Gold hit 1923.70 USD September 2011(COMEX)
Forgot one thing: The land value includes buildings.