29 March, 11:01
"Lets fight for the gold standard!"
Its here.
Crickets.
Its here.
Crickets.
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29 March, 11:04
In response Vincent Kennedy⍟ to his Publication
A good buying opportunity is coming - that is if you're able to find it.
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Johnny Q -Z
@JohnnyQ
29 March, 11:04
In response Mocheezeplz ... to his Publication
...or afford it.
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29 March, 11:23
In response Johnny Q -Z to his Publication
I think VK has implied that it will go down to around the $1500-$1550/oz range. Now whether or not the Premium over spot increases to something like $500/oz to offset the price drop I'm not sure.
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29 March, 11:45
In response Mocheezeplz ... to his Publication
1123
If I had unlimited money like the DS & wanted to deliver a death blow to Russia, the play would be to attack Gold since they just switched the Ruble to the gold standard. If I was China at the same time would jump in to sell off US market assets/debt causing final nail in the petrodollar and major market dip. Hopefully its just short term games since US has Gold reserves. But for sure the petrodollar is not going to last and we will need a new standard.
If I had unlimited money like the DS & wanted to deliver a death blow to Russia, the play would be to attack Gold since they just switched the Ruble to the gold standard. If I was China at the same time would jump in to sell off US market assets/debt causing final nail in the petrodollar and major market dip. Hopefully its just short term games since US has Gold reserves. But for sure the petrodollar is not going to last and we will need a new standard.
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29 March, 11:53
In response Vincent Kennedy⍟ to his Publication
Gitcha Gotcha Good.
That's why Russia is diversifying their assets by accepting BTC, Gold, or Russian Ruble for their energy products - to hedge against anything the [DS] may manipulate.
There's a theory that China wants to reset the price of Gold in order to pay off their debts (Evergrande). Any thoughts?
That's why Russia is diversifying their assets by accepting BTC, Gold, or Russian Ruble for their energy products - to hedge against anything the [DS] may manipulate.
There's a theory that China wants to reset the price of Gold in order to pay off their debts (Evergrande). Any thoughts?
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He who has the most gold makes the rules.
I think that's a saying.
I think that's a saying.
12:00 PM - Mar 29, 2022
In response Mocheezeplz ... to his Publication
Only people mentioned by VincentKennedy in this post can reply
Justice Peacefully .
@carpenter
29 March, 12:16
In response Vincent Kennedy⍟ to his Publication
😆an old saying u just made up? lolzzzz
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29 March, 12:07
In response Vincent Kennedy⍟ to his Publication
Appreciate it VK. Waiting for USA to take stock of its un-mined Gold Reserves to back its currency.
But in the mean time China and Russia be like:
But in the mean time China and Russia be like:
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