GOLD - $5,000 per ounce? $10,000 per ounce?

in #gold5 years ago (edited)

I keep seeing stories about gold...

Oh, it’s up a percent, oh, it’s down $30 … because of the Fed did this, the market did that…

On top of all this crap they spew, the fact is that the Powers that Be fix and manipulate the price up and down.

They make billions when they illegally manipulate the markets – then they pay a fraction of the profits when they get caught and fined.

The REAL VALUE of gold and silver will come about when the fake paper markets start to tank. And it looks like things have been coming apart for some number of years.

Watch the price of gold and silver when the DOW goes below 14,000… and then below 10,000… and then below 8,000.

The “current” price of gold doesn’t matter to me.

Having it, when most of the paper assets collapse, is the key.

Dollars (and all fiat currencies), real estate valuations, mortgage-backed securities, stocks, bonds, derivatives …. “PAPER ASSETS” – all potentially worth less than a fresh roll of toilet paper.

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