2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.98

+1.3%

Nov 28 4:00 PM EST

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carranza2

To: TobagoJack who wrote (155308)	3/26/2020 11:56:34 AM
From: Maurice Winn	1 Recommendation of 218069

Jack Farchy who wrote that seems carried away with the idea. But mining is irrelevant to the gold price. The whole point of buying gold is store of value because it can't be produced in a quantity that can disrupt by dilution the store of value. And the price isn't determined by airliners. The price is a function of fear that other options are foreclosed. At present I'm all in on shares of cyberspace, and fuel in New Zealand. Essential things. If governments move to confiscate those even more by aggressive taxation which is already 50% tax then gold bitcoin etc become desperation bolt holes. Right now governments are going full scale deflection on dilution of people holding money via borrow and hope, quantitative easing and other MMT Magic Money Tree swindling. But they can also simply kleptocrat share holdings via turbocharging taxation even more. They are like drug addicts and alcoholics. And fat people. They NEED their fix. Funny that nearly a year ago at around $1200 I was once again eyeing gold via GLD. Shoulda done it. Was about to do full bail out in January and huge TSLA short but went offline in Vietnam for a couple of weeks. Then didn't want to bail out so far from the peak. Curses. Mqurice

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