2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (195385)	1/15/2023 4:50:09 PM
From: sense	Read Replies (3) of 217577

I'm not sure the "adjusted" price in fiat matters nearly as much as changes in "how money works" going forward. If they try a "reset" that intends incrementally wiping out black holes in derivative losses (and the QE+ "black hole filler") without actually fixing the core problem of central bank manipulations and major bank frauds ? Then, I'd prefer "whatever is required" in order to 'fix it"... I don't expect any "fix" will occur without systemic failure being recognized... And, gold prices (as we see now) can be just as easily manipulated as other things ? You don't get back to honest money without honest bankers (and honest governments) ... and, granted we don't have honest bankers (or honest governments) now... it still begs the question of the failure mode that will finally end the frauds sustained since 2001/2008, which, for now, continue to metastasize .... Free markets work by forcing recognition and correction of failure... so the crooks fail and are pushed out. Thus far... the plans I see... all intend protecting and preserving the crooks and their scams... or simply intend on swapping out one set for another that's even worse... We don't need any "reset" frauds... like the one they gave us as "the fix" tn 2008. We need actual correction... and punishment of the guilty... as necessary to act as a viable deterrent to similar in future. I'll give Russia a pass if another errant missile launch goes rogue and wanders its way into Davos this week... which would perhaps still only be "a good start". A doubling of gold from here (to $4100)... in fiat terms... necessary just to return gold to an inflation adjusted comparable price circa 1976... which ignores the negative value of all the accumulated stupidity imposed since then... and how much worse things are now vs then in real terms... both in "the real economy" and its trend in context... but certainly also in "finance"... banks having proven unable to fix what they broke... a Congress and President unable to control themselves... but even then, still less bad then others ? A dollar today has less value than it did in 1976... but the "market price" of that dollar today still fails to account for the actual loss of value it has suffered. Without "correction" of excesses and errors... sustained decline without real recovery is what should be expected... as the loss of faith, when begun... won't reverse without proof in reason...

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