$ (Au, Ag, Pt) Precious Metals - Gold, Silver, and the Platinum family of metals

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Is gold nice

  • Yes

    Votos: 649 89.8%

  • No

    Votos: 74 10.2%
  • Total de votantes
    723
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This isn't related directly to metals, but it should show how blatant the manipulation is. If it sounds confusing, here's the goo-goo ga-ga baby version:
  • To be listed on a major market index (S&P 500, NASDAQ 100, etc.) you need to meet certain requirements.
  • These requirements have been changed because SpaceX likely doesn't meet them.
  • Index Funds are piles of money that invest directly in an index. They form the basis of most Americans' retirement funds. Index funds have long been considered the safest way for the average person to invest in the stock market.
  • With the changes to the index rules, index funds are now legally obligated to purchase shares of SpaceX (a company that despite its trillion-dollar valuation cannot meet the normal requirements to be listed on an index)
If this isn't a bubble indicator, I don't know what is. There are a few ways to look at this, and none of them are good:
  • The banks that loaned Elon the money to buy Twitter want their money back
  • The banks are greedy and want the line to keep going up
  • The banks understand that the market will crash soon and want to use millions of Americans as exit liquidity
So what should you do?
  • First, understand that I'm not a financial advisor and none of this advice is worth more than what you're paying for it (precisely zero dollars).
  • Second, rotate out of an index fund into a safe haven (like precious metals)
  • Stockpile cash where you can easily get to it. Once things start souring, banks will experience "glitches" whereby you cannot access your money. Despite the Trump administration's "no bailouts" stance, expect bailouts preceded by phrases like "in the interests of" and "national security."
  • If you're thinking really long-term, get land and guns.
I will own things and be unhappy if I feel like it.
 
Sexy Senior Citizen dijo:
Ver archivo adjunto 9090685
(archive)

This isn't related directly to metals, but it should show how blatant the manipulation is. If it sounds confusing, here's the goo-goo ga-ga baby version:
  • To be listed on a major market index (S&P 500, NASDAQ 100, etc.) you need to meet certain requirements.
  • These requirements have been changed because SpaceX likely doesn't meet them.
  • Index Funds are piles of money that invest directly in an index. They form the basis of most Americans' retirement funds. Index funds have long been considered the safest way for the average person to invest in the stock market.
  • With the changes to the index rules, index funds are now legally obligated to purchase shares of SpaceX (a company that despite its trillion-dollar valuation cannot meet the normal requirements to be listed on an index)
If this isn't a bubble indicator, I don't know what is. There are a few ways to look at this, and none of them are good:
  • The banks that loaned Elon the money to buy Twitter want their money back
  • The banks are greedy and want the line to keep going up
  • The banks understand that the market will crash soon and want to use millions of Americans as exit liquidity
So what should you do?
  • First, understand that I'm not a financial advisor and none of this advice is worth more than what you're paying for it (precisely zero dollars).
  • Second, rotate out of an index fund into a safe haven (like precious metals)
  • Stockpile cash where you can easily get to it. Once things start souring, banks will experience "glitches" whereby you cannot access your money. Despite the Trump administration's "no bailouts" stance, expect bailouts preceded by phrases like "in the interests of" and "national security."
  • If you're thinking really long-term, get land and guns.
I will own things and be unhappy if I feel like it.
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I don't think it is so much, they want their money back, as they just don't want the music to stop.
The money is nothing, it is just zeros and ones. Think about it, the banks don't want to many people trying to use paper money, because there is so little of it compared to electronic
 
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NoReturn dijo:
Metals go up, the value of my assets stays strong.
Metals go down, metal on sale.
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Exactly.

Robbyretard dijo:
Think about it, the banks don't want to many people trying to use paper money, because there is so little of it compared to electronic
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I encounter so much friction in my day-to-day life when trying to pay with cash anymore. And funnily enough, a lot of that friction comes from the discontinuation of the penny. Or at least, the discussion of the penny is the most frequent excuse used.
 
beautiful person dijo:
Exactly.


I encounter so much friction in my day-to-day life when trying to pay with cash anymore. And funnily enough, a lot of that friction comes from the discontinuation of the penny. Or at least, the discussion of the penny is the most frequent excuse used.
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There is less then three trillion paper dollars in circulation. Electronic dollars is at least 40 trillion to over 160 trillion dollars in circulation. The next bank run is going to be the worse in history by a long shot!
 
Sexy Senior Citizen dijo:
Ver archivo adjunto 9090685
(archive)

This isn't related directly to metals, but it should show how blatant the manipulation is. If it sounds confusing, here's the goo-goo ga-ga baby version:
  • To be listed on a major market index (S&P 500, NASDAQ 100, etc.) you need to meet certain requirements.
  • These requirements have been changed because SpaceX likely doesn't meet them.
  • Index Funds are piles of money that invest directly in an index. They form the basis of most Americans' retirement funds. Index funds have long been considered the safest way for the average person to invest in the stock market.
  • With the changes to the index rules, index funds are now legally obligated to purchase shares of SpaceX (a company that despite its trillion-dollar valuation cannot meet the normal requirements to be listed on an index)
If this isn't a bubble indicator, I don't know what is. There are a few ways to look at this, and none of them are good:
  • The banks that loaned Elon the money to buy Twitter want their money back
  • The banks are greedy and want the line to keep going up
  • The banks understand that the market will crash soon and want to use millions of Americans as exit liquidity
So what should you do?
  • First, understand that I'm not a financial advisor and none of this advice is worth more than what you're paying for it (precisely zero dollars).
  • Second, rotate out of an index fund into a safe haven (like precious metals)
  • Stockpile cash where you can easily get to it. Once things start souring, banks will experience "glitches" whereby you cannot access your money. Despite the Trump administration's "no bailouts" stance, expect bailouts preceded by phrases like "in the interests of" and "national security."
  • If you're thinking really long-term, get land and guns.
I will own things and be unhappy if I feel like it.
Presiona para expandir...
Could there also be some fuckery with SpaceX being considered essential enough to the American MIL and/or Space Program to justify the change?
Robbyretard dijo:
There is less then three trillion paper dollars in circulation. Electronic dollars is at least 40 trillion to over 160 trillion dollars in circulation. The next bank run is going to be the worse in history by a long shot!
Presiona para expandir...
It'll be fine, the average American doesn't even have any fake money to withdraw during a bank run.
 
wew lad dijo:
Could there also be some fuckery with SpaceX being considered essential enough to the American MIL and/or Space Program to justify the change?
Presiona para expandir...
Reminder that Elon, when appointed as head of the "Department of Government Efficiency (DOGE)", got full access to a shitload of data, such as Social Security numbers, tax records, and health information of all American citizens
I don't know what fuckery he is involved in, but he has a lot of leverage on negotiations
 
I've been buying more Morgans from redditors, and of course I hit a fake. Came in a lot of six, this one was extra shiny. I should have known from the pics, but the seller said he thought it was cleaned. Well when it came in it pinged totally off. Up close you can see the stars are struck a little blotchy. IMG_3364.jpeg

Messaged the seller and "Oh I didn't know, I've seen cleaned ones that look just like this" yada yada. Anyway he did refund me for that one when I said I was about to negrate him. You better believe I did some science experiments on the other 5 coins, but they're all legit so all's well I guess.
 
Fascist Kirk dijo:
I have never bought or sold to or from SD Bullion, but I am sure some one has in this thread. I stumbled on this Video and am asking the thread is this guys claims legit?

https://youtube.com/watch?v=J1LIHPwb-ZI
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I have regularly bought from SD when the deal was good, it's not a loyalty thing but just based on vibes and memories I feel like I have consistently gotten good deals from them. But I don't pay attention to anything on the news side of it and I'm not tapped in to social media at all. Also very interested to watch this video and see what anyone with more knowledge may say about it.
 
That was a pretty interesting video. The big 3 charge more and pay you less. I only ever buy at or below spot deals from whomever. SD also has a minimum quantity (35 oz for silver) before they'll buy it from you. I don't use X and have never heard of Silvertrade, but it does seem pretty scummy to not disclose ownership by SD bullion.
 
My biggest take away from that video is High execs at SD bullion pushed the Asian Silver ai Guy, and they push this Shanghai Hong Kong spot Price That mainly screw customers (Us).


triggersliver dijo:
was a pretty interesting video. The big 3 charge more and pay you less. I only ever buy at or below spot deals from whomever. SD also has a minimum quantity (35 oz for silver) before they'll buy it from you. I don't use X and have never heard of Silvertrade, but it does seem pretty scummy to not disclose ownership by SD bullion.
Presiona para expandir...
I been Subscribed to SD Bullion Yt Channel for a decade, but I didn't know they was doing used car man sales tactics on the back end, and makes me question information I consume from there YT channel.
Robbyretard dijo:
You should be buying and selling from a local dealers unless you want Walmart of metals.
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I always do now, But I got my First monster box from jm bullion in 2013, and another another 2 from apmex in 2015 and 18.






TLDR . . . . .
Market conditions dictate the spread I get that, but its important to shop around, 20 percent off spot, and 30-40 percent difference between sell and buy is used car salesman snake oil tactics.

Thanks for the feed back Thread
 
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