Fuck off shitcoiners and various pajeets shilling your digital rugpulling trash, you are not welcome here. We are not interested. You already have an entire board to shill your ponzi scams. Leave us alone.
I love you pmg, but you gotta wise up. We have deflation until Congress acts bigly to create the conditions for big inflation, like UBI or massive loan guarantees to get banks lending.
For the lurkers out there unsure what to make of these recent moves, DON'T SELL YOUR PHYSICAL PMs...unless you unwisely bought on credit. Watch this video I have linked. Learn about the monetary system and how it is more complicated than some of the gold charlatans have led you to believe. If you are buying PMs for a moonshot, you're doing it wrong. This is savings. This is insurance. It's insurance that very well might just pay off in the next few year, but don't buy the hype generated on half-truths about what the Fed can and is actually doing.
The best time to buy PMs is yesterday. The second best time is now. Line will go down, so don't blow your load all at once. Average in and don't time it. If you are playing paper, don't do it on leverage. We have very rocky waters ahead.
John Brooks
>greatest wealth transfer from west to east >russia and china >gold for goods and services
Even with the recent moves I’m still up huge year-over-year on my metals position. I placed an order last week, I placed an order yesterday, I will probably place another order today.
Tesla has the same mcap as Bitcoin, went up on the same complete lack of fundamentals (1000 P. E. ratio in the former instance, no use-case in the latter instance). Tesla is pumped by Q. E., Bitcoin is pumped by tether. Meanwhile, gold is suppressed on the COMEX (see J. P. Morgan's recent billion-dollar fine; Bart Chilton's interview with Chris Marcus just before he died). When fiat actually does collapse, Bitcoin will go to zero along with all the bubble tech companies, because China, Russia, and other producing nations will demand gold and not Bitcoin in exchange for their production. They have been hoarding gold for the past ten years in preparation for this. Bitcoin is fundamentally broken as a currency (breaks down into $100 fees and 3-day transaction times when even 0.1% of the population attempts to use it, even on the Lightning Network) and everything which it can do, gold can do better (see Kinesis, and gold-backed currencies).
