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SuburbanFarmer
- Posts: 25346
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
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by SuburbanFarmer » Mon Feb 17, 2025 10:22 pm
SilverEagle wrote: ↑Mon Feb 17, 2025 7:22 pm
SuburbanFarmer wrote: ↑Mon Feb 17, 2025 2:35 pm
SilverEagle wrote: ↑Mon Feb 17, 2025 2:24 pm
Buy gold ETFs I suppose. I suspect there is no or little gold left. The government will be forced to fill it up…..supply and demand.
Ain’t no use owning paper gold when the collateral is found missing, or revalued. Get your filthy mitts on some physical bullion.
Real wealth will be accumulated in the markets. I already have enough physical silver and gold. I’m talking about an investment play. If that vault(s) is/are empty you will see a spike in GLD. Honestly I would rather have bitcoin ETFs and I do have some holdings there. Bigger gains to be made there and an empty Fort Knox would spike Bitcoin as well.
I haven’t paid off my mortgage yet. I’ll keep it simple for the time being, but I’m not betting against you.
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SuburbanFarmer
- Posts: 25346
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Post
by SuburbanFarmer » Mon Feb 17, 2025 10:23 pm
C-Mag wrote: ↑Mon Feb 17, 2025 6:52 pm
SilverEagle wrote: ↑Mon Feb 17, 2025 2:24 pm
C-Mag wrote: ↑Mon Feb 17, 2025 2:19 pm
Talk of an audit of the gold at Ft Knox.
Most doubt it is still there. Hasn't been publicly seen in 50 years.
What's the impact if it's gone ?
Buy gold ETFs I suppose. I suspect there is no or little gold left. The government will be forced to fill it up…..supply and demand.
Devils Advocate here.
What if there is more gold than they can explain ?
We know the US Government stole many Billions in gold from Iraq. We take gold from Cartels. Perhaps others.
They haven’t pretended to show you a nugget in 50 years. No reason for them to show you anything they don’t want to.