Buying gold and silver.

[3Roosters]

Buying silver is like kissing your sister

what do you know?

 

[Maddog]

And today 4/21/2025

I hope you all are paying attention to what is happening in the financial markets.
And what will in all likelihood happen before years end. It is predicted by numerous sites that the gold standard will return. And because of that gold will be in the neighborhood of $10,000/ounce.

Back in 2009 my friend and I were talking about that this was going to happen. We predicted in 7-8 years. Well with the interest rate reductions (that is, the ability to re-finance the national debt) it took quite a bit longer. Kick that can, will you. Anyway. On April 11th I went full in on gold. By year's end I will let y'all know how I did. It is easy to look in the mirror after it happens. Well I went the other way. For y'all to see. Maybe I will only have enough to buy a dozen minnows if gold goes to nothing. LOL I don't think so.

 

[Sum1]

And today 4/21/2025

I hope you all are paying attention to what is happening in the financial markets.
And what will in all likelihood happen before years end. It is predicted by numerous sites that the gold standard will return. And because of that gold will be in the neighborhood of $10,000/ounce.

Back in 2009 my friend and I were talking about that this was going to happen. We predicted in 7-8 years. Well with the interest rate reductions (that is, the ability to re-finance the national debt) it took quite a bit longer. Kick that can, will you. Anyway. On April 11th I went full in on gold. By year's end I will let y'all know how I did. It is easy to look in the mirror after it happens. Well I went the other way. For y'all to see. Maybe I will only have enough to buy a dozen minnows if gold goes to nothing. LOL I don't think so.

That’s a ballsy move for sure! But with big risks comes big rewards. My gut tells me you will be sitting pretty well. Idk about 10 grand but well non the less. I’m temped to go all in on Palantir.

 

[CatDaddy]

And today 4/21/2025

I hope you all are paying attention to what is happening in the financial markets.
And what will in all likelihood happen before years end. It is predicted by numerous sites that the gold standard will return. And because of that gold will be in the neighborhood of $10,000/ounce.

Back in 2009 my friend and I were talking about that this was going to happen. We predicted in 7-8 years. Well with the interest rate reductions (that is, the ability to re-finance the national debt) it took quite a bit longer. Kick that can, will you. Anyway. On April 11th I went full in on gold. By year's end I will let y'all know how I did. It is easy to look in the mirror after it happens. Well I went the other way. For y'all to see. Maybe I will only have enough to buy a dozen minnows if gold goes to nothing. LOL I don't think so.

https://www.msn.com/en-us/money/mar...S&cvid=6042a8233a6b445e98ed6032f35ee993&ei=53

 

[Ruttin]

If we go back to the gold standard it would be a monumental shift in the right direction

 

[KDM]

Keep in mind that one trillion dollars, if gold is 4k an oz, equals about 7812 TONS of gold if we went back to the gold standard. That's just one trillion. What's the national debt again? How much gold is in the country? I think there might be a slight disconnect there, but I could be wrong.

update: National debt is over 36 trillion and counting. By my math (suspect at best) that makes about 282,000 tons of gold we need to cover it.

 

[risingsun]

And the U.S. government supposedly has less than 9375 tons of gold. 147 million ounces in ft knox and approximately another 147 million ounces in other places. I used 300 million ounces to rough guess it. Iffin my figures are correct?

 

[LBrandt]

Keep in mind that one trillion dollars, if gold is 4k an oz, equals about 7812 TONS of gold if we went back to the gold standard. That's just one trillion. What's the national debt again? How much gold is in the country? I think there might be a slight disconnect there, but I could be wrong.

update: National debt is over 36 trillion and counting. By my math (suspect at best) that makes about 282,000 tons of gold we need to cover it.

Tony and Parker need to get their bleep bleep bleep asses on gear. LB

 

[Maddog]

 

[Maddog]

From AAA to AA+: What This Downgrade Means for Gold and the Dollar​

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The warning signs have been flashing for years.
Now Moody’s has confirmed it: the United States is no longer AAA-rated.
In this urgent new video, Mike Maloney reacts live as Alan Hibbard breaks down the downgrade—and what it signals about America’s deepening debt spiral, unsustainable fiscal policies, and the dollar’s fading power on the global stage.
Mike doesn’t hold back:
“We’re borrowing to go deeper into debt just to pay greater interest… and there’s no way out.”
This downgrade is more than just another headline — it’s a signal that the era of dollar dominance is ending. And according to Mike, it’s one of the clearest buy signals gold has ever seen.

 

[CatDaddy]

 

[Maddog]

U.S. Service Sector Contracts as Trade War Uncertainty Grips Businesses​

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The U.S. service sector, which includes businesses like restaurants, hotels, and transportation companies, shrank in May for the first time in nearly a year.
The Institute for Supply Management’s services index dropped to 49.9% from 51.6% in April—any reading below 50% indicates contraction.
This decline is largely attributed to ongoing trade wars that have created uncertainty among business leaders, frozen hiring, and increased costs through tariffs.
Key indicators showed significant weakness: new orders fell to their lowest level in over three years, while prices surged to a 2.5-year high due to tariffs raising supply costs. Despite the Trump administration relaxing some tariffs to allow for trade negotiations, the economic damage from trade disputes continues to weigh on business activity.

 

[Maddog]

Potential for a New Monetary System​

Perhaps the most compelling development is the renewed talk of a global monetary reset. U.S. Treasury Secretary Scott Bessant has even suggested that a “new Bretton Woods” could be on the horizon — one that may involve gold.

If gold were revalued to back just U.S. currency in circulation, it could imply a price of ~$10,000 per ounce. More extreme scenarios — covering broader money supply measures — point to even higher levels.

“If they move to a gold-backed system, it can’t happen at today’s prices. It has to be far higher—possibly $10,000 an ounce or more.” – Mike Maloney

 

[Maddog]

What This Means for Investors​

With inflation, debt, and geopolitical tensions mounting, the case for gold has never been stronger. Yet many retail investors remain on the sidelines — while central banks and Eastern buyers quietly accumulate.

As Maloney puts it:

“It’s better to be a year early than a minute too late.”

If a monetary reset or crisis triggers a revaluation, the price of gold could move sharply higher, leaving unprepared investors behind.

 

[Maddog]

The New Reality: Gold as Monetary Foundation​

This isn’t your grandfather’s gold rally. Speculation or inflation fears drove past cycles, but today’s movement reflects a seismic shift in the global financial system.

Central banks — particularly in Asia and emerging markets — aren’t just buying gold anymore. They’re hoarding it at unprecedented rates. Why? Because as fiat currencies buckle under historic debt loads and endless money printing, these institutions see what’s coming: a new monetary order with gold at its center.

Mike and Alan’s analysis shows gold transitioning from portfolio hedge to monetary bedrock — the foundation upon which a new global money system will be built.

​

The Global Monetary Reset Is Reshaping Gold’s Role​

Unlike past gold rallies, this cycle is driven by much deeper forces than simple commodity speculation or inflation hedging. As fiat currencies around the world weaken under massive debt burdens and unprecedented monetary expansion, central banks—especially outside the West—are aggressively buying and hoarding gold as a safe haven.

Mike and Alan show how gold is stepping into a new role, becoming the backbone of a new monetary system that could replace failing fiat currencies. This reset means gold is no longer just another investment; it’s poised to be the foundation of global money.

Why $9,000 Isn’t Crazy​

Traditional gold bull markets follow a predictable pattern: slow accumulation, acceleration, bubble, crash. But Mike argues we’re breaking that mold.

The chart he presents reveals gold entering the “final third” of its bull market — historically the most explosive phase. But unlike previous cycles, this surge is supported by structural changes rather than speculation:

• Debt levels that make currency devaluation inevitable
• Central bank buying that puts a floor under prices
• Geopolitical realignment creating new demand dynamics

These factors suggest gold won’t crash after reaching new highs. Instead, it could establish a permanently higher trading range as it assumes its new monetary role.

 

[Maddog]

Keep in mind that one trillion dollars, if gold is 4k an oz, equals about 7812 TONS of gold if we went back to the gold standard. That's just one trillion. What's the national debt again? How much gold is in the country? I think there might be a slight disconnect there, but I could be wrong.

update: National debt is over 36 trillion and counting. By my math (suspect at best) that makes about 282,000 tons of gold we need to cover it.

.... or the price of gold needs to be proportionately higher ... a LOT higher ....

With the rate that debt interest is growing something has to give. Eventually.

Now one may realize why Trump is also pushing for lower interest rates.

IMO it will be too little to late .... a slight delay ... but "something" needs to change.

The world wide tariff fiasco will only exasperate (sp?) the problem.

 

[lunkerslayer]

Gold is very dense
https://www.visualcapitalist.com/12-stunning-visualizations-of-gold-bars-show-its-rarity/
One gold bar weighs 25 pounds
So 80 bars equals 1 ton
https://www.31p1.com/blog/gold-bar-weight-all-you-need-to-know-more-about-gold/
United states has a little over 8100 tons of gold in reserve

https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
As you can see that the majority of the national debt is owned by the people, this can be remedied by capping the interest of that debt
https://wallethub.com/edu/cc/historical-credit-card-interest-rates/25577
We need to get back to the gold standard, and regulate what interest cc can charge.
And get rid of the federal reserve

 

[Wall-eyes]

Be very careful lots of scams out there. I am very happy with my gold bought back when it was 200 to 300 an oz. Silver is no good you can make more money in cd or something silver has been 17 to 20 oz for life time

 

[Pheasant 54]

Depending on how much you want to dabble , try Costco first , wont find it cheaper and of good quality . Last time I checked they were not that much over spot , but you are restricted in how much you can buy. I am with Wall-eyes , bought it years ago

 

[Wally World]

A couple years ago gold was at 2000. and now it's at 3334. Just this past year it's up over 34% Not to bad... silver the same time was around 20. and now it's at 38. This past year it's up over 27%. Not to shabby.