Home | Community | Message Board


This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Bridgetown Botanicals CBD Concentrates   PhytoExtractum Buy Bali Kratom Powder, Kratom Powder for Sale

Jump to first unread post Pages: 1
InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Gold spot price alert: >€60,000/kg
    #27687144 - 03/08/22 08:04 AM (1 year, 10 months ago)

I just got a spot price alert I didnt expect this soon.

Gold: €60,136/kg
Euro: $1.09


--------------------
Omnicyclion.org
higher knowledge starts here


Extras: Filter Print Post Top
OfflineBrian Jones
Club 27
Male User Gallery


Registered: 12/18/12
Posts: 12,340
Loc: attending Snake Church
Last seen: 4 hours, 22 minutes
Re: Gold spot price alert: >€60,000/kg [Re: Asante] * 1
    #27692020 - 03/12/22 04:24 AM (1 year, 10 months ago)

You've been talking about gold for a while now, and I was never quite buying the idea (except I did have a couple mint St. Gaudens that I profited on quite well after holding them for 5 years back in the early 21st century. But now I keep reading about the inflationary economy and poor prospects for the stock market, unless someone makes a superb pick. I'm starting to think you're on to something.


--------------------
"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


Extras: Filter Print Post Top
InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Gold spot price alert: >€60,000/kg [Re: Brian Jones]
    #27692036 - 03/12/22 05:02 AM (1 year, 10 months ago)

Quote:

Brian Jones said:
I'm starting to think you're on to something.





I can prove it to you.


Putin abolishes the taxation on Gold bullion and urges affluent Russians to park capital in gold, and to return Russia to the Gold Standard


So you thought I wasn't onto something?  :putin:


--------------------
Omnicyclion.org
higher knowledge starts here


Extras: Filter Print Post Top
InvisibleTheFakeSunRa
Bitch Splitter
 User Gallery


Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
Re: Gold spot price alert: >€60,000/kg [Re: Asante]
    #27692057 - 03/12/22 05:48 AM (1 year, 10 months ago)

You still have to sell it when it’s high or it’s meaningless


--------------------
[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


Extras: Filter Print Post Top
InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Gold spot price alert: >€60,000/kg [Re: TheFakeSunRa]
    #27692304 - 03/12/22 10:36 AM (1 year, 10 months ago)

Its not meaningless.

Suppose Larry has $1000 in his wallet, Curly has $1000 in the bank and Moe has $1000 in gold..

If the economy gets curb stomped, Larry finds it hard to pay anymore, Curly can't get to his money at all cause of a bank holiday and Moe? While his friends $1000 now spends like $100, his gold now would sell for $10,000

In the past 50 years, gold corrected an ANNUAL 8% for inflation, thats not as good as the S&P500, buit its zero risk and zero reliance on the risks of others.


--------------------
Omnicyclion.org
higher knowledge starts here


Extras: Filter Print Post Top
InvisibleTheFakeSunRa
Bitch Splitter
 User Gallery


Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
Re: Gold spot price alert: >€60,000/kg [Re: Asante]
    #27692391 - 03/12/22 11:58 AM (1 year, 10 months ago)

I understand that, obviously, but you still have to sell it to spend it. So, it’s meaningless until you sell it.

Quote:

his gold now would sell for $10,000




And he’ll get $10,000 if he sells.

You only make or lose money on investments when you sell.


--------------------
[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


Extras: Filter Print Post Top
InvisibleAhab McBathsalts
OTD Windmill Administrator
Other User Gallery Ultimate Champion: Blackjack


Folding@home Statistics
Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB Flag
Re: Gold spot price alert: >€60,000/kg [Re: TheFakeSunRa] * 3
    #27692922 - 03/12/22 06:27 PM (1 year, 10 months ago)

Russians wish they had gold coins instead of money in their banks.


--------------------
"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."


Extras: Filter Print Post Top
InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Gold spot price alert: >€60,000/kg [Re: Ahab McBathsalts]
    #27692959 - 03/12/22 06:59 PM (1 year, 10 months ago)

Quote:

TheFakeSunRa said:
I understand that, obviously, but you still have to sell it to spend it. So, it’s meaningless until you sell it.

Quote:

his gold now would sell for $10,000




And he’ll get $10,000 if he sells.

You only make or lose money on investments when you sell.





Investments yes.

Gold is a store of value, not an investment. It only netted you 8% annual gains over the last 50 years because the game is rigged to your detriment and you stop playing by converting to Gold.

Quote:

Ahab McBathsalts said:
Russians wish they had gold coins instead of money in their banks.





Putin wants it too, he immediately ended the gold tax and instructed his countrymen to hedge in gold. Putin recognizes that you can only have a strong Russia through strong Russians, and that its in their best interest that Russians own gold rather than are dependent on tanking roubles, euros and dollars.

if you own money, you own promises to get value.
If you own gold, you own the actual value.


Priceless insights: it was never about the money!



--------------------
Omnicyclion.org
higher knowledge starts here


Extras: Filter Print Post Top
InvisibleTheFakeSunRa
Bitch Splitter
 User Gallery


Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
Re: Gold spot price alert: >€60,000/kg [Re: Ahab McBathsalts]
    #27693011 - 03/12/22 07:38 PM (1 year, 10 months ago)

Quote:

Ahab McBathsalts said:
Russians wish they had gold coins instead of money in their banks.




If it’s for post breakdown bartering it might as well be vodka or beef jerky or guns and ammo.

Quote:

If you own gold, you own the actual value




Gold has some utility but its value is largely predicated on the belief that it has value same as any other investment.

I’m not saying gold isn’t a good investment. I’m just saying, like anything else, it has to be sold.

It’s a hedge against inflation. But you still have to sell it. You can’t live in it. You can’t eat it. It’s a commodity.


--------------------
[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


Extras: Filter Print Post Top
Jump to top Pages: 1

Shop: Bridgetown Botanicals CBD Concentrates   PhytoExtractum Buy Bali Kratom Powder, Kratom Powder for Sale


Similar ThreadsPosterViewsRepliesLast post
* Stock Traders: What are your positions?!
( 1 2 3 all )
geokillsA 12,869 48 01/28/06 10:40 PM
by LiquidSmoke
* Invest Your Money! Share you advice... kake 2,661 16 12/18/09 05:09 PM
by badchad
* Anyone buy a house recently? sublime40oz 4,066 19 09/24/05 09:59 PM
by Le_Canard
* Looking to buy a house in Canada!
( 1 2 all )
Ego Death 5,896 30 01/16/06 04:30 PM
by Ego Death
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 289 290 )
geokillsA 296,580 5,796 01/22/24 08:56 PM
by geokills
* Who makes 75+ dollars an hour?
( 1 2 all )
Shiithead 843 22 03/06/22 05:59 AM
by geokills
* Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects
( 1 2 3 4 ... 500 501 )
geokillsA 250,325 10,002 01/27/24 05:04 PM
by geokills
* Credit Card Tips
( 1 2 all )
novorua 7,953 39 10/12/05 10:01 PM
by Vvellum

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
251 topic views. 0 members, 3 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.026 seconds spending 0.004 seconds on 12 queries.