Gold Is Breaking Out

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Chip
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Location: California

Gold Is Breaking Out

Post by Chip »

For those interested in the precious metals, gold has just passed it's all-time high of $1910/oz set in 2011. It is currently at $1942/oz, up $40 for the day, so far. Silver is heading up, too.

For people who've watched the metals for decades, they've all anticipated the period where the dollar sufficiently erodes in value and sets loose a huge climb in the metals, where they'll hopefully retake their old position as honest money, per the Constitution. Dishonest Federal Reserve Money has bought us corruption and moral decay which is absolutely out of control today.

Once gold passes $2000, it could really set silver free.

Metals.png
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Live update here:

https://goldprice.org

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Original_Intent
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Re: Gold Is Breaking Out

Post by Original_Intent »

Silver has actually been crushing gold, up 34% in the last six month compared to gold at 22%. Both are definitely rocking it.

Thing is, like you say, gold is setting ALL TIME records. That's actually iffy territory to be buying. disclaimer: I am not a financial advisor, do your own research and make your own decisions. Silver would have to double still to hit its all time highs. So, in my non-financial-advisor opinion, silver is the better bet if you are buying today.

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Alaris
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Re: Gold Is Breaking Out

Post by Alaris »

Consider the dwindling money supply is certainly not a coincidence with the COVID scam. Gold and Silver will continue to become more precious as the attack on the dollar is on the horizon.

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