LDS Freedom Forum

the US just authorized Ukraine to launch ATACMS deep into Russia.

About 14 years ago the Spirit whispered that the tribulations would start here in the US when gold hits $3000 an ounce. Gold is a good indicator of inflation and it's gone up over $900 an ounce in less than two years. I'm wondering if we are getting close to dollar devaluation.

Politically, I don't think Putin can survive if he allows ATACMS to hit Moscow or St. Petersburg. Putin stated yesterday that such attacks would draw Russian retaliation on both sides of the Atlantic.

It would be the perfect time for Iran, China, and North Korea to strike as well. US forces couldn't possibly cover four fronts.

Of course, I'm going to hope everything goes back to normal. And it may. I'm not crying wolf, I'm simply saying we should continue watching carefully what's happening and we should continue to be prepared.

Fasting, prayer, repentance and service are our best bets, and some food storage and protection couldn't hurt as well. Have a peaceful weekend!

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And this is happening while the American government is decapitated with no duly elected and accountable person making executive decisions.

Also observe that the Democratic candidate for the presidency is the current vice president of the country and apparently no one in charge sees her as qualified to assume the job now that she is running to hold next year!

It is all looking very shaky right now. I travel a great deal and now make certain that I always have my 72-hour bag as well as my get back home bag fully packed in my vehicle. I can make the 150-mile hike home but pray that it will not be asked of me.

I'm a complacent fool, forgot to keep track of gold prices.

the 3000 dollar mark has been on my mind over the last 2 decades. ... Gold appears now to be following closely with inflation. Silver..on the other hand is weak. For over 35 yrs now, I've thought that silver won't be a safe haven . BRICS will likely be backed by gold from Russia/China so gold should stay in the limelight and follow western inflation. Gold could certainly go where visionaries have predicted which is 30k/oz USD during hyperinflation. ...but it's exchange will become highly regulated at some point.

FrankOne wrote: ↑September 13th, 2024, 11:23 am the 3000 dollar mark has been on my mind over the last 2 decades. ... Gold appears now to be following closely with inflation. Silver..on the other hand is weak. For over 35 yrs now, I've thought that silver won't be a safe haven . BRICS will likely be backed by gold from Russia/China so gold should stay in the limelight and follow western inflation. Gold could certainly go where visionaries have predicted which is 30k/oz USD during hyperinflation. ...but it's exchange will become highly regulated at some point.

Gold will be regulated at some point, and on the black market I wonder if it will go above $30k per ounce. It should be almost that high right now given it's historical price of the price of gold weren't being suppressed.

Atrasado wrote: ↑September 13th, 2024, 12:20 pm

FrankOne wrote: ↑September 13th, 2024, 11:23 am the 3000 dollar mark has been on my mind over the last 2 decades. ... Gold appears now to be following closely with inflation. Silver..on the other hand is weak. For over 35 yrs now, I've thought that silver won't be a safe haven . BRICS will likely be backed by gold from Russia/China so gold should stay in the limelight and follow western inflation. Gold could certainly go where visionaries have predicted which is 30k/oz USD during hyperinflation. ...but it's exchange will become highly regulated at some point.

Gold will be regulated at some point, and on the black market I wonder if it will go above $30k per ounce. It should be almost that high right now given it's historical price of the price of gold weren't being suppressed.

well, wages back when gold was $20/oz was about $2.00 a day. So, 10 days for an ounce of gold. Today, that would be $250/day which is a little low for some trades and a little high for day labor . Seems close using that standard anyway. Gold today is more based on cost/oz to produce vs demand. If gold were 30k/oz today, no one would buy it and the price would plummet.

Atrasado wrote: ↑September 12th, 2024, 10:01 pm the US just authorized Ukraine to launch ATACMS deep into Russia.

About 14 years ago the Spirit whispered that the tribulations would start here in the US when gold hits $3000 an ounce. Gold is a good indicator of inflation and it's gone up over $900 an ounce in less than two years. I'm wondering if we are getting close to dollar devaluation.

Politically, I don't think Putin can survive if he allows ATACMS to hit Moscow or St. Petersburg. Putin stated yesterday that such attacks would draw Russian retaliation on both sides of the Atlantic.

It would be the perfect time for Iran, China, and North Korea to strike as well. US forces couldn't possibly cover four fronts.

Of course, I'm going to hope everything goes back to normal. And it may. I'm not crying wolf, I'm simply saying we should continue watching carefully what's happening and we should continue to be prepared.

Fasting, prayer, repentance and service are our best bets, and some food storage and protection couldn't hurt as well. Have a peaceful weekend!

Don't forget skills, knowledge, and community after the spiritual things. I've been studying Russian culture and people for the last few months. Russia has a lot of diversity but they're also strong, smart, and their society is much more cohesive looking from the outside. I've been watching videos of expat Americans who moved to Russia looking for what the US used to be in many respects. Apparently the media doesn't tell the whole story on this massive country. I know, big surprise... Let's not get into a war with them. Since that might be the dumbest idea ever it might be exactly what happens. WW1 certainly didn't need to happen or at least it didn't need to be as bad as it was. The interconnectedness of countries caused a lot of death before and it will again unfortunately. I've been wanting to buy gold for years but never had a chunk big enough to do it.

FrankOne wrote: ↑September 13th, 2024, 3:55 pm

Atrasado wrote: ↑September 13th, 2024, 12:20 pm

FrankOne wrote: ↑September 13th, 2024, 11:23 am the 3000 dollar mark has been on my mind over the last 2 decades. ... Gold appears now to be following closely with inflation. Silver..on the other hand is weak. For over 35 yrs now, I've thought that silver won't be a safe haven . BRICS will likely be backed by gold from Russia/China so gold should stay in the limelight and follow western inflation. Gold could certainly go where visionaries have predicted which is 30k/oz USD during hyperinflation. ...but it's exchange will become highly regulated at some point.

Gold will be regulated at some point, and on the black market I wonder if it will go above $30k per ounce. It should be almost that high right now given it's historical price of the price of gold weren't being suppressed.

well, wages back when gold was $20/oz was about $2.00 a day. So, 10 days for an ounce of gold. Today, that would be $250/day which is a little low for some trades and a little high for day labor . Seems close using that standard anyway. Gold today is more based on cost/oz to produce vs demand. If gold were 30k/oz today, no one would buy it and the price would plummet.

Some of the reasons why gold will keep climbing is because of inflation and fears of governmental instability and war. If gold hits $30k an oz. it will be because of hyperinflation, and that is hard to stop.

Gold has been suppressed by the powers that be because it is a gauge of inflation. It allows the powers that be to run an inflationary monetary policy without (edited) nearly as much inflation as would otherwise be. It also persuades some people to sell physical metal for those suppressed prices, which allows powerful people to vacuum up more metal than they would otherwise get.

Over the last few years the price has risen to more closely align with the general price levels. Once gold hits a certain price and keeps climbing that will cause many people to doubt the dollar which will require much higher interest rates. Of course, we can't afford higher rates, so we either won't raise or will raise only briefly. In either case, at a certain point a monetary crisis will unfold and there won't be anything that can be done about it.

Atrasado wrote: ↑September 12th, 2024, 10:01 pm
It would be the perfect time for Iran, China, and North Korea to strike as well. US forces couldn't possibly cover four fronts.

I don’t believe Russia and China (and it’s North Korea puppet) are ready for full battle directly with the United States yet. The United States is steadily weakening itself, so the enemy can just wait for that to progress in parallel with the proxy wars in other nations.