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Forum » How the fuk is 1 oz of gold worth $1,800
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Thread: How the fuk is 1 oz of gold worth $1,800

post 1673697943 12-28-2022, 06:06 PM
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How the fuk is 1 oz of gold worth $1,800

What in the flying fuk is this bullchit
post 1673698063 12-28-2022, 06:08 PM
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Because every other asset class is crashing.
post 1673698093 12-28-2022, 06:09 PM
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post 1673698143 12-28-2022, 06:09 PM
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And that is with it being suppressed by paper derivatives.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1673698213 12-28-2022, 06:11 PM
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what's the all in sustaining cost of your mine, brah

oh that's rite, u don't know a fkn thing

yesmad
Make Europe Germany Again
post 1673698423 12-28-2022, 06:15 PM
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  1. MarioMiami305
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You realize that gold is beng supressed? One could make a good argument gold should be priced at 10k dead srs.
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1673698463 12-28-2022, 06:15 PM
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Is that cheap?

How much is it in the future, OP?
post 1673698863 12-28-2022, 06:21 PM
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#8
  1. HappyNewWincel
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Originally Posted By OPGenesis⏩
And that is with it being suppressed by paper derivatives.
You do realize that futures, including gold futures, are also "paper derivatives" right chitforbrains?
post 1673698893 12-28-2022, 06:21 PM
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a pint of blood is worth more than a gallon of gold
post 1673699033 12-28-2022, 06:23 PM
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Originally Posted By r32gojirra⏩
Is that cheap?

How much is it in the future, OP?
That's USA dollars and 2,680 for you Aussie bros

Going to cost you an arm and a leg in the future
post 1673699183 12-28-2022, 06:26 PM
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How is bitcoin worth anything? Rather have an ounce of gold than a bitcoin.
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Army veteran crew
One Meal a day crew
post 1673699293 12-28-2022, 06:28 PM
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That's what happens when money is backed by nothing.
#
post 1673699313 12-28-2022, 06:28 PM
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I think gold will be a good thing to invest in as other assets (such as currency) are losing value
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Meat-eating crew, leaf eaters GTFO
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post 1673699443 12-28-2022, 06:31 PM
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Yea now think of this. There are 250 paper shares to 1 oz of physical silver and I believe 100 paper shares to 1oz of physical gold.

Imagine the price discovery of gold and silver. $1,800 for gold is absurdly low because of manipulation in the precious metals market.

JP Morgan was fined $900 million for precious metals market spoofing in 2020, and there was just another major lawsuit with ex JP Morgan employees that were indicted on those same charges.

Never a bad move to pick up some gold and silver while it's absurdly undervalued to hold onto.
post 1673702213 12-28-2022, 07:25 PM
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Originally Posted By DeadlyStriker⏩
Yea now think of this. There are 250 paper shares to 1 oz of physical silver and I believe 100 paper shares to 1oz of physical gold.

Imagine the price discovery of gold and silver. $1,800 for gold is absurdly low because of manipulation in the precious metals market.

JP Morgan was fined $900 million for precious metals market spoofing in 2020, and there was just another major lawsuit with ex JP Morgan employees that were indicted on those same charges.

Never a bad move to pick up some gold and silver while it's absurdly undervalued to hold onto.
I remember when it was considered conspiracy theorgy anout gold them manipulateing gold...its been proven
-germ theory is 100% fake
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post 1673702333 12-28-2022, 07:27 PM
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https://forum.obnoxiousbrutes.com/showt...post1673675053
post 1673702343 12-28-2022, 07:28 PM
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Its not “worth” that much. Thats just what its selling for.
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post 1673702373 12-28-2022, 07:29 PM
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Originally Posted By MarioMiami305⏩
You realize that gold is beng supressed? One could make a good argument gold should be priced at 10k dead srs.
Strong this. Gold surged to about the same price 14-15 years ago. With over a decade of inflation to include the ridiculous last year from our incompetent president, it should be valued way higher than 1800. It just tells me our money no long has value. (Ded fkn Srs)
Toxic Masculinity

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post 1673702383 12-28-2022, 07:30 PM
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Originally Posted By Ratfish⏩
what's the all in sustaining cost of your mine, brah

oh that's rite, u don't know a fkn thing

yesmad
There's actually a miscer who could answer this. Avocadojamaicabrah or something.
post 1673702393 12-28-2022, 07:30 PM
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Originally Posted By desslok⏩
Its not “worth” that much. Thats just what its selling for.
Originally Posted By JoeDelts⏩
There's actually a miscer who could answer this. Avocadojamaicabrah or something.
homeboy is living the dream

haven't seen a post by him in a while
Make Europe Germany Again
post 1673702413 12-28-2022, 07:30 PM
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Originally Posted By desslok⏩
Its not “worth” that much. Thats just what its selling for.
Its actually worth a lot more than 1800. And i promise you gold reaches 2k in 2023.

Once the fed pivots. Gold reaches a new all time high between 2300-2500. Book it.
-germ theory is 100% fake
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post 1673702463 12-28-2022, 07:31 PM
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Originally Posted By MarioMiami305⏩
Its actually worth a lot more than 1800. And i promise you gold reaches 2k in 2023.

Once the fed pivots. Gold reaches a new all time high between 2300-2500. Book it.
watch for putin accepting gold for oil

it's over for dollarcels at that point and gold will at least double srs
Make Europe Germany Again
post 1673702663 12-28-2022, 07:36 PM
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Originally Posted By MarioMiami305⏩
Its actually worth a lot more than 1800. And i promise you gold reaches 2k in 2023.

Once the fed pivots. Gold reaches a new all time high between 2300-2500. Book it.
If you can time the panic buying, it can be a good investment. As long as you sell before people realize “what am I gonna do with this crap?” And sell it like they did last few times it got artificially overpriced.
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post 1673702703 12-28-2022, 07:37 PM
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The degenerate subcontractors that stole a safe out of my mothers closet with 90k of gold back in 2004 must be doing well. Though they probably sold it all in 2004.
post 1673702743 12-28-2022, 07:38 PM
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Originally Posted By DeadlyStriker⏩
Yea now think of this. There are 250 paper shares to 1 oz of physical silver and I believe 100 paper shares to 1oz of physical gold.

Imagine the price discovery of gold and silver. $1,800 for gold is absurdly low because of manipulation in the precious metals market.

JP Morgan was fined $900 million for precious metals market spoofing in 2020, and there was just another major lawsuit with ex JP Morgan employees that were indicted on those same charges.

Never a bad move to pick up some gold and silver while it's absurdly undervalued to hold onto.
Yes, buying in 2011/2012. Imagine buying gold in 2012 instead of stocks or a house. But gold is a hedge against inflation right? What was the price back then? LMAO.

And yes the price is manipulated. I don't understand how that's a reason to buy it. I'd say that's a reason to stay away.

I was a silver bug back in the day. Rode that chit from $13 an oz all the way to $48. Was good fun, don't think it's a good long term investment tho.

Edit-Jesus, it is $1800/oz. LMAO. Looks way undervalued based on price alone.
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post 1673703113 12-28-2022, 07:47 PM
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Originally Posted By -JR⏩
Yes, buying in 2011/2012. Imagine buying gold in 2012 instead of stocks or a house. But gold is a hedge against inflation right? What was the price back then? LMAO.

And yes the price is manipulated. I don't understand how that's a reason to buy it. I'd say that's a reason to stay away.

I was a silver bug back in the day. Rode that chit from $13 an oz all the way to $48. Was good fun, don't think it's a good long term investment tho.
You reqlize stocks have crashed this year, these tech stocks have dropped 90%

But it safe doe right?
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1673703243 12-28-2022, 07:48 PM
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#27
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Originally Posted By MarioMiami305⏩
You reqlize stocks have crashed this year, these tech stocks have dropped 90%

But it safe doe right?
Index brother.

-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1673705433 12-28-2022, 08:27 PM
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#28
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Originally Posted By -JR⏩
Index brother.

WHY THAT CHART ENDS IN 2019?

DONT WANAN SHOW THE DROP?

u realize spy is getting ready for its next leg down and it will be going back to pre covid lows, right?
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1673705923 12-28-2022, 08:38 PM
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Originally Posted By -JR⏩
Yes, buying in 2011/2012. Imagine buying gold in 2012 instead of stocks or a house. But gold is a hedge against inflation right? What was the price back then? LMAO.

And yes the price is manipulated. I don't understand how that's a reason to buy it. I'd say that's a reason to stay away.

I was a silver bug back in the day. Rode that chit from $13 an oz all the way to $48. Was good fun, don't think it's a good long term investment tho.

Edit-Jesus, it is $1800/oz. LMAO. Looks way undervalued based on price alone.
It's not an investment. That's the point. There's a reason why they started Basel III last year to make sure banks had enough gold to stabilize. Gold is currency. It never tarnishes.

The dollar is a unit of debt. It is worthless outside of transactional value. Stocks are nothing. Crypto is nothing. Notice how much money people lost investing over the past 2 years? How many got burned and scammed via crypto pump and dumps?

Gold and silver are the most undervalued PHYSICAL ASSETS in the world right now. It can't disappear overnight from manipulation because you own it and hold it.

Gold and silver are the foundation of currency. You bet I'm owning this chit lol. If all my riskier investments get wrecked I still have gold and silver as a protection. Fed pivots? Gold starts being used to buy oil? Possible Gold backed CBDC short term? Now you have an exploding asset you can utilize to roll over into another asset like real estate if you need to.

I bought this chit for long term and wealth protection. Not as an investment to make fiat with.
post 1673706753 12-28-2022, 08:57 PM
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Originally Posted By DeadlyStriker⏩
It's not an investment. That's the point. There's a reason why they started Basel III last year to make sure banks had enough gold to stabilize. Gold is currency. It never tarnishes.

The dollar is a unit of debt. It is worthless outside of transactional value. Stocks are nothing. Crypto is nothing. Notice how much money people lost investing over the past 2 years? How many got burned and scammed via crypto pump and dumps?

Gold and silver are the most undervalued PHYSICAL ASSETS in the world right now. It can't disappear overnight from manipulation because you own it and hold it.

Gold and silver are the foundation of currency. You bet I'm owning this chit lol. If all my riskier investments get wrecked I still have gold and silver as a protection. Fed pivots? Gold starts being used to buy oil? Possible Gold backed CBDC short term? Now you have an exploding asset you can utilize to roll over into another asset like real estate if you need to.

I bought this chit for long term and wealth protection. Not as an investment to make fiat with.
have you heard schiff talk about a possible gold backed currency that utlizates blockchain? basically can send and trade gold via blockchain. he believes that will be the future.
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
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