Seems to be steadily dropping back to former price pre covid era

Like silver tbh it had a similar spike during the 2008 global recession

So looks like when thing normalise it better to not buy gold or silver

This post was edited by addone on May 4 2021 02:44am

Silver and gold are the most manipulated markets in the world it's a known fact in wall street. Banks have HUGE short exposure on it you wouldn't believe something like this is legal. If they let the precious metals fly it sends a massive signal that central banks lost control of their monetary policy. I'm sure they will shine again when time is due the next big cataclysm should be the next FED decision on if they decide to taper quantitate easing aka funny money.

As long as they keep doing QE stock market should go up that's ont of the reason I'm not expecting a big move on precious metal. Once they start rolling out CBDC's I'm pretty sure we're gonna see a massive acceleration in precious metals/Bitcoin and it should be something very violent. Literally everything is in place for a big ass shock, we got all the boxes checked except the banks are not lending easily like they did in Japan in the 90s or previous housing bubble pop in the US. People think it's different right now or refuse to see what's in front of us because they are all making mad money, that won't end differently.

Michael Burry warned of Weimar Germany on twitter then received a visit from the feds just recently, there's signs everywhere but as long as the music keeps playing it will be fun

This post was edited by TheHitman on May 4 2021 04:05am

Gold & Silver will start going up once the FED increases interest rates. Once we get a FED rate of around .50-.75 to .75-1.00, I'm pulling out of the market.

Lol, if they do start increasing rate you better buy physical

See these articles or read the gun n goats blog it's an important update for the gold market and it's implication. THIS IS HUGE

https://tomluongo.me/2021/05/23/basel-iii-and-the-new-role-for-gold/
https://www.goldmoney.com/research/goldmoney-insights/the-end-of-paper-gold-and-silver-markets
https://www.goldmoney.com/research/goldmoney-insights/the-end-of-the-lbma-is-nigh

Cuz we aren’t savages attracted to shiny things any more

/thread

demand for gold/silver from US minted coins is at an all time high, and sales are at a drastically all time low.

what's that mean? the US govt on behalf of institutions is creating an artificial shortage, crimping off the main vein of the market to prop up secondary markets.

they're cooking the books.