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Started By
Message
gold is a hedge against inflation!
Posted on 9/30/26 at 10:44 am
Posted on 9/30/26 at 10:44 am
poor grammy her gold has fallen over $1000.00 an ounce ytd.
grammy's gold buys $141,00 less stuff this morning than it did last night!
ron paul says in today's uncertain world you should buy gold!
grammy's gold buys $141,00 less stuff this morning than it did last night!
ron paul says in today's uncertain world you should buy gold!
Posted on 9/30/26 at 10:46 am to dickkellog
Assets are only worth something if people think they’re valuable. When priorities change, values can change.
I wonder where the value went if it left gold.
I wonder where the value went if it left gold.
Posted on 9/30/26 at 10:49 am to dickkellog
Prices go up and down every day. Gold is a commodity and store of value like any other asset, and it is just as prone to ups and downs as every other asset. Gold is often invested in because it’s more stable than treasuries, stocks, or real estate, not necessarily that it is going to increase in value more. However, all stability is relative, and all investments are gambles.
Posted on 9/30/26 at 10:52 am to kingbob
It is still the favorite SHTF hold
Posted on 9/30/26 at 10:54 am to dickkellog
The price is likely dropping due to the federal reserve raising rates.
It's up 138.19% over the past 5 years.
You're an idiot.
It's up 138.19% over the past 5 years.
You're an idiot.
Posted on 9/30/26 at 11:11 am to 3down10
quote:
You're an idiot.
He worked as a broker in the late 1800's. He knows everything; just ask him.
quote:
grammy's gold buys $141,00 less stuff this morning than it did last night!
This move probably doesn't have anything to do with the good inflation numbers announced this morning.
This post was edited on 9/30/26 at 11:22 am
Posted on 9/30/26 at 11:17 am to 3down10
you are correct. as long as interest rates are rising, gold will drop. if rates keep going up, the stock market will drop too.
Posted on 9/30/26 at 11:23 am to dickkellog
Gold is a good long term hedge against inflation. You are taking gold from its all time peak and looking at a drop during a short time of rising interest rates to come up with a false narrative.
Gold should not be all of your portfolio, but around 5% is not a bad position. I believe JP Morgan had recommended as much as 20% because they were cooling on bonds.
Gold should not be all of your portfolio, but around 5% is not a bad position. I believe JP Morgan had recommended as much as 20% because they were cooling on bonds.
Posted on 9/30/26 at 11:24 am to ynlvr
quote:
It is still the favorite SHTF hold
If we get to the point where paper currency collapses, our society will be in complete chaos and no one will care about shiny metal.
Posted on 9/30/26 at 11:47 am to dickkellog
Twilight zone the rip van winkle caper 
seems like the show knew stuff
seems like the show knew stuff Posted on 9/30/26 at 11:54 am to dickkellog
quote:
ron paul says in today's uncertain world you should buy gold!
FRP. I wanna know what William Devane has to say.
Posted on 9/30/26 at 11:56 am to ynlvr
quote:I would think guns, ammo, and food would have a far greater value.
It is still the favorite SHTF hold
If you had a place off grid that is stocked and the SHTF, a year later here is what is being offered to you for trading them 100 pounds dried and canned food.
(A)-1 AR15 and 2000 rounds of ammo (you have 2, but there are 4 adults living with you)
(B)-50 64 oz canning jars with lids 20# bees wax, and 2500 rounds of 22lr (you currently have 50 jars you are reusing, no bees wax and 5000 rounds of 22)
(C)-500w solar panel set up with 30 led bulbs 2 rechargeable flashlights (you have 400w now and 1 rechargeable flashlight)
(D)-Working 40 gallon still with 20, 1 gallon glass jugs. (you don’t have anything like that)
(E)-2 pounds of gold bars.
What would be your order of trade acceptance.
Me,
A,D,B,C,E
Posted on 9/30/26 at 11:57 am to dickkellog
So now is the time to buy
Posted on 9/30/26 at 12:26 pm to dickkellog
2 years ago it was $2,000. Today it is $4,000. What's your point other than you have the memory recall of a dog?
Posted on 9/30/26 at 12:58 pm to dickkellog
Silver will buy food.
Gold will buy life.
--Jewish proverb
Gold will buy life.
--Jewish proverb
Posted on 9/30/26 at 1:02 pm to dickkellog
You should stop cleaning rest stop bathroom floors by mouth. Brain rot is the result.
Posted on 9/30/26 at 1:04 pm to dickkellog
quote:
grammy's gold buys $141,00 less stuff this morning than it did last night!
Sure, Jan ….
Never mind that Central Banks, BRICs, and governments around the world are adding bullion to their Reserves as fast as has ever been recoded in history.
The debasement trade is alive and well …..
This post was edited on 9/30/26 at 1:10 pm
Posted on 9/30/26 at 1:09 pm to 3down10
quote:
It's up 138.19% over the past 5 years.
and now it's down 20% in one year, gold is seen as a hedge against inflation due to the stability of it's price. by definition a volatile asset can't be a hedge against inflation. plus when you buy physical gold you pay between 2.5-5% commission so when grammy bought her gold at $ 5000 an oz. last april her actual cost $5250.00 an oz so she's down $1000 an oz.
Posted on 9/30/26 at 1:13 pm to dickkellog
Yes, but assuming Grammy bought USA minted bullion, she will owe zero federal cap gains upon liquidation. Same goes for silver eagles.
Missouri just passed laws against government seizure and assured zero state capital gains too.
Grammy might just be smarter than you want to give her credit for.
You a Gen-Xr ?
Missouri just passed laws against government seizure and assured zero state capital gains too.
Grammy might just be smarter than you want to give her credit for.
You a Gen-Xr ?
This post was edited on 9/30/26 at 1:17 pm
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