Live Gold Price, not to mention silver — way up

submitted by hennaojichan from (goldprice.org)

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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (7 children)

It is not that gold is going up, but Dollar (and other currencies) are going down.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

TRUTH.

[–]hennaojichan[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Same-Same The dollar is not going down where I live but it will.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (4 children)

Fed is 'printing' like there is no tomorrow so $ will go down at some point in the future.

[–]hennaojichan[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

I believe you. i just hope it doesn't happen before I get some lite coin.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

It IS going down down down down as we speak and has been for a long while. The issue is that central banking is coordinated worldwide, so when all currencies get debased, as is happening lately, the exchange rates don't change much. Except exchange rates with alternative stores of value: Gold, silver, bitcoin, etc.

However, this is where crafty finance comes into play: these alternative stores of values' prices have been kept under massive manipulative pressure. So in fact, the price of gold should be maybe $4,500 and silver $100 today in order to display the real decrease in the dollar's value. Or maybe even higher, nobody knows exactly.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yes. I meant that the rate of falling will accelerate.

[–]hennaojichan[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Right now.

[–]Ned 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Is this because of the US Treasury taking over the Fed?

[–]hennaojichan[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I think it is mainly because the US government has been printing fiat currency — green paper — for many years and at long last the chickens are coming home to roost. Whatever happens, there is no going back. For information on what to do, and there is still hope, for us, not the country, see The Dollar Vigilante on BitChute and 153News. i do not get a kickback. You will have to subscribe to his pay channel to get more specific information but those two channels are free. Of course there are other related factors: The national debt cannot be paid off, it just can't be done. Thus, the Great Reset that we are living through right now. The Reset is the opposite of redistribution of wealth that I saw in a headline today. That ain't gonna happen either.

My granddad was a lawyer and when the subject of redistribution of wealth came up, he always said the same thing: If wealth was redistributed today, all the money would be back in the same pockets by next Monday. Ha - Apologies for the non-technical homily and grits.