as we see at present the price has free-falling from high 50k to low 40k is at present 44500 levels .. I wouldn't be surprised to see move pretty fast towards 10k levels
$48.8k now and building towards first target of $56k and eventually 100k and 300k...
$48.8k now and building towards first target of $56k and eventually 100k and 300k...
1mill 1trillion ????
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Nice stable currency ! Just what we need.
At least you will be a billionaire CC.
Alittle bit less than that sir...
A few days ago when bitcoin was at $43k JBmurc said "I wouldn't be surprised to see bitcoin at $10k soon"...
Well now we are at $50k and I'm wondering where he thinks we are headed next....
$10k still???
The central banks are still printing money hand over fist, they aren't selling their gold. Will rising interest rates mean gold without a yield is less attractive? My portfolio is looking a lot sadder these days and today might see it drop even worse. Is gold's role as a store of value over? Are the digital currencies coming out of the ether in unlimited quantities really a replacement?
I am worried that gold's day might be done. I guess I should press on with a house purchase and cash in my gold miners.
The central banks are still printing money hand over fist, they aren't selling their gold. Will rising interest rates mean gold without a yield is less attractive? My portfolio is looking a lot sadder these days and today might see it drop even worse. Is gold's role as a store of value over? Are the digital currencies coming out of the ether in unlimited quantities really a replacement?
I am worried that gold's day might be done. I guess I should press on with a house purchase and cash in my gold miners.
IMHO
Yes CB will continue to print ... and rates may be force higher but hardly enough to stress about ... there is just far to much debt to increase more than token amounts
Golds demise has been pumped before every great run higher ..
Crypto’s aren’t a replacement but if you believe and trust the MSM then they are ...
As for resident property personnel if I could get my wife on board I would sell our home and use the funds to purchase another commercial property
At present value I could get around 100k Pa in extra income... and rent ...
As too your S/H In The PM sector .. you still holding CWX it did double recently..,OBM pushed down id the back of AUD gold losing $500oz ... but they will still be making a profit when Gold resumes Bull trend they will be prime.. CNB strong buy not only on their great Gold projects but very High grade Cu prospects.. I actually sold my RXL position for a profit to buy more CNB
Originally Posted by JBmurc
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