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14:13
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Originally posted by atomic79:
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Gold smells a pivot...gold smells more money printing...gold sees explosive inflation in the pipeline....When...not if the fiat system fails Central banks will turn to a monetary system based on gold....if the US government still has the 261 million ounces of gold it claims to have and used just 25% gold backing for the US dollar (M2 money supply) it would mean a gold price of over $20,000 US per ounce... 100% backing is over $80,000 an ounce....the Fed continues to print new dollars out of thin air....does the US still have the gold it says it has?..or has it just disappeared into a marginalised fractionated financial world.. in 1971 gold went from $35 per ounce to $850 in 1980 that's up over 24 times....history repeats....the coming gold bull market will be simply explosive...
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Gold and silver 'expert' Atomic69 says buy 'physical' gold and silver...right at the very top. Plus a few other 'scary' goldbug scenarios that never happened...of course.
