gold, page-131764

First 131764 Last

Share
Profile

Follow
Skol

33,736 Posts.

1409

20/03/25

15:43

Post #: 78348279
Share

Originally posted by Dentie: ↑

FWIW, I mostly agree. I can see a whole sale sell off if big margin calls etc are tripped and the gold holdings are needed for liquidity purposes (it would be a reluctant sell off I would think). So, only a temporary drop, if any. Once free of their debt obligations, these people would probably then attempt to get back into the metals with whatever they had left.

I don't believe any big chunk upwards on the Au/Ag price is due to the geopolitical events (although if the Middle East erupts into all out war - then the price could fly north). No, I reckon this ramping of the price is mainly due to the Central Banks getting ready for the collapse of the financial system, which I also think has begun. Of course, once the everyday punter realises what is happening, they will then finally try and dive in - which will drive up the prices even further (especially gold's kid sister!!).

What ever happens to unfold, I'm holding!!

Expand

. No, I reckon this ramping of the price is mainly due to the Central Banks getting ready for the collapse of the financial system, which I also think has begun.
-------
The collapse of the financial system has been predicted by goldbugs and the salesmen that sell them their gold coins ever since I've been here, and that's a long time.

Peter Schiff has predicted it for years, and he's never been right. So that's a clue.

Last edited by Skol: 20/03/25
1 Upvote

Reply

Top Stories

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

'Not possible' to port renewable gas: ACCC takes AGN to court

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

BOE

Boss extends June win streak with boosted Alta Mesa extraction rates

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

First 131764 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

gold, page-131764

Top Stories

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

'Not possible' to port renewable gas: ACCC takes AGN to court

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Australia’s gas crisis is here – and dying coal plants aren’t helping

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Boss extends June win streak with boosted Alta Mesa extraction rates

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Featured News