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Does gold and silver go "To the Moon" if

GRANDAMGRANDAM Posts: 8,708 ✭✭✭✭✭

the US and or Israel deceide to take out Iran's Nuclear weapons program because I think it is about to happen,,,,, sooner rather than later.

GrandAm :)

Comments

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,982 ✭✭✭✭✭

    Don't know if the metals will go to the moon if that action takes place, but Iran might go there 🚀

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,513 ✭✭✭✭✭

    Not even a mushroom cloud will get silver and gold to the moon.

  • RiveraFamilyCollectRiveraFamilyCollect Posts: 732 ✭✭✭✭

    I think the only thing that will moonshot gold and silver is if the U.S. Dollar lost its world reserve currency status. Which seems unlikely currently.

    The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.

  • derrybderryb Posts: 37,560 ✭✭✭✭✭

    @RiveraFamilyCollect said:
    I think the only thing that will moonshot gold and silver is if the U.S. Dollar lost its world reserve currency status. Which seems unlikely currently.

    in progress

  • WingsruleWingsrule Posts: 3,045 ✭✭✭✭

    Israel deceide to take out Iran's Nuclear weapons program because I think it is about to happen,,,,, sooner rather than later.

    Looks like a preemptive strike about 45 mins ago, gold spiked about $30

  • GoldFinger1969GoldFinger1969 Posts: 2,484 ✭✭✭✭✭

    @GRANDAM said:
    the US and or Israel deceide to take out Iran's Nuclear weapons program because I think it is about to happen,,,,, >sooner rather than later.

    No, because unless it escalates it's a 1-time positive. It's not something that is going to really move gold like Iran vs. Iraq in 1979.

  • jmski52jmski52 Posts: 23,169 ✭✭✭✭✭

    There's every indication that it could escalate, i.e., interfering with shipments in the Straits of Hormuz. And we haven't even seen what the response will be.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • RedneckHBRedneckHB Posts: 19,628 ✭✭✭✭✭

    @jmski52 said:
    There's every indication that it could escalate, i.e., interfering with shipments in the Straits of Hormuz. And we haven't even seen what the response will be.

    Been there, done that.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • GoldminersGoldminers Posts: 4,308 ✭✭✭✭✭
    edited June 15, 2025 4:06AM

    I keep buying physical silver on dips. Plenty of reasons for it to stay on an uptrend. Maybe not to the moon, but probably above the inflation rate.

  • johnny9434johnny9434 Posts: 29,070 ✭✭✭✭✭

    Its never a good time for any this to go on 😕

  • derrybderryb Posts: 37,560 ✭✭✭✭✭

    @johnny9434 said:
    Its never a good time for any this to go on 😕

    especially on a PM forum

  • johnny9434johnny9434 Posts: 29,070 ✭✭✭✭✭

    @derryb said:

    @johnny9434 said:
    Its never a good time for any this to go on 😕

    especially on a PM forum

    😉😑

  • @RiveraFamilyCollect said:
    I think the only thing that will moonshot gold and silver is if the U.S. Dollar lost its world reserve currency status. Which seems unlikely currently.

    Except its slowly happening. Gold just displaced the Euro as the #2 world reserve.

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