Home Precious Metals
Options

What is your assessment of the current economy?

12345679»

Comments

  • RedneckHBRedneckHB Posts: 19,664 ✭✭✭✭✭
    edited July 14, 2025 3:51PM

    Good, bad, ugly? Where are we these days?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • blitzdudeblitzdude Posts: 6,535 ✭✭✭✭✭
    edited July 14, 2025 4:27PM

    On the verge of a big, beautiful, bankruptcy. However, real wealth being generated in many places for those that decided not drink the Kool-aid.

    RGDS!

  • carew4mecarew4me Posts: 3,493 ✭✭✭✭

    teetering on the razors edge of technological nirvana or societal enslavement


    Loves me some shiny!
  • derrybderryb Posts: 37,627 ✭✭✭✭✭

    I let gold price tell me the state of the economy.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • AzurescensAzurescens Posts: 2,783 ✭✭✭✭✭

    I've been getting deeper into farming, bartering, foraging and all that and there seems to be a huge surge. Lots of people are canning, sharing goods, wanting to find ways to secure cheap and easy food. Mutual aid networks are on the rise and more people are starting gardens.

    The people this draws also have useful skills like sewing, small engine repair, hunting, or fishing. Our barter economy has gotten rip-roaringly hot. People are trading their skills for food and skipping the money aspect altogether. More farmers are accepting gold and silver as payment.

    Originally most of my clients were hikers who just wanted to know how to survive if they got lost. Now I'm getting a lot of people who would rather spend money up front to learn as a way to defer the future cost of groceries.

  • VikingDudeVikingDude Posts: 1,438 ✭✭✭

    Feels like storm clouds are slowly rolling in

  • DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭

    The US dollar is losing global dominance.

    Hard assets are being accumulated.

    I also believe the current administration will revalue gold to a much higher amount sometime around July 2026 (250 year anniversary).

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • RedneckHBRedneckHB Posts: 19,664 ✭✭✭✭✭

    @DoubleEagle59 said:

    I also believe the current administration will revalue gold to a much higher amount sometime around July 2026 (250 year anniversary).

    Why? How would they profit from that?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • blitzdudeblitzdude Posts: 6,535 ✭✭✭✭✭

    @DoubleEagle59 said:
    The US dollar is losing global dominance.

    Hard assets are being accumulated.

    I also believe the current administration will revalue gold to a much higher amount sometime around July 2026 (250 year anniversary).

    :roll! LOL!!

Sign In or Register to comment.