I am still waiting for gold/silver ratio to hit 30 (and Uranium $80) for sell signals! I hope this 52 y old lives to see this! I dunno if u always read these Dominic - but do u do voice overs on Times Radio? I think I keep hearing your voice...
Nov 6, 2022·edited Nov 6, 2022Liked by Dominic Frisby
So in 2 years gold's gone from $2000 to $1600 (20% down)
Meanwhile inflation's about 10%p/a.
So to keep pace over 24 months gold should be $2400.
Better portfolio plays are available!
I have no idea what's gonna happen, but gold seems narrative-immune. "have some gold and hope you don't ever need it" seems apt. I'm too optimistic to ever buy any gold though. And quasi pessimistic, in that if I do 'need gold', everything will be so f***ed I won't even care about it, and I'd probably just resort to theft, threats, and violence to feed my family.
Interesting moves on Friday in PMs.
I am still waiting for gold/silver ratio to hit 30 (and Uranium $80) for sell signals! I hope this 52 y old lives to see this! I dunno if u always read these Dominic - but do u do voice overs on Times Radio? I think I keep hearing your voice...
Yes, that's me
So in 2 years gold's gone from $2000 to $1600 (20% down)
Meanwhile inflation's about 10%p/a.
So to keep pace over 24 months gold should be $2400.
Better portfolio plays are available!
I have no idea what's gonna happen, but gold seems narrative-immune. "have some gold and hope you don't ever need it" seems apt. I'm too optimistic to ever buy any gold though. And quasi pessimistic, in that if I do 'need gold', everything will be so f***ed I won't even care about it, and I'd probably just resort to theft, threats, and violence to feed my family.
It's up in pounds though!
And in AuD
Lmaoski!
There are some who question the 400 tons. https://www.bullionstar.com/blogs/ronan-manly/gold-establishment-supports-central-bank-secrecy-instead-of-exposing-it/
Oh!!!! The plot thickens