$27,000 Gold Soon! Your Gold & Silver Investment Is About to Become Very "Priceless" - Jim Rickards
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$27,000 Gold Soon! Your Gold & Silver Investment Is About to Become Very “Priceless” – Jim Rickards
In a bold prediction, financial expert Jim Rickards anticipates a dramatic rise in gold prices, projecting a surge to $27,000 per ounce. This significant increase could make your investments in gold and silver more valuable than ever, potentially transforming them into priceless assets. Discover what factors are driving this forecast and how you can prepare to capitalize on this potential financial opportunity.
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The higher the value of “Gold and Silver” the harder it will be to find “buyers”! Then the value will fall like a ” Lead Balloon ” Especially when everything is paid for with “Digital Money”!!!
Rebel Capitalist channel did an experiment with gold, silver, and Bitcoin and found out it’s a store of value but the counterparty risk (yes there is risk) is in what someone else is willing to pay for it.
The purpose of being a coin dealer is to sell coins, not to be the buyer of all the coins in the world
The purpose of being a gold and silver dealer is to sell it.
There is no way those dealers agree to be the only purchaser of gold and silver to give someone their store of value) which is still fiat currency) out of it.
It really is a fool and their money.
They lock into gold and silver and expect some one else to unlock them from their dumb decisions to lock their wealth in it.
Most of it is fake (get it assayed and prove me wrong) and average Joe/Jane would not buy, sell, or trade in it.
Only U. S. Mint gold and silver is money, anything else is investment. Cutesy silver coins with cutesy designs is collectibles.
Gold and silver have been the only real money for thousands of years because they can’t be manipulated and retain their purchasing power. An ounce of gold would purchase a complete set of fine clothes during the Roman era and an ounce of gold would do the same today.
People think that the “value” of precious metals is going up because they don’t realize that the it’s value of fiat currency used to purchase the metals t that’s decreasing. Like every fiat medium of exchange that has ever been used, it will eventually become absolutely worthless and it will take bushels of the fiat currency to purchase an ounce of metal.
A digital currency becomes instantly worthless the second the internet becomes unavailable.