Post by
FastTrade on Apr 26, 2023 11:37am
Could a quantim leap in the POG happen?
Is a quantum leap to be coordinated in the price of gold among world players the big part of the plan driving world central government/banks now hoarding gold currently? Are they meticulously planning a new world gold standard? A gold reset for a yet to be disclosed later point in time?
Allowing for as many countries that will, it may be happening, amass as much gold as they are able before a reset to a new world gold standard that could be reasonably set at twice even triple today's gold price. ...hmmm?
Reasonable in that doubling even tripling any given nations worth literally overnight could reset world national debts to back within manageable levels again.!
Reasonable for the countries partaking in amassing gold currently, leaving those not doing so to drown in their own debt and out of the picture to go on struggling for survival.
A global gold standard designed specifically to lower the national debt and inflation of each member country having had the fortitude to amass gold. Each country's debt to be modified and lessened as per the amount of gold they have obtained.
With a timeline to be set when the physical gold that is yet to be moved around has been exhausted globally - with little to no more physical gold left from anywhere to be obtained and stored in world government vaults - then a world gold standard and pricing reset could, perhaps and maybe will commence.
Makes perfect sense at any rate to undergo such a plan to bail the worlds nations for the most part out of extreme debt by tripling their net worth through a gold reset and in so doing, provide them with much badly needed inflation relief.
Perfect sense for those countries paying attention anyway and at the very least are buying gold.
Poor Canada . Some leadership . Has no gold and isn't accumulating.any.
It is coming to the point where money printing/debt creation will find no buyers of that countries currency and debt . Then they/we will come to experience runaway inflation becoming hyperinflation .
Those nations and individuals with gold will do well. , some more than others.
Nations and individuals without gold will not fare well.
Comment by
fordster on Apr 26, 2023 12:09pm
If you scenario plays out, US and Canada will nationalize all gold and gold stocks/miners...at that point Canada will not be without gold and will fair well. It's the rest of us that will have the problem.
Comment by
garzillalives on Apr 26, 2023 3:24pm
Governments do not want the restrictions that gold would impose on them. That's why they are moveing towards CBDCs (Central Bank Digital Currencies). Gold is an asset class that has no liability but it will not be tied to any currency.
Comment by
FastTrade on Apr 26, 2023 7:27pm
Digital currency not tied to gold won't solve any countries debt or inflation problems. Canada nationalizing its miners will put the stake in the heart of mining in Canada.
Comment by
garzillalives on Apr 27, 2023 3:25pm
Canada would not nationalize the mining industry. All governments will default on our debt, blame it on WWIII and then introduce the CBDC. Then they will introduce a minimum income to everyone, esp. to those who lost their pensions. Mortgages will be taken over by the government and then: YOU WILL OWN NOTHING AND YOU WILL BE HAPPY.
Comment by
LonghandStrong on Apr 27, 2023 4:40pm
Is this Stockhouse, or Discord? Conspiracy theories on this board + no volume = pressure on SP
Comment by
Jetstream1281 on Apr 27, 2023 7:31pm
While that is true, there will come a day where it won't matter whether you bought at .125 or .18. The only thing that will matter is how many shares you own...I haven't sold one share, and I wont until we are MUCH higher than we are now.
Comment by
garzillalives on Apr 28, 2023 11:37am
Hahahahahaha...............
Comment by
Stockmoves1 on Apr 28, 2023 12:50pm
The market has spoken. Gold is building. Like you guys say, whether its 13 or 18 wont matter because what we see on these prices will be amazing when it all breaks out.... To be betting against the market when $2100 is getting closer and a rally is on the horizon is mere foolish.. Im adding plenty on this pull... took more at 165... fill me for a penny or two lower if you must...