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It took off on Friday with over an unheard of rise in gold of over $50 and ounce. This is what Doug Casey has predicting for a long time now.

The financial world is undergoing a massive transformation, and we are witnessing what may be the LAST great gold bull market.

Unlike previous cycles, this one is fueled by the return of gold to the center of the monetary system. The profit potential from gold and mining stocks in this environment could be explosive, far surpassing the gains seen in past markets.

Doug Casey literally wrote the book on Crisis Investing. He has a proven track record of profiting during periods of market instability.

In our newly released video, Doug shares his insights on why this gold bull market is different and how investors can achieve transformative returns.

This is a rare opportunity to benefit from a pivotal moment in financial history.

Discover how you can take advantage of the LAST gold bull market.

Click here to watch the video now.
https://internationalman.com/the-last-g ... big-gains/

Until next time,

Doug Casey's International Man

No thanks

GFB wrote:No thanks

So, I guess that your just a paper money kind of guy then? I can't say I'm surprised.

planosteve wrote:

GFB wrote:No thanks

So, I guess that your just a paper money kind of guy then? I can't say I'm surprised.

Making the decision to put some percentage of a financial portfolio in gold..has nothing to do with “paper money.”

It would be that the person believes the price will grind higher..for whatever reason.

“Grind higher” means..becomes worth more “paper money” than you paid for it.

GFB wrote:

planosteve wrote:

GFB wrote:No thanks

So, I guess that your just a paper money kind of guy then? I can't say I'm surprised.

Making the decision to put some percentage of a financial portfolio in gold..has nothing to do with “paper money.”

It would be that the person believes the price will grind higher..for whatever reason.

Gold and silver are the only legal money under the constitution. And that is still true today. The paper crap we are forced by the govt. to accept is unconstitutional. The price of gold and silver are only beginning to rise. What they will eventually be worth is unknowable. The grinding higher days are over. The skyrocketing days are here. The digital money we have in the bank will become more and more worthless and then totally collapse the same as every other form of paper money in the world that ever existed.
We don't know how the govt will respond yet, but it will and soon.

If the gold and silver are so much more valuable than worthless paper, then why do the people that own the gold and silver want to trade it for the worthless paper?

Mark wrote:If the gold and silver are so much more valuable than worthless paper, then why do the people that own the gold and silver want to trade it for the worthless paper?

Why do you say they want to? You can't legally shop in stores with gold or silver.
Or anything else but credit cards or US fiat money.

planosteve wrote:

GFB wrote:

planosteve wrote:So, I guess that your just a paper money kind of guy then? I can't say I'm surprised.

Making the decision to put some percentage of a financial portfolio in gold..has nothing to do with “paper money.”

It would be that the person believes the price will grind higher..for whatever reason.

Gold and silver are the only legal money under the constitution. And that is still true today. The paper crap we are forced by the govt. to accept is unconstitutional. The price of gold and silver are only beginning to rise. What they will eventually be worth is unknowable. The grinding higher days are over. The skyrocketing days are here. The digital money we have in the bank will become more and more worthless and then totally collapse the same as every other form of paper money in the world that ever existed.
We don't know how the govt will respond yet, but it will and soon.

“Gold and Silver are only beginning to rise.”

If they rise, it means they will be worth more of the paper money you hate.

The value of gold peaked in 1979.

It has never come back to that inflation adjusted all time high.

Yes, inflation hits gold also.

GFB wrote:The value of gold peaked in 1979.

It has never come back to that inflation adjusted all time high.

Yes, inflation hits gold also.

When you say the "value" of gold "peaked". What do you mean?

planosteve wrote:

GFB wrote:The value of gold peaked in 1979.

It has never come back to that inflation adjusted all time high.

Yes, inflation hits gold also.

When you say the "value" of gold "peaked". What do you mean?

Yeah, that’s a toughie.

Like everything else in the world, it’s value is determined by how many by U.S. dollars it takes to buy it..and how many U.S. dollars it can be sold for.

..just like Apple stock..except Apple stock has increased in value by thousands of a percent since the 1980s.

GFB wrote:

planosteve wrote:

GFB wrote:The value of gold peaked in 1979.

It has never come back to that inflation adjusted all time high.

Yes, inflation hits gold also.

When you say the "value" of gold "peaked". What do you mean?

Yeah, that’s a toughie.

Like everything else in the world, it’s value is determined by how many by U.S. dollars it takes to buy it..and how many U.S. dollars it can be sold for.

..just like Apple stock..except Apple stock has increased in value by thousands of a percent since the 1980s.

The U.S. dollar is not fixed in value. It changes all the time. The value of one U.S. dollar has decreased by 86% in the last 50 years.

planosteve wrote:

GFB wrote:

planosteve wrote:When you say the "value" of gold "peaked". What do you mean?

Yeah, that’s a toughie.

Like everything else in the world, it’s value is determined by how many by U.S. dollars it takes to buy it..and how many U.S. dollars it can be sold for.

..just like Apple stock..except Apple stock has increased in value by thousands of a percent since the 1980s.

The U.S. dollar is not fixed in value. It changes all the time. The value of one U.S. dollar has decreased by 86% in the last 50 years.

What has happened..is the costs of goods and services have risen..especially while Biden has been President.

Meanwhile, the dollar has been the most stable currency in the world.

But see..if you were in the stock market since 1979, instead of gold..you’d be fabulously wealthy..and the rise in the cost of goods and services would be a meaningless blip on a screen.

..or you could have chosen real estate..anything but gold.

I don't know where you get this stuff because it makes no sense at all. My guess is you probably just make it up.

planosteve wrote:I don't know where you get this stuff because it makes no sense at all. My guess is you probably just make it up.

Here it is again..let me know what parts you don’t understand.


“What has happened..is the costs of goods and services have risen..especially while Biden has been President.

Meanwhile, the dollar has been the most stable currency in the world.

But see..if you were in the stock market since 1979, instead of gold..you’d be fabulously wealthy..and the rise in the cost of goods and services would be a meaningless blip on a screen.

..or you could have chosen real estate..anything but gold.”

You don't make money when you buy an investment, you don't make any money at all until you sell it.
But, I'd advise if you still own stocks you had better get rid of them fast and start buying physical gold and silver because the run has started.

planosteve wrote:You don't make money when you buy an investment, you don't make any money at all until you sell it.

You’re very wrong there..stocks pay dividends..I’m living off dividends now. I don’t have to sell anything, but I will sell some at some point.

And you can charge rent for real estate.

When you said “you don’t make any money until you sell it”..you inadvertently described gold..perfectly.

If gold is so great

Why don't you own any?

Dow Jones historical chart..


https://www.macrotrends.net/1319/dow-jo ... ical-chart

Gold historical chart..

https://www.macrotrends.net/1333/histor ... year-chart