Methinks gold is ready to launch

[SilverStacker]

Its a good time to scrape some cash together and buy a few oz of gold. BE has Krugies at $4,582 with a $15.92 premium. I have one OTW and am thinking of another, maybe a 1 oz buffalo, but the premiums are rather high. I always wanted a 2026 .9999 Buffalo. Its a good time to buy pre-'33 gold as well.

The market smells a peace deal and oil is going to crash. Nothing dramatic right ? But I think more of a steady series of adjustments and gold is going to take off pretty well. I say +$500 to +$1,000 by the end of the year.

Thoughts ?????

 

[pmbug]

1. Buying physical gold or silver for a stack is always a good idea if you have excess cash (ie. won't be overextending yourself).

2. Timing buys based upon geopolitics is a crap shoot. Maybe an Iran deal gets done, maybe WW3 breaks out. Who knows.

 

[Casey Jones]

We have economic laws and logic on our side.

They have algos; the mediuh; the money-printer. AND a facsimile of law. Not actual law; but Lawfare.

Money-printer-go-BRRR; they can print longer than you can muster personal resources.

My approach is similar to above. Put the savings into PMs. DO NOT expect to time the market - because it's not about economic forces now, only about whims of the Masterminds.

Only when the janga tower they, the money-changers, are building, collapses, will gold again assume its proper place. And even then, maybe only for a short time. Man seems not to learn that fiat is...only worth the word of the person issuing it.