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11 thoughts on “Gold & Silver Rates Today, Commodity Market Update | Onlyinvesting.info”
  1. Gold prices will touch $80000 an ounce. A worldwide recession is due to hit the world economy between 2020-2022. The Chinese corona virus, its spread to South Korea, Japan and Italy which are all developed countries, Brexit and the looming uncertainty for UK and Europe, mounting US debt of over $22 trillion and rising and non stop wars in Yemen, Syria, Afghanistan, Somalia, Sahel region of Africa, Iraq, Libya etc are all pointers to a massive jump in gold prices to about $80000 an ounce. The coming recession is unlike anything that we have seen before. Buy and hold gold before it is too late.

  2. i have discovered the nature of money that would provoke the gold and cryptocurrencies market crash. If you buy put options on gold and with your influence make my theory on money known provoking the gold market crash you would become rich. Being everything else the same a country with no gold is wealthier than a country with gold that protects the mineral inside a vault. Being everything else the same imagine a country with a baker, a fishmonger and a singer with no gold and another with a baker, a fishmonger and a guard to protect gold inside a vault. Which one lives better? Which one is wealthier? The country with no gold is wealthier because the baker and fishmonger get entertained by the singer for their money but the country with gold have to work to pay the guard to protect a mineral that offers no wellbeing or wealth because is useless inside a vault. An analogy would be an innocent kid after saving his pocket money buys a bicycle and his father tells him that he can store the bicycle in a garage unused to sell it in the future, but the rent of the garage would cost him some of his pocket money or he can use and enjoy the bicycle. Which option would the kid choose? There is not benefit in buying to sell because no value is added. Do you understand? The gold becomes wealth when is used, sparing the cost of protection. Because gold is increasingly more expensive to dig out as there is less underground and is increasingly cheaper as there is more on offer overground there would be a point when nobody would be mining the mineral. How much cost the taxpayers to protect gold? Cryptocurrencies are a number but money is transferable debt, a number and a name.

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