For now: mostly liquidity problems. So you sell what you can. Like gold. CBs keep buying so there's always a bid under it. But the pressure from selling is higher than that buying. So price goes down.
Retail is nowhere to be spotted yet... So we're safe for a while to stack.
“What is called “planning” in political rhetoric is the government’s suppression of other people’s plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others.” ― Thomas Sowell
It is the difference twixt paper gold/silver versus physical. At the end of the day paper burns. Physical not so much. It might melt at high temperatures but it remains in integrity gold/silver versus paper representation - paper can be lost in a heartbeat. Not so much when it comes to physical.
I think it's real gold, but it's just stored there for CBs, ETFs, clients and banksters clients... I don't think they own it outright. (I didn't read their prospectus, so I can be wrong about that though)
Of course, but let’s be fair in commentary. I’ve gotten to where the Sudoku boards are all that seems to have merit. Charts are worthless when piled on top of each other and statistics a fools game #1
Damn Poland - get you some gold I reckon - wonder if it is coming from Germany.....
But really who cares being the "EU" is toast.
Seriously - just like the UK is...
Just like the City of London -
toast of their own making.
So really Poland - get you the gold while you can - but don't blame Russia if they come and get it from ya....being more than likely it belongs to them - ya know Poland?
Don’t worry. At the end of 2025, the National Bank of Poland held 105 tonnes of gold in Poland, 195 tonnes in the US (New York Fed) and 250 tonnes in the UK (BoE London). This means that just under 20 per cent of the gold was held domestically, with the rest held abroad. So, in reality, we have 105 tonnes; the rest was embezzled long ago 😉
Margin debt to GDP at all time high. "This time is different."
;-/
Loved the pain diagram !
"Interest on the debt ~20% of all tax revenue. Probably fine?"
It's ok we'll just print more.
For us naïve investors, why isn't the price of gold moving upwards because of demand? Is the supply increasing, or are there other factors?
For now: mostly liquidity problems. So you sell what you can. Like gold. CBs keep buying so there's always a bid under it. But the pressure from selling is higher than that buying. So price goes down.
Retail is nowhere to be spotted yet... So we're safe for a while to stack.
Meaning, stay in with diversification?
It's an insurance against stupidity in my opinion. Stupidity/Ignorance of the masses (like VP posits to your comment)...
I always felt kind of attracted to gold/silver because it is real. Honest money...
But of course, don't go all in, like with anything in life. That time was a decade ago 😉
Do you mean when we were 10 years younger?!!
I am going all in in Health! Within boundaries mind you. :-)
If a 500 hundred high tsunami was forming 500 miles out, would you:
(A) Build/buy a boat?
(B) Pretend it doesn't exist, pop a cold one, go watch the World Cup™?
(C) Grab portable assets & supplies, seek *safety* on higher ground?
“What is called “planning” in political rhetoric is the government’s suppression of other people’s plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others.” ― Thomas Sowell
It is the difference twixt paper gold/silver versus physical. At the end of the day paper burns. Physical not so much. It might melt at high temperatures but it remains in integrity gold/silver versus paper representation - paper can be lost in a heartbeat. Not so much when it comes to physical.
Thanks as always No1.
Global Gold Value Stock chart.
So the LBMA has about the same amount of gold as the USA ?
I assume that’s holdings of other countries gold.
Or would that include paper gold?
Anyone?
I think it's real gold, but it's just stored there for CBs, ETFs, clients and banksters clients... I don't think they own it outright. (I didn't read their prospectus, so I can be wrong about that though)
Oh Chartman - so many charts - but this statement in front of one of them is classical "statistical" sleight of hand in suggestion when this is said:
~
S&P 500 priced in grams of gold, -70% from 2000 peak:
~
Tis easy to check the peak - compare versus 1980 please.
If you check from that time frame the conclusion is different no doubt - so let me ask you with your commentary - is that "propaganda" or whatever?
I mean thanks for the charts and whatnot, but really you ain't pushing an "agenda" are ya?
I sure hope not.
As said before: I'm but a curator, not a messenger.
When it's interesting, i post it...
Of course, but let’s be fair in commentary. I’ve gotten to where the Sudoku boards are all that seems to have merit. Charts are worthless when piled on top of each other and statistics a fools game #1
Damn Poland - get you some gold I reckon - wonder if it is coming from Germany.....
But really who cares being the "EU" is toast.
Seriously - just like the UK is...
Just like the City of London -
toast of their own making.
So really Poland - get you the gold while you can - but don't blame Russia if they come and get it from ya....being more than likely it belongs to them - ya know Poland?
Don’t worry. At the end of 2025, the National Bank of Poland held 105 tonnes of gold in Poland, 195 tonnes in the US (New York Fed) and 250 tonnes in the UK (BoE London). This means that just under 20 per cent of the gold was held domestically, with the rest held abroad. So, in reality, we have 105 tonnes; the rest was embezzled long ago 😉