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Topic: Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel - page 5. (Read 1844 times)

legendary
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Silver at $50/ounce was a fluke, just like it was in 1980.  You might have to wait 35 years before it ever hits that mark again, and why would you want to take a chance that it may never get there?  Silver has a history of doing absolutely nothing for decades--same thing for gold. 

If you like coins with precious metals in them, that's one thing.  It's quite another to buy metals as investments.  I would suggest that it isn't a good idea.  I've been watching the market for years now, and I hear rhetoric like what OP spouted all the time.  "Buy silver, crash JP Morgan" was one of the things people used to write a few years ago.  It's always "If X happens, silver will explode" and somehow this never happens.  You would have made so much more money investing in bitcoin or the stock market in the last 7 years than buying gold or silver.
member
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Listen to your property statistics. I feel puzzled and very excited. Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel Roll Eyes
member
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Gold price was $1660/ounce in 2013. Now Gold is $1200/ounce. Silver fell to $15/ounce from $50/ounce. Stock markets/DOW Jones have gone up from 14000 to 26000.

The cartel of giant banks like Goldman Sachs, JP Morgan, HSBC etc who are worth multi-trillion dollars are nothing but they have all the money from worldwide people which they use to bring down gold and silver price and push up stock markets [money creating money or money from thin air]. The useless wealth management programs offered by these giant banks.

HSBC was involved in $100 billion money laundering.

If worldwide people buy 1 ounce Gold themselves there is no way these giant banks will have the money to crash bullion price and take Apple inc. to $1,000,000,000,000.

Apple Inc. worth is not more than $100 billion.

Gold at $2500/ounce and Silver at $60/ounce is the right price for bullion/precious metals.
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