The Fullness of Truth..
We live in a world in constant battle involving three types of people:
1. Truth Seekers.
2. Truth Deniers.
3. Truth Hiders.
Who's winning?
@Iameddascoli@zerohedge@grok All I'll tell you is this: when gold hits $10,000/oz then $20,000/oz then 25,000/oz et cetera, remember this conversation.
@Iameddascoli@zerohedge@grok Remember I told you earlier that we are going to have gold backed currencies or a gold backed exchange system? You can trace back and see. That's what's coming.
This was just to show that even without that gold is actually used in trade today, whether it's by choice or not.
@Iameddascoli@zerohedge I don't think you understand my point. Of course the dollar right now is the tool in global trade. It's everywhere in the world. But that's changing with lower trust in the US. So what are countries slowly doing instead, they are replacing the dollar with gold. Day by day.
@Iameddascoli@zerohedge Gold was $2,624/oz on January 1, 2025. Today gold is btwn $5,250-$5,700+ depending on where you are in the world.
Gold is quickly replacing the dollar as the banks leading reserve because central banks have been purchasing 1000+ tons of gold annually since 2022.
Why?
@Iameddascoli@zerohedge Gold backed currencies. Or a gold backed exchange system. One way or the other gold is taking over global trade just as it was in the past.
If you wanna get ahead in the next decade or two, read my profile pic. Your kids will thank you for it.
@felixprehn I actually found this in my research too. It was the stagflation era. The conditions then are 70-80% similar to what's going on today.
Gold is going to astound everyone.
@Iameddascoli@zerohedge The dollar's reign is close to 60 years as the reserve currency. I bet it's not making another 20 years.
Worse, with this attack on Iran, 10-15 yrs max.
It's happening in this lifetime.
@Iameddascoli@zerohedge It's not happening in a day but it's happening. It's a slow burn. All the signs are there. Being an ostrich won't help. Don't hide your head in the sand.