Goldmember

I love gold.

[Goldmember @TheGoldFahza]

Keep dumping your gold and silver for dollars 😂👍

[Goldmember @TheGoldFahza]

@BenO6O1199O @APompliano Gold can be made artificially through nuclear transmutation, but the process is extremely costly and yields only microscopic amounts.

[Goldmember @TheGoldFahza]

@leadlagreport At current usage rates, proven reserves will last ~35-47 years.

[Goldmember @TheGoldFahza]

@leadlagreport Considering oil is a finite resource that does not form quickly, NO. It is the product of a geological process that spans tens of millions of years. Global supply is estimated to run dry in ~50 years. It can (and should) go much, much higher.

[Goldmember @TheGoldFahza]

@MalcolmTur13555 @leadlagreport Oil is a finite resource that does not form quickly — it is the product of a geological process that typically spans tens of millions of years...

[Goldmember @TheGoldFahza]

@MalcolmTur13555 @leadlagreport oil will become progressively harder, more expensive, and more energy-intensive to extract

[Goldmember @TheGoldFahza]

@ReclaimD1 wtf bro?

[Goldmember @TheGoldFahza]

@rz3abi @leadlagreport I don't think you're ever going to see $60 oil again.

[Goldmember @TheGoldFahza]

@MarkStopa @leadlagreport Sometime over the next 50 years when it runs out.

[Goldmember @TheGoldFahza]

@Mr_Derivatives I prefer owning the physical metal so I'm loving the discounts...keep 'em coming paper hands! 😂

[Goldmember @TheGoldFahza]

It is a very real possibility that the world will run out of oil in the next 50 years.

Check the math.

The days of cheap oil are behind us.

[Goldmember @TheGoldFahza]

~$2.74 for 1 gallon of nonrenewable fossil fuel formed over millions of years from buried organic matter under very specific geological conditions actually seems very, very cheap.

[Goldmember @TheGoldFahza]

Pretty sure the only item you can purchase 1 gallon of for less than $2.74 is water.

[Goldmember @TheGoldFahza]

It's scary to think how cheap a barrel of oil is even at $115.

1 barrel = 42 gallons

That's ~$2.74/gal

33% less than the national average of $4.11 for a gallon of milk.

Oil can go much higher.

[Goldmember @TheGoldFahza]

Tune in for next week's bloodbath...

[Goldmember @TheGoldFahza]

Guess it’s going to take a lackluster earnings season for you guys to finally get the memo. 🤷🏻‍♂️

Until then, enjoy the dead cat bounce…

[Goldmember @TheGoldFahza]

@strictrope 😂 CC: @ShaneStoffer

[Goldmember @TheGoldFahza]

#toptober

[Goldmember @TheGoldFahza]

Remember this during next week’s FOMC.

[Goldmember @TheGoldFahza]

@PeterSchiff They’ll engineer one more hike to really try and sell the illusion of independence, but the long-term playbook is entirely predictable: the FED will inevitably reverse course and revert to QE and lowering the FFR (per Trump’s wishes).

[Goldmember @TheGoldFahza]

@PeterSchiff @ImBreckWorsham I’d like to report basically every single politician for insider trading.