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<p>[QUOTE="Vess1, post: 26645110, member: 13650"][USER=102022]@masterswimmer[/USER], those are actually pretty popular at some stores. Just watched a video today where one of the more popular youtubers was trading 52 of them on an oz of gold. The best part was he bought 100 of them 8 months ago with a 1 oz gold eagle and was back to give back 52 of them for a 1 oz gold buffalo. Made 48 oz for free off this run up. The store was happy to get them back as they were out and that was the last gold they had at the moment. </p><p><br /></p><p> Watched another video today that was quite informative discussing when will gold crash and what it takes. Everyone thinks it has to plummet just because it "has to" now but what it took in the past won't happen anymore. The calvalry isn't coming this time I'm afraid. </p><p><br /></p><p> It will take some new issue we haven't seen before because the value of the dollars not coming back, the World is getting out of dollars and if the new Fed chief does anything they'll be lowering interest rates which will drive PMs higher in the near and mid term. </p><p> </p><p> They raised interest rates to 20% at one time to combat inflation and PMs collapsed. That's impossible now. Because of government debt, interest rates will never be out of single digits again. Interest rates are actually dropping now. I just refinanced a vehicle I got seven months ago and lowered my rate 1.4% with perfect credit both times. Same bank.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 26645110, member: 13650"][USER=102022]@masterswimmer[/USER], those are actually pretty popular at some stores. Just watched a video today where one of the more popular youtubers was trading 52 of them on an oz of gold. The best part was he bought 100 of them 8 months ago with a 1 oz gold eagle and was back to give back 52 of them for a 1 oz gold buffalo. Made 48 oz for free off this run up. The store was happy to get them back as they were out and that was the last gold they had at the moment. Watched another video today that was quite informative discussing when will gold crash and what it takes. Everyone thinks it has to plummet just because it "has to" now but what it took in the past won't happen anymore. The calvalry isn't coming this time I'm afraid. It will take some new issue we haven't seen before because the value of the dollars not coming back, the World is getting out of dollars and if the new Fed chief does anything they'll be lowering interest rates which will drive PMs higher in the near and mid term. They raised interest rates to 20% at one time to combat inflation and PMs collapsed. That's impossible now. Because of government debt, interest rates will never be out of single digits again. Interest rates are actually dropping now. I just refinanced a vehicle I got seven months ago and lowered my rate 1.4% with perfect credit both times. Same bank.[/QUOTE]
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