Gold and silver rose about 80% in 5 years.
That's a nice 16% per year return.
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The dollar is still greatly desired by America’s poor and the middle classes, whose wages have not risen much in nearly 30 years. They are not getting more dollars like citizens did in Weimar Germany. You won’t see dollars in wheelbarrows any time soon. Most of the Federal Reserve’s dollar printing goes directly to a handful of fantastically wealthy people at the top of the pyramid.
Many of them own the Federal Reserve. The Fed is propping up a market that is mostly owned by the top.
We The People are not receiving what the Fed is buying whether it is treasuries, corporate bonds, or ETFs, but we are forced to pay for it. Citizens must cough up more taxes to pay the interest on the absurdly high debt in order to make sure the fabulously rich get fabulously richer.
Until those at the very top start giving their money away to the rest of the country, the dollar will be fine.
https://www.zerohedge.com/economics/real-moneys-revenge
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I do the opposite, never check the price (I even manually block the price on most Bitcoin related websites using Ublock Origin). I do on a daily basis since forever visit the WO and play a little guessing game based on the thread’s mood: during consolidation periods it sometimes takes days before I get a price update.
you crazy
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Any random line can be followed for a few hours. Or so it seems.
Just not for long.
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$13,000 by the end of the week?
$12,500.
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"11.5k is the most important level" ? All right, I'll take it! Now that we're well above it...
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I have a gut feeling of 12500, this weekend.
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am willing to find out
Quite impressive. I mean, 191 frames GIF under 1 meg! What kind of technological sorcery is this?
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Wait till you hear about Skripals case and the official 'smeared doorknob' theory...
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Not sure if average is more relevant or less.
Of course the average is more relevant. P.S. I see gold and silver pumping like crazy again. Will BTC follow them, and soon?
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4 best months so far:
12/2017 average price=$14835 1/2018 average price=$12891 7/2019 average price=$10665 8/2019 average price=$10612
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If we're going to spend an entire August in 11xxx range... well, that's fine with me.
It's a good range!
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wait what?
Masterluc predicitng UP movement?
Oh uh...
I have bad feeling about this...
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The world seems to be in such a poor shape... we can't really have ANY expectations regarding long-term passive income. The big reset in coming.
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Reminds me of when I 1st heard Deep Purple's "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....." yeah I know, I'm still deaf to this day....
I'm deaf since I heard them live, in a small(-ish) place. Damn, they were loud as hell.
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11350 is the key level.
Observing eleven tree fiddy.
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4 year shift 16x price shift sooo... 1 year from now... take a wild guess! July-August 2021
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We need to close the month at $11,500+!
And if not this month, maybe the next!
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