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Gold or gold stocks?

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Value Collector said:
I imagine that if their is a zombie apocalypse, I will probably die the first day. So I don't plan for apocalyptic events, I plan for the most likely rosy outcome.
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Agree.

Just playing along, but still like a bit of physical for other reasons than the zombie apocalypse. In fact I think 5he zombie apocalypse has already arrived
 
don't neglect the gold hiding in your smartphone , going to be dificult and dangerous to get some of it out but it is there , and the phone might have little other use (if you can't recharge it )
 
for cash-flow ( div. income) i definitely prefer gold stocks hoping that any financial melt-down ( restructure ) will include a currency replacement , if not back to the stone age we go .
 
I am a firm believer that the Reset.Davos style... planned and managed is under way under the guise/pretext of covid-19/20/21/22..
Where would gold/gold producer/junior stand?
If the masses are to be reduced and moved back to where they belong and a return to a slaves and master world.. my summary of this reset..not that the Davos economic forum says it that way, i see share holding as much as fiat currency under siege: seizure by gov or just diseappear due to stock exchange closed or internet down.
You do not need a zombie apocalypse for this to happen.
In France, wall papers using "emprunts russes" were not uncommon.
Investment in russian coupons issued by the Tsar before the Russian revolution....were gold and sovereign backed ...and turn to 0
So then physical gold is your friend.
And as Wayne says,near you , next to ammos boxes et proper artillery
In the meantime,. I am probably guilty having some gold producers,now in ETF to avoid some individual risk but i think the argument for a juniors exposure only is probably right.see it through your own past experience..the big ones have been no where near they should be considering the profit they make per ounce.as soon as cash is freed, new purchese, assets,etc etc usually with a spp.
Is the aim of a gold priducer to return profit or extend its limited lifetime by buying new fields and so keeping the management in place.guess what,the management knows.this is valid for mining but emplified with gold
 
you assume people will be highly productive without the incentive of personal gain , i think you will find the result of the Soviet Union and other failed Communist governments will show you what happens and worker productivity declines , ESPECIALLY if they get a taste of the UBI ( universal benefit )

now if the Great Rest 'nationalizes all businesses ' ( all business now belong to the central government , what will happen to inovation Musk Branson and Bezos will be off playing space cadet of is that space invader ) and shares and corporate bonds will become worthless

my bet on gold stocks is a bet the Great Reset stumbles before it can be implemented properly , if not i will own nothing , and best of luck trying to make me happy about that .
 
A last point, in favor of physical gold:
Radical changes can happen quickly, a big solar flare can come anytime, the last big one melted telegraph lines in the 1900.the same now would mean: within one hour :half of all electric and electronic systems in the world would be melted (this is for a single flash, if the flares go for 24h, this is the whole planet, as would half of the satellites.assuming power plants and nuclear silos are protected enough,and not complete the destruction this means immediate carnage, an Armageddon with just a tiny bit of solar flare.
No asx power cars train or transport farming equipment..better have some gold and guns to get the last can of beans..
Ideally get a farm, not a gold bar
 
that solar flare would be interesting i try to collect scrap copper ( a normal government is less likely to seize that ) would be nice to use the solar flare ( magnified) to create crude copper ingots

hopefully there will still be some 'weeds ' to eat and won't need the can of beans ( that is if all those crazy agriculturists haven't killed them off ) stuff like prickly pear and sotch thistle , not a huge fan of guns , they normally make a lot of noise , and alert neighbours of your presence and despite my preference for gold over crypto , neither are much good if you have nobody to trade with .
 
Don't know about you guy's but I'm fully loaded & ready across my gold stocks... reckon war is coming soon as Putin won't back down & neither will the US/NATO
 
Telamelo said:
Don't know about you guy's but I'm fully loaded & ready across my gold stocks... reckon war is coming soon as Putin won't back down & neither will the US/NATO
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am not FULLY loaded in gold stocks , i still have some top-up orders in the market , but probably have about half of what i am willing to buy ( if the price is right )

they will attempt a war because it is the only proven way the West has to get out of the mess they have created ( i would like to see this mess cleaned up without a war , but i suspect a war we will have , either a civil one or an international one .. government CAN get overthrown during wars by the citizens )

spoiler alert ... Putin will be pragmatic enough to take a draw ( a lose/lose war ) so be VERY careful
 

I can't see it. The possibility of escalation and MAD (if that is still a thing), or at least *massive global damage...

...over a tinpot sh1thole like Ukraine?

This is assuming all parties involved are sane, which is arguable.
 
Ukraine is just a troubled place on the map

the MASSIVE destruction is when all those debt obligations unravel ( and the derivatives attached to the debt )

sane ?? we have just been through a two year virus saga which would pose the question .. what is sane , NOW

now Putin successfully bluffed once in front of a Soviet Embassy ( when all help was too far away ) , is he bluffing with a whole army to back him ( because 80% of the parliament is ex-Soviet intelligence , not just standard military ) or not

given Russia's huge land mass and SOME Russians are likely to survive , i think MAD is on the table rather than outright surrender ( look what they did to Japan , and Iraq )

the West is hoping for a distraction ( just like WW2 )

i think it is all about unserviceable debt entanglements ( beware of governments confiscating gold )

so however unpalatable MAD is to me , i must leave it in my risk calculations
 
wayneL said:
I can't see it. The possibility of escalation and MAD (if that is still a thing), or at least *massive global damage...

...over a tinpot sh1thole like Ukraine?

This is assuming all parties involved are sane, which is arguable.
Click to expand...
Bidden needs a distraction,is blackmailed by Ukraine after the corruption story with his son.and Putin has to draw the line or nato will install nissile on the red square.
Ukraine in Russia back garden.
A perfect analogy would be Russia installing missiles in Quebec and Quebec claiming all of Canada should speak French and fight the US.
I think moscow is less than 400km from the Ukrainian border, and Putin does fight for his country..
Wishing Biden would too
 
am surprised Russia hasn't installed ( ground to air ) missile defense batteries already in the rebel states to counter the only clear advantage the government forces have ..


and cheekily call them 'peace-keeping measures ' ( since using the Russia Air Force to do the same job would risk being called provocation )
 
wayneL said:
Agree.

Just playing along, but still like a bit of physical for other reasons than the zombie apocalypse. In fact I think 5he zombie apocalypse has already arrived
Click to expand...
Looking at Morrison and his Cabinet it would appear that the Choir of God’s Happy Clappers has been taken over by The Zombie Apocalypse.

Gold Bar buried or in the Perth Vault will do me atm.

gg
 
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