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Depends as situation flaring up in Ukraine & Putin getting serious - this may unfortunately ultimately escalate into world war 3 soon and if so, then Gold price will skyrocket imo
No Comment!y'all gettin' too bullish, pretty much guaranteed to go down based on your post.
Gold up again overnight to US$1,947 / AUD$2,741y'all gettin' too bullish, pretty much guaranteed to go down based on your post.
Gold up again overnight to US$1,947 / AUD$2,741
If there’s world war 3, the price of Gold and the Stockmarket will be irrelevant. There’s enough nukes in the world to end humanity. Another extinction event.y'all gettin' too bullish, pretty much guaranteed to go down based on your post.
It won't automatically wipe out humanity to 0, but it will wipe out all your virtual crypto shares or fiat....gold guns food would be the real commodities... if you care to live in that scenario, bad news is the big 3 or 4 aus cities would be automatically wiped out by China or Russia now. Living somewhere in the bush and fighting crocodiles along with bandits could see your still stacking goldIf there’s world war 3, the price of Gold and the Stockmarket will be irrelevant. There’s enough nukes in the world to end humanity. Another extinction event.
True but we would get a nuclear winter which would impact food production, mass starvation, survivors fighting over land.It won't automatically wipe out humanity to 0, but it will wipe out all your virtual crypto shares or fiat....gold guns food would be the real commodities... if you care to live in that scenario, bad news is the big 3 or 4 aus cities would be automatically wiped out by China or Russia now. Living somewhere in the bush and fighting crocodiles along with bandits could see your still stacking gold
in which case you would still be better off having some gold rocks hidden somewhere rather than a bitcoin address, asx login or paper claim to land which nobody recognises. All pretty useless but one slightly better than the rest. All theory and who wants to live there anywayTrue but we would get a nuclear winter which would impact food production, mass starvation, survivors fighting over land.
Every afternoon, I have a mob of 250 to 300 roos come in from the forrest to our property.I'm waiting till my Kangaroos are worth $10K.
I would agree that the behaviour of the Russian cousins, in particular that of Vladimir Vladimirovich is providing good wind for the Good Ship Gold, as it chugs along through the tumult.Depends as situation flaring up in Ukraine & Putin getting serious - this may unfortunately ultimately escalate into world war 3 soon and if so, then Gold price will skyrocket imo
To me it's looking like GLD is going to come back a bit this week. A lot of markets re-balancing this week, should be interesting.
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some have calculated small pockets of humanity will persist ( and the select few who make the bunkers in time )If there’s world war 3, the price of Gold and the Stockmarket will be irrelevant. There’s enough nukes in the world to end humanity. Another extinction event.
Are u suggesting nuclear action by Russia to catapult gold price?some have calculated small pockets of humanity will persist ( and the select few who make the bunkers in time )
however civilization as you know it , may vanish
gold MIGHT still have barter value ( unlike stocks in a shattered global economy ) ( wouldn't you rather swap gold for a decent rifle , or food when survival gets tough )
please note it is unlikely the entire land surface of the world is within 5 km of a nuclear blast
BUT how many will resist the nuclear fallout and the nuclear Winter afterwards
that would depend on whether folks would exchange gold ( or silver ) for tangible commodities/assetsAre u suggesting nuclear action by Russia to catapult gold price?
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