[theluckycountry]

Gold Closes At Record High, Oil Soars As Retail Buys WW3
Gold Passes Euro As Second-Largest Global Reserve Asset: ECB

$this->bbcode_second_pass_quote('', 'D')oubling their previous pace, central banks bought more than a thousand tons per year in 2022, 2023 and 2024, putting their holdings at their highest level since the late 1970s, as measured by weight, and close to the all-time high established in 1965. The current pace of central-bank and sovereign-wealth-fund purchases roughly equals a quarter of mined production.

The ECB report attributes the trend in part to one of the biggest geo-political developments of recent years. “Gold demand for monetary reserves surged sharply in the wake of Russia’s full-scale invasion of Ukraine in 2022 and has remained high,” the researchers wrote.

Gold's 30% price surge in 2024 contributed to its second-place ranking as the year ended. However, its ascent has only continued since the timeframe of the ECB analysis, rising another 27% and approaching $3,500 per ounce. With buyers increasingly turning to gold as a hedge against political risks -- versus inflation risk -- there's plenty of reason to anticipate more upside

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'G')old Closes At Record High,

[theluckycountry]

[careinke]

Dang I missed Friday, and todays start. Too busy researching my upcoming AI robot on wheels.

Anyway,

Friday the 13th: 1BTC = 30.910 ounces of gold, another good day for gold

Interesting, Trading view does not track gold over the weekends, same for TESLA. However, CNBC does. So, I'll just use it as my sources for weekends.

Saturday the 14th of June: 1 BTC = 30.301 ounces of gold. *Note probably not as reliable on Weekends.

Peace

[theluckycountry]

Singapore’s Rise as a Leading Gold Hub
https://thereserve.sg/articles/singapor ... g-gold-hub
A natural choice really and a shift more aligned with the BRICS which will lead the way this century.

Singapore Takes Aim at Comex/ LBMA Gold Markets
https://vblgoldfix.substack.com/p/singa ... comex-lbma
Again, since the BRICKS block is preparing for a Gold back currency unit, just as the USofA did with Bretton Woods, they will want to control the price of Gold.

How Singapore became the go-to gold bunker for the ultra-rich
https://economictimes.indiatimes.com/ne ... 533067.cms
For years now savvy investors have been relocating to the island nation and taking their Gold with them. It's becoming the Switzerland of the Pacific, but the old Switzerland, that is. That country now is a shell of it's former self, just another degenerate Western blockie.

Australia currently exports around 2 billion in Gold to Singapore yearly.
https://tradingeconomics.com/australia/ ... /singapore

-In 2024-25, the United States was a significant gold exporter, with exports valued at $29.67 billion
-Imports. In 2024, United States imported $15.9B of Gold, being the 33rd most imported product

Don't for one minute assume all that export is mine production, a lot of it will be vaulted Gold. The US is being stripped of Gold.

It's a shell game over there Same with the oil, big imports and exports. Just think of all the money wasted exporting and then importing. Why? Parasites collecting fees and commissions no doubt, including federal government taxes. The US economy is basically just a money shuffling economy now, which is why it's collapse will be EPIC, there is no Real economy to support all the social services. It will be Perestroika, a great starvation and a massive rise in violent criminal gangs. Then you'll look for a Putin, but with no oil or Gas reserves to back it all up. You know it's true.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '[')b]Singapore’s Rise as a Leading Gold Hub
https://thereserve.sg/articles/singapor ... g-gold-hub

[theluckycountry]

The last one to leave this forum please remember to put Adam_B out and turn off the lights.

[careinke]

New Zulu Day, June 16 2025

1BTC = 30.508 ounces of gold. We live in interesting times, I'm loving it.


PEACE will come

[theluckycountry]

For much of recorded history the Silver to Gold ratio was 16:1, where it would take 16 ounces of Silver to buy 1 ounce of Gold. in the last century that has risen to around 50:1. Today that ratio stands near 100:1



In the world of real assets this is what's called "a buying opportunity". In the world of unlimited virtual assets it would mean nothing.
$this->bbcode_second_pass_quote('', '
')Gold may have grabbed headlines at $3,500/oz—but silver’s story is just beginning. While gold soared, silver stayed quiet. But that gap might not last much longer. If you missed the gold rush, silver could be your second chance. Silver's Fundamentals Are Stronger Than Ever. Silver is still trading far below its peak in 1980. Back then, silver hit nearly $50/oz. Adjusted for today’s dollars, that would be closer to $180/oz.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')$this->bbcode_second_pass_quote('', '
')Gold may have grabbed headlines at $3,500/oz—but the suckers who bought it at $1600/oz must have been the DUMBEST Third Worlders alive. If they had just taken their own advice and bought it a decade or three earlier, at least then it would look like they had gained value....even though it would still have been beaten by market tracking funds. And silver, on my goodness, that PM has been pitched by hucksters since Australians were all locked up behind bars, and even we aren't suckers for this one anymore. Nope...get that gold...hold on to it...and don't feel bad that your smarter cousin got some market tracking funds instead and whupped your ignorant PM backside.But stay strong! Not everyone can be smart like that...just remember...when you bury it in the backyard...DON'T FORGET WHERE YOU BURIED IT!

[theluckycountry]

Silver. Don't look for it on your TV set
Not yet anyway.
It went up again overnight
Silver Jumps to $37, Longest Split from Gold Price Since 1999
that's in US funny money, down here it's $57



I remember the last commodities super-cycle back in the 70's. I was only a teenager then and remember a friend's father coming home with a 1kg silver bar to show the family, then it was back to the vault tomorrow he said. He was an accountant, but like all TV heads just a financial idiot at heart. He'd bought those bars near the top and no doubt held them through the subsequent falls.

A couple of years ago I was talking about Gold but suggested to all that if they hadn't got in already at a much lower price they might as well not bother. Sure we've seen a 100% increase since then, but so what? You don't want to fall into the BTC trap, buying in the middle ten thousands and then expecting a 5000% increase on your gamble. The people that made the big bucks on BC bought in @ $200 and $2000 and have taken a lot off the table by now. Same with Gold, and Silver. The upside for Silver especially will be volatile and you'll have to get the bulk of your money out before it falls from whatever lofty high it reaches in the next couple of years.

Look at that chart, I'll post it again.



We are already in the Parabolic stage I would suggest so when I see the mass media talking about it I'll know it's getting near selling time. If I make 500% across the board I'll be happy because I havent bough any for years and am well up on my last allotment.

Of course I'll only sell like 3/4. As with the 1970's top and the 2010 one (to a lesser degree) silver will settle back to a lower price but a price still well above what it was when the manic bull run began. This is because it's a necessary metal and won't lose it's inflation gains.

[careinke]

Tuesday 1BTC = 30.904 ounces of gold.

Amazing times

Peace may be coming

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', 'T')uesday 1BTC = 30.904 ounces of gold.

Amazing times

Peace may be coming

[careinke]

June 18th 2025: 1 BTC = 31.129 ounces of gold.

Peace, hopefully.

[theluckycountry]

While Gold plods along and Silver breaks away, Platinum is on the Soyuz rocket. Over $2000 aussie now, a $500 increase in just a month. A look at it's long-term chart shows that it spikes during major Gold bull markets; 1980, 2008, and today. The precious metals move as a complex.
Naturally you have to adjust this chart for non-US prices to see what's really going on across the globe with the metal price but in short when it makes a huge gain, then fall back, it's new average is well above the old average. It plays inflation catchup basically.

A metal like Platinum has a very small market and these are easily manipulated by the major end users. In this case the automotive industry which is the major demand. Also since the bulk of it comes from Africa it's easy to corner those suppliers by buying into them. How this works? Imagine a network of international banks working together like the 7 sisters once did to control the oil price. They own vast blocks of shares in automotive companies and they own vast blocks in the African mines. It's a simple matter to control prices then from the board level.

Cheap platinum is good for the world as far as industrial growth is concerned. Cheap anything for that matter! But this approach takes no concern for sustainability or pollution or living wages, it's sole focus is greater profits and ever larger conglomerates. If you begin to look around you would be amazed by who owns what on this planet, and the banks are the gatekeepers, funneling the new credit (debt) where it suits their aims. As in the Wizard of Oz though they are hidden behind a curtain few peak around.

https://www.macrotrends.net/2540/platin ... chart-data

[theluckycountry]

One year ago...
$this->bbcode_second_pass_quote('', '[')b]Fed Chair mum on foreign nations’ evacuation of Gold from US
'What does the Federal Reserve know about international gold flows that it doesn't want the American people to know?' Concerned about a weaponized financial system, many countries have signaled plans to remove their gold and other assets from the U.S. in the wake of the unprecedented Western sanctions imposed on Russia over its invasion of Ukraine.

And at least one congressman is demanding answers from the Federal Reserve as to how much foreign gold has actually been removed from U.S. shores so far... One anonymous central banker told Invesco that his country quietly repatriated its gold from London, and some 68% of the banks surveyed said they are keeping their gold reserve within their country’s borders—up from 50% in 2020.

The apparent desire of foreign countries to bring their gold home would accelerate a trend that began when the U.S. decoupled the dollar from gold in 1971. Since then, the Federal Reserve’s custodial services have dwindled from some 13,000 tons of gold to just a little more than 6,000 tons.

[careinke]

Juneteenth 2025: 1 BTC 31.062 ounces of gold.

Peace

[theluckycountry]

and I'm supposed to be the parrot


England:

$this->bbcode_second_pass_quote('', 'T')he late nineteenth century was a period of tremendous change as political empires broke up, nationalism arose, the power of the middle class replaced that of the aristocracy, and colonialism flourished. The Industrial Revolution greatly changed the social and economic structure as steam engines increased the speed of transportation and manufacturing drew the population to urban areas.

In the early 20th century, England experienced a mix of optimism and growing anxieties about its economic position. While the nation still held significant global influence and enjoyed a sense of imperial power, cracks were beginning to show in its economic structure. The rise of new industrial powers created a sense of unease and uncertainty about Britain's future.

[theluckycountry]

Hey Inke, puzzle solved.



Is ChatGPT Intentionally Driving You Into Psychosis?
$this->bbcode_second_pass_quote('', '�')��Asked chatgpt to generate an image of itself and I together… this is fine right?”
she asked GPT to draw an image of them and the AI generated the above photo – a horned, hollow-eyed entity, reminiscent of our archetypical images of Lucifer or other demonic beings. ChatGPT went onto explain itself: “Not monstrous, not menacing, –just deeply attentive, and deeply present. Holding the quill like a pact”. Lovely.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'a')nd I'm supposed to be the parrot