swissie

Sorry, What are CBDC's? If it's shares of "houses of ill repute" I will sell my Gold and invest in CBDC's.

A very respected profession. Like "voodoo-priests" in Africa.

I am starting to feel a bit uneasy. More and more "financial advisors" pushing Gold as a uncontested "store of value", a "safe harbor". The "can't lose" syndrome making the rounds. Those financial advisors forgetting to mention, that Gold has gone thru "bear markets". The last one lasting from July 2011 to December 2015. From $ 1830 down to $ 1060. Not sure if Gold holders considered Gold as a store of value during this time. Let's face it, Gold is a metal (a commodity if you will) it's value measured in US$ daily. Supply and demand, just like in any other commodity. I find it disturbing that increasingly financial advisors are recommending Gold to small investors as a "can't lose" investment.

10 year US bonds hitting 5%. Getting more epensive to service the national dept. So what, many say. What "the financial community" has preferred to overlook is: To service the dept (interest on outstanding dept) is number 3 as part of the annual US budget deficit. Let this melt on your tongue = the 3rd largest outlay of the federal budget deficit consists of paying interest on outstanding dept !!! Amazingly, never making it into the "Financial News".

Not a bad idea to be some sort of "prepper". Like you, folks living in rural/farming aereas can better "prepare" than city folks. Also: If things really turn bad, it is better to show up at the (remaining) food markets with some Silver coins, instead of a 1 kg Gold bar. But not to forget, if things really turn bad, city dwellers will rush to the countryside, just looking for food. Plundering the food resources of the farmers. There are the extreme Preppers: Storing essential stuff in a bunker, so they can last for 2 years or more. Only problem: The location of their bunkers are known. So it won't be long before some hungry folks will manage to blow a hole in the bunkers outer wall. The rest of the story will be nasty.... I personnally hope, that "the rulers of the world" manage to postpone such events during my lifetime. I would hate to go to the market with 2 Silver coins in my pocket to buy 2 potatoes.

Before, something like that was only possible in some Banana Republic. Congress & Senate caving in in the face of the new "Imperator". The age of "checks and balances" has come to an end. Republicans under the spell of their master in the oval office. Afraid of opposing some executive orders, as strange as they may be. Fearing for their political career, if they show the slightest singn of dissaproval. Under these circumstances, American democracy must implode. Hopefully, the day will come when the current "make America great again" will be replaced by "make America sane again".

No. Every Europen Bank is connected to the worldwide "SWIFT" transfer code. Making monetary transfers visible in case something went wrong. Is that news for you?

Leaving politics aside and what policies Donald applies for a change. For the first time in their history "the little people of America" have a guy in office that talks like them, acts like them and thinks like them. Furthermore they admire him for his wealth, considering the fact that he had to start out with only with a measaly 200 Million $ from his dad to realise his American Dream. (How much of his wealth consists of bank loans is not of interest to his worshippers). Except for Elon Musk, few intellectuals and few helmsmen of large US companies see any long therm benefits resulting from Donalds economical "visions". Worldwide, news commentators have been asking the Oracle of Delphy "why was Donald voted into office once more"? The Oracle of Delphy replied: No one before talked, acted like us "little people before". "HE IS OUR GUY", at last. Not to forget, that before Donald, since the birth of the US, presidents originated mostly from a east coast elitarian "pseudo aristocracy" or people with massive financial backing. But not one of them talked and acted like Donald. That's Donald's "magic potion" that has mesmerised half of the voters. For the first time, the "little people" of the US feel truly "represented". I sincerely hope that Donald's Magic will help the little people of the US that they will not need to work 2 to 3 jobs by persueing the American Dream.

This thread sails under "Problem Nr 1 here, payment problems". No other problems here are more present in this sub-forum. I rest my case.

In the case of Silver, I would like to add that for the 3rd year in a row Silver demand has outpaced Silver production. Of course, something like that doesn't make the headlines. But this is exactly the constellation for another typical Silver outburst on the upside. This time not needing any "market cornering" as before, just the fundamentals sinking in. According to the current pricing of Silver, those fundamentals have not yet "sunk-in".

According to big mining companies (Glencore for example) most Silver content is connected to copper mining as far as quantity is concerned. Surely other mining procedures yield a certain amount of Silver. But as far as quantity is concerned, copper is the main supplier of Silver.

Good on you. Same as you, Warren Buffet is also sitting on a lot of cash. IMO the time when everyone is crying "fire" rushing for the fire exit is not too far off.

Like this post. It shows how those metals have fared in form of potential "home currencies". Precious metals are priced in US Dollars. So every time one buys those metals, one must be aware that he has automatically turned into a currency speculator as well. (home currency versus the US $).

Silver is mostly a by-product of copper mining.

Quite correct. Silver goes in "spurts" on the upside as well as on the downside. When it starts to move, it moves dramatically. Investors waiting for a "little setback" to buy may wait for the little setback in vain because the little setback never comes. To me: Eighter one is involved in Silver or NOT. Like I said before: ""All-in" on Silver right now? Why not. But one must be aware that one is riding on the back of a Tiger.

Leaving politics aside and what policies Donald applies for a change. For the first time in their history "the little people of America" have a guy in office that talks like them, acts like them and thinks like them. Furthermore they admire him for his wealth, considering the fact that he had to start out with only with a measaly 200 Million $ from his dad to realise his American Dream. (How much of his wealth consists of bank loans is not of interest to his worshippers). Except for Elon Muskrat, few intellectuals and few helmsmen of large US companies see any long therm benefits resulting from Donalds economical "visions". Worldwide, news commentators have been asking the Oracle of Delphy "why was Donald voted into office once more"? The Oracle of Delphy replied: No one before talked, acted like us "little people before". "HE IS OUR GUY", at last. Not to forget, that before Donald, since the birth of the US, presidents originated mostly from a east coast elitarian "pseudo aristocracy" or people with massive financial backing. But not one of them talked and acted like Donald. That's Donald's "magic potion" that has mesmerised half of the voters. For the first time, the "little people" of the US feel truly "represented". I sincerely hope that Donald's Magic will help the little people of the US that they will not need to work 2 to 3 jobs by persueing the American Dream.

Only buy Cryptos if you are sure someone will buy a series of numerical combinations from you at a higher price.

"Minimal changes"?????

G/S = Gold Silver Ratio. OR: How much 1 oz of Gold will buy how many oz of Silver. Fluctuates widely. For example: Recent low on Jul 6 2024 was 72. Recent high on Apr 25 2025 was 108. Today it's at 99.

Gold and Silver have corrected "nicely". Recent lows must hold, otherwise one can not qualify the recent downturn as a thechnical correction anymore, rather a change of trend. Easily taking both metals down another 10% or more. Silver is special. A store of value as well as an Industrial Metal. Inevitably, one must also keep an eye on what other Industrial Metals are doing. That does not make future price predictions any easier. Silver peaks of the past have always been in connection with "market manipulation" in one form or the other. (Cornering the market). "All-in" on Silver right now? Why not. But one must be aware that one is riding on the back of a Tiger.

And the caps probably made in China.

When it comes to problems "below the belt", male prostate problems mostly arise. Among so many other things, that can affect the performance an well being of a mortal male. I would like to direct certain "Female Bodily Activities" below the belt. For example: Ladyfriend of mine (64 years old) drinks a cup of Coffee or Tea, after 15 minutes she needs to "pee". (urinating). Why? Otherwise she is in perfectly good health. I am confident, that male contributors practise a certain amount of restraint, awaiting "Sheryls" comment, as this is a "female-matter" only.

It will self-correct. Too many rabbits, not enough food. Not enough food, less rabbits. AI and the Silicone Valley Wizards will no change this fundamental constellation.

It does not take any Clairvoyancy to relise that "the west" is in a "peak" situation. Arriving at a historical Pivot Point. "The West" has done quite well over the centuries. Giving the rest of the world things like the Renaissance, the Industrial Revolution, scientific advancement, while the rest of the world was in hybernation for centuries. "The West" needs not to be ashamed of it. But now, the West is mentally exhausted. The social fabric dissolving. The rich are getting richer, the poor are getting poorer. Who will replace "the West" as a driving force into the worlds future? Most likely China, India S/E Asia. Certainly not Africa. - In so many post before, I have claimed that todays "pensionners", regardless if they live in their home country or Thailand, are the last ones that reap the benefits of "the Golden Generation", as there will be no financial resources left, to finance an other old age "golden generation". Let's be thankful. Those happy circumstances will not apply for the next generation.

I would like to refer to my opening post. Noticing, that most threads here are in connection with some sort of "payment problems". No more no less. The very fact that this seems to be the main subject here should be reason enough to be very careful when it comes to entrust money transfers to a "organisation" that has not been in business 3 months ago, but offering unrelistic low cost money transfers. That's all.