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486
AD
2025 Jun 6, 4:15pm
AD
2025 Jun 6, 4:15pm
Patrick says
Just like historically a silver quarter is equivalent in price to a gallon of gasoline.
.
By analogy, I think it should be sic transit gloria dollari.
Gold doesn't go up, the dollar just goes down.
Just like historically a silver quarter is equivalent in price to a gallon of gasoline.
.
487
Misc
2025 Jun 6, 9:08pm
Patrick says
Generally. an average pullback in the price of gold from its high is about 40% in dollar terms.
The period of 1980-2000 was a real bummer to be investing in gold as it went down 75% over the course of a couple of decades.
Being right with the timing is everything.
By analogy, I think it should be sic transit gloria dollari.
Gold doesn't go up, the dollar just goes down.
Generally. an average pullback in the price of gold from its high is about 40% in dollar terms.
The period of 1980-2000 was a real bummer to be investing in gold as it went down 75% over the course of a couple of decades.
Being right with the timing is everything.
490
stereotomy
2025 Jun 20, 1:56pm
stereotomy
2025 Jun 20, 1:56pm
According to Financology.net, gold might test <$3000 in the next several months but end up >$5000 by the end of the decade.
FYI: Finster was a pillar of iTulip (RIP).
FYI: Finster was a pillar of iTulip (RIP).
491
MolotovCocktail
2025 Jun 30, 6:42pm
MolotovCocktail
2025 Jun 30, 6:42pm
I predict that:
1) Democrats/Media will gaslight that the GOP is going to denaturalize/deport the Jihadi Communist of NY (Mamdani).
2) They will do this IN HOPE that MAGA politicians like MJG will take the bait and push for this. And mebbe the Trump DoJ goes for it.
3) This is because they WANT the GOP to do just that while keeping their fake socialist hands 'clean'. Plus they can 'martyr' him to turn out the socialist base against Trump.
(The Establishment GOP did the same fucking thing more or less to the Tea Party by letting Obama's IRS go after them like British Pakistani gangs on a white girl, remember?)
Whether or not Trump/GOP DoJ is going to fall for this is or not is up for grabs, tho. I give 70/30 odds that they won't fall for it.
If the Team Trump is smart, it will make noises here and there that they are going to deport the Jihadi-Commie. 'Unnamed Sources at the DoJ' fake leaks and all that. Right around the time of the NY Mayoral election later this year. THIS will rally the Dem base for him and make life a living hell for Establishment Dems now and on and on.
Context: https://patrick.net/comment?comment_id=2186909
.
1) Democrats/Media will gaslight that the GOP is going to denaturalize/deport the Jihadi Communist of NY (Mamdani).
2) They will do this IN HOPE that MAGA politicians like MJG will take the bait and push for this. And mebbe the Trump DoJ goes for it.
3) This is because they WANT the GOP to do just that while keeping their fake socialist hands 'clean'. Plus they can 'martyr' him to turn out the socialist base against Trump.
(The Establishment GOP did the same fucking thing more or less to the Tea Party by letting Obama's IRS go after them like British Pakistani gangs on a white girl, remember?)
Whether or not Trump/GOP DoJ is going to fall for this is or not is up for grabs, tho. I give 70/30 odds that they won't fall for it.
If the Team Trump is smart, it will make noises here and there that they are going to deport the Jihadi-Commie. 'Unnamed Sources at the DoJ' fake leaks and all that. Right around the time of the NY Mayoral election later this year. THIS will rally the Dem base for him and make life a living hell for Establishment Dems now and on and on.
Context: https://patrick.net/comment?comment_id=2186909
.
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It goes without saying that everybody is welcome to add their favorite predictions.