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« Last post by tp4tissue on Fri, 02 October 2026, 13:54:16 »
Sigh..
Guys, GOLD, is extremely risky.
Gold fundamentally, outside of scientific/ industrial uses, is the same as fiat, it has a fully imaginary scarcity/ value.
They advertise this stuff on Youtube, precious metals sites, by saying things like OH LOOK, China's buying GOLD, they must know something, It's all gold from here !!!.
NO !!
China is buying gold neither because it's precious, nor because it's valuable.
CHINA is buying gold, as an inter-operability mechanism to Facilitate Transition OUT of the $Dollar system.
They are fundamentally Going their own way.
Gina is already the world's largest economy, it has the most advanced technology across 66/74 critical high tech sectors, AND it has the industrial capacity to actually SCALE the applications.
GOLD, is not valuable beyond its real use case, here it's merely a conduit into their new banking system.
In fact, it's more likely that the Western countries would disavow any of our own pegged gold price, than the future of "gold" going up.
REAL SCARCITY is OIL, Buhtttt, the way the economy is set up, there's a cap on ultimate price, because demand destruction sets in more quickly than you'd think.
For example, in reality, OIL performs $100,000$ worth of manual human labor, per barrel. $2,000,000 worth if you hire in China, $10,000,000 worth if you hire in India/Africa.
So, why are we selling it at $60 or $100, or $150 <current real average price>.
Because if the price goes up, the consumption economy wouldn't function, no one can afford the product.
Reality is however, there is still ALOT of room for oil to move, $600-1000 is perfectly reasonable, even if it collapses the middle class entirely.
<This> is not Tp4 recommending you guys try to trade barrels, the clearing house systems don't deal in physical goods most of them, they're more/less just casinos and hedge trades for large interests.