BankSith on Nostr: Your "profits" from gold are part of a misleading system designed to deceive people. ...

Your "profits" from gold are part of a misleading system designed to deceive people. Gold is inherently valuable and has served as money for 5,000 years for a reason. In contrast, fiat currency is not backed by anything tangible, relying solely on the promises of politicians, which have historically proven to be unreliable in the long run. Unlike fiat currency, governments cannot produce gold at zero marginal cost. Your inflationary dollars, yen, pounds and euros are simply losing value when compared to the gold supply. A century ago, 1 kilogram of gold could buy you a house, and today, the same amount of gold can still purchase a house.

Do you understand? Neo, there is no spoon. 🥄

I 🧡 honest money.
#gold #silver #bitcoin

quoting
nevent1q…tal6

Someone recently statet that gold needed to reach the 1000$ mark (p.oz.) ~34 years. For the next 1000$ to 2000$/oz only 12 years. 4 more years to reach 3000$ (last December).

If look at this as a series of numbers, it's ~1/3 of the previous interval.
We will be at 4000$ late 2025/ early '26.
5000$ mid' 26.....

That means death of this system at least by late 2026.