Trump economy is thriving GDP 5.4%

[Mac1958]

Gold = $5,088.24 per ounce
Silver = $111.70 per ounce
Copper = $8.99 per ounce

The dollar is losing value by the second.

If he kills the dollar we're fucked.

I hope we get one big ******* Thank You Card from China, at least.

 

[SaxonJackson]

If he kills the dollar we're fucked.

I hope we get one big ******* Thank You Card from China, at least.

Fortunately, I've been collecting gold and silver (mostly silver) for a long time. I'm just not sure how to use it should the dollar fail. I mean, will an ounce of silver buy a side of beef or a hamburger?

 

[Blaster]

The economy is humming along.

 

[Nostra]

Yeah, I guess they are just moving into outright bullshit on the numbers, then

Meanwhile, it the real world, we have massive inflation and layoffs.

2.7% is massive inflation?

How do you describe your Vegetable Messiah’s 9% inflation?

 

[Nostra]

Meanwhile...

Trumpsters, and the rest of us, had better ******* hope this doesn't happen.

You don't insult, mock, threaten and punish our former friends and turn them against us. You don't turn America into an unstable, unreliable ******* circus.

Goddamn idiot.

Preparing for a possibility, huh?

 

[Nostra]

If he kills the dollar we're fucked.

I hope we get one big ******* Thank You Card from China, at least.

Tater did that with his massive inflation, stupid.

 

[Muhammed]

Gold = $5,088.24 per ounce
Silver = $111.70 per ounce
Copper = $8.99 per ounce

The dollar is losing value by the second.

What do you think the dollar should be valued at, and why?

 

[SaxonJackson]

What do you think the dollar should be valued at, and why?

At one time, a dollar (which is a unit of measure) was valued at 1 troy ounce of silver. But I'm still not sure how much an ounce of silver would buy should the fake, paper "dollar" collapse.

 

[Mac1958]

Fortunately, I've been collecting gold and silver (mostly silver) for a long time. I'm just not sure how to use it should the dollar fail. I mean, will an ounce of silver buy a side of beef or a hamburger?

That's always been my issue with physical metals. Paying for a loaf of bread with a gold bar doesn't seem very, um, efficient.

I trade futures, but they're VERY leveraged and not for people who are new to that game. There are ETFs like GLD, SLV and COPX that do a good job of tracking those prices. You can also buy & sell options, but they're similar to futures in terms of leverage, and their pricing can get weird.

For most people, I'd recommend looking at the ETFs.

 

[Mac1958]

It's a classic K-Shaped Economy. The macro numbers are very good, and they're only benefitting the higher end of the economic scale (and in this case, also the AI buildout companies).

The rest of the country continues to struggle while they're being lied to about affording life.

 

[SaxonJackson]

That's always been my issue with physical metals. Paying for a loaf of bread with a gold bar doesn't seem very, um, efficient.

I trade futures, but they're VERY leveraged and not for people who are new to that game. There are ETFs like GLD, SLV and COPX that do a good job of tracking those prices. You can also buy & sell options, but they're similar to futures in terms of leverage, and their pricing can get weird.

For most people, I'd recommend looking at the ETFs.

When I buy metals, I will buy 1/10, 1/4, 1/2, and 1 ounce rounds so I have more control over the amount I may need to trade. Likewise with gold. I buy them in miniature bars so they're more tradeable. I also started buying "Goldbacks" a few years ago. There are businesses here in Utah that are willing to trade them for goods.

 

[Mac1958]

When I buy metals, I will buy 1/10, 1/4, 1/2, and 1 ounce rounds so I have more control over the amount I may need to trade. Likewise with gold. I buy them in miniature bars so they're more tradeable. I also started buying "Goldbacks" a few years ago. There are businesses here in Utah that are willing to trade them for goods.

Yeah, I can see that. I had heard about the "goldbacks". Good idea.

 

[JoeB131]

Your "real world" must be the dumb and the lazy. That would probably be a good name for a new soap opera, 'The Dumb and the Lazy'. At least if we had that, the dumb and the lazy would have something to watch on TV, while they're sitting on their asses, being dumb and lazy.

So, you have nothing to really add to the conversation, then

MEANWHILE, in the Real World- Job growth last year was less than 600,000 for the whole year. (Compared to over 2 million in 2024)

There are massive layoffs.

 

[gipper]

If he kills the dollar we're fucked.

I hope we get one big ******* Thank You Card from China, at least.

Looking on the bright side, ending the dollar as the world’s reserve currency likely ends the hegemonic empire too. No more foreign interventions causing massive death, destruction, and injustice. Leading to a much smaller less intrusive and unjust federal government.

 

[Hafar1014]

Looking on the bright side, ending the dollar as the world’s reserve currency likely ends the hegemonic empire too. No more foreign interventions causing massive death, destruction, and injustice. Leading to a much smaller less intrusive and unjust federal government.

When Biden wrecks the economy you make excuses. When the economy thrives under Trump its doom and gloom the end of America. What load of democrat BS.

 

[gipper]

When Biden wrecks the economy you make excuses. When the economy thrives under Trump its doom and gloom the end of America. What load of democrat BS.

Lol. As you well know, I’m not a uniparty dupe like you. Genocide Joe and Dumb Don are damn near identical twins. Yet you ignorantly support one while opposing the other. Think MFer!

 

[JoeB131]

When Biden wrecks the economy you make excuses. When the economy thrives under Trump its doom and gloom the end of America. What load of democrat BS.

Except the economy is shit right now.

UPS and Amazon both announced mass layoffs yesterday.

 

[Hafar1014]

Except the economy is shit right now.

UPS and Amazon both announced mass layoffs yesterday.

The economy is growing at 5.4%, wages are up, taxes cut, gas low, consumer spending up, manufacturing investment up, we have reliable energy now. Manducating is coming here from Europe in large numbers. Looks good to me

 

[JoeB131]

The economy is growing at 5.4%, wages are up, taxes cut, gas low, consumer spending up, manufacturing investment up, we have reliable energy now. Manducating is coming here from Europe in large numbers. Looks good to me

Okay, if you really believe that, have at it.

In the real world, companies are slashing staff like crazy to compensate for the extra costs imposed by Trump's tariffs.

Countries are dumping US Treasuries because they can no longer count on their value.

 

[Hafar1014]

Okay, if you really believe that, have at it.

In the real world, companies are slashing staff like crazy to compensate for the extra costs imposed by Trump's tariffs.

Countries are dumping US Treasuries because they can no longer count on their value.

We dont have an inflation problem or an unemployment problem. Did you complain during the Biden disaster or make excuses.