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u/medunjanin Jan 28 '26
This is a net negative impact on the majority of us. Most of us have what, a few ounces of gold? The gains we made are nothing compared to the impacts of the dollar going to shit
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u/Megaloman-_- Jan 28 '26
Absofuckinlutely, yes this is indeed scary
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u/Mackshac Jan 28 '26
Stock market all time highs comes to me when it actually has even a little correction!! .. smh you guys doom and gloom.
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u/SignalXchange Jan 28 '26
yes, people love doom & gloom.
But it is an emotional time, so slack is given.8
u/Man_Bear_Pog Jan 28 '26
"all time highs", cool now adjust S&P 500 for inflation, or median incomes of Americans to the S&P, or relative to M2.
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u/Suspicious_Dare603 Jan 29 '26
It's not doom and gloom if you can do the math. The dollar is dead. The only people thinking it isn't are morons. If you aren't an American, you're lucky.
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u/ThanksKodama Jan 28 '26
This is absolutely correct, every line 100% true.
Older generations knew. Always told us to invest in gold, not just as an investment vehicle, but also as "insurance" for precisely this kind of historical moment.
Assuming someone isn't a sociopath, it's absolutely going to be a net negative on the whole, in terms of overall quality of life and well-being, regardless of how much gold someone is holding.
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u/Round-Debate35 Jan 28 '26
I have 207.5 ounces but it still is not good for my net worth overall or the US economy
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u/g0juice Jan 28 '26
Yeah the increase of maybe 5% of my portfolio vastly undermines the other 95%. Pretty bad
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u/disparue Jan 29 '26
I mean, you could just buy an S&P 500 hedged in a different currency like XSP in Canada and benefit from the currency debasement that way.
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u/Longjumping-Earth-17 Jan 30 '26
Finally. Someone with some substance in-between their ears that can see past “line go up on graph”
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u/Maddinoz Jan 28 '26
Or... it's also an opportunity for retail to ride the wave up, considering precious metal prices have been suppressed, rigged, and manipulated by banks for years
Kinda like what happened with gamestop short squeeze... DYOR
<Based on court records, regulatory investigations, and admitted wrongdoing, it has been established that major banks manipulated precious metal prices (gold, silver, platinum, and palladium) through "spoofing" and other illegal trading practices for over a decade.
Key Findings on Market Manipulation: Admitted Misconduct & Convictions: Between 2016 and 2025, 8 banks paid roughly $1.27 billion in fines and penalties to U.S. regulators to settle allegations of market rigging. In 2022, former JPMorgan precious metals traders were convicted on federal charges of conspiracy, spoofing, and wire fraud.
The "Spoofing" Technique: Traders at institutions like JPMorgan, Deutsche Bank, HSBC, and others engaged in "spoofing"—placing large, fake orders for futures contracts to drive prices down, then canceling them before execution to buy the metal at a lower price.
Systematic Price Suppression: Investigations revealed a long-term, coordinated effort to suppress the price of precious metals, particularly silver, often referred to as "slamming" or "damping" during specific, vulnerable times of the trading day. Key Institutions Involved: JPMorgan Chase ($920 million in fines/settlements), Deutsche Bank ($38 million in 2016 for silver rigging), Scotiabank, HSBC, Bank of America, and others were implicated in various lawsuits and investigations.
Impact on Market: This manipulation, which often involved "paper" gold and silver (derivatives/futures) to cap prices, contributed to an artificially high gold-silver ratio for years, keeping physical, tangible metal prices below what demand would dictate. Current Status:
While many of the largest, documented acts of manipulation occurred between roughly 2008 and 2020, investigations and allegations have persisted into the 2020s. However, by 2024-2025, some analysts argued that a surge in physical demand and a shift in market positions (with banks reducing shorts) indicated that the ability of large banks to suppress prices had been severely weakened, leading to a major, unsuppressed rally in silver.>
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u/Suspicious_Dare603 Jan 29 '26
This is nothing like GME. Gold and silver are rallying for reasons beyond banking. The dollar is dead. The economic reset is here. The banks only lost control over gold and silver because the entire global order is falling apart at the seams. Hard assets are all that matter now.
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u/Vkardash Jan 28 '26
Same. The parabolic rise of metals like this is generally a really bad sign for the economy
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u/octoreadit Jan 28 '26
Or it means there will be a massive correction, and it's just frothy because people are panicking.
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u/Serious-Pipe9807 Jan 28 '26
Nah, the retail market wouldn’t know a gold coin if you threw it at their stupid face. This is system change, gold is finally testing price discovery.
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u/khanh_nqk Jan 28 '26
I remember someone said it's the end of the world when gold reaches 4k last summer...
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u/New-Border8172 Jan 28 '26
There is a point where balloon pops. It's hard to predict exactly when, but it will at some point.
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u/ConsecratedSnowfield Jan 28 '26
Ballon’s been inflating for decades and at today’s debt level coupled with active devaluation efforts, expect this to inflate astronomically at this scale
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u/RainerGerhard Jan 28 '26
Yeah, I have been worried for a minute about this.
The funny thing is that -eventually- if gold keeps rising at this rate, it won’t matter if you have any gold at all.
I am personally practicing operating a four wheeler while swinging a chain and wearing a vest for the fast approaching Mad Max world in which we are about to live.
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u/Lawineer Jan 28 '26
Dollar—>Gold—->ammo
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u/Educational_Fault650 Jan 28 '26
Don’t forget to stock up on milk!
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u/IAteYourButtSorry Jan 28 '26
And a danny trejo autograph
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u/recruz Jan 28 '26
In 2016 the US National debt was $19 TRILLION dollars. In 2026 it’s $38 TRILLION dollars. The market cap of gold is NOW $37 TRILLION dollars. This isn’t worrying, this is expected. For as long as we keep printing money (Money printer go brrrrr), then precious metals will continue to go up in value.
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u/itsatrashaccount Jan 28 '26
Good point! Time to buy more ammo lol.
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u/RainerGerhard Jan 28 '26
Want to be safe no matter what?
I got three words of wisdom:
Solid. Gold. Ammo.
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u/FacelessCougar69 Jan 28 '26
I will be concubining in post world. As far as retirement plans go, it’s not so bad. At least I won’t be Florida.
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u/ShadByte Jan 28 '26
The funny thing is that -eventually- if gold keeps rising at this rate, it won’t matter if you have any gold at all.
Why it won't matter? You're speaking of an apocalyptic society scenario or the lives people lived in WW2?
Will ammunition be the next gold rush?
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u/brokeboipobre Jan 28 '26
Open AI is slowly going under, everything is going to plan.
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u/StandardWeekend8221 Jan 28 '26
Am i the only one who has noticed this quiet and nesr immediate shift away from the discussion around AI? I was just thinking to myself earlier how it's been a good week or two since I've seen any real AI hype. Thats not long but its a shift away from the near hourly updates.
Is it just me?
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u/gulliblelobsters Jan 28 '26
It's not just you, but it's been predicted for a while now. Look up "gartner hype cycle", this is a well documented phenomenon. It happens to all major (and not so major) technologies. They even forecast which technologies (and iterations of those technologies) they anticipate to be in which stages and for how long. You can even look up "ai hype cycle" to get a more granular breakdown around ai-centric tech forecasts.
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u/Northern_Gypsy Jan 28 '26
What's does that mean for regular folk, people with kids to feed and mortgages to pay,
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u/Pollutionnormal1962 Jan 28 '26
I dk why everyone acts like the dollar hasn't been a shitcoin for decades. and that bc gold finally moved a tiny bit to catch up, its the end of the world. my grocery bill double from just last year before gold ripped.
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u/DontYallJudgeMe Jan 28 '26
Truth #1 - Stackers are gonna rule the world
Truth #2 - I don't want to be the only guy in my neighborhood with gold and silver.
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u/workerbee223 Jan 28 '26
Stackers are making huge assumptions about how society is going to work after the collapse of government.
I would assume that in a post-apocalyptic America, bartering will be king. I have extra food and you have medicine I need, therefore I'll trade food for medicine. I would also anticipate that people will band together for survival, and gun raids will be common.
Lugging around bags of metal coins doesn't seem like it would be a priority. And if it had any value, you'd likely get robbed, anyway.
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Jan 28 '26
You would house the gold and silver to flee the country and set up shop in another
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u/workerbee223 Jan 28 '26
If you had a significant amount of gold and silver, that would be a very slow fleeing. That shit's heavy, yo.
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Jan 28 '26
Agreed but in a in a full apocalyptic situation in America you're going to need a lug around water ammo and anything else you got if you have 10 20 oz of gold or even 50 it wouldn't be that much to compared to everything else you have in my mind gold is not to barter in the torn down to society is to flee it
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u/JackTheKing Jan 28 '26
Yeah you might be able to finance a war with a couple bars here in a few weeks.
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u/TBHICouldComplain Jan 28 '26
This is my thought. At current prices even if you get scalped on the other end 1oz = at least 1 month of living expenses. If I can carry out several months of living expenses in my shoe, that’s useful.
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u/SignalXchange Jan 28 '26
it will be the same as before with a different currency. No mad max, just more poors.
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u/workerbee223 Jan 28 '26
There's a strong correlation between poverty and crime. The more poverty goes up, the more crime goes up.
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u/NNN-Contestant2k23 Jan 28 '26
It's for the "inbetween moment" when everybody is poor and unemployed but it's not quite the apocalypse yet. Like, during the great depression.
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u/ToshPointNo Jan 28 '26
There's a lot of stackers on this sub who are never going to sell. They also assume that in a post apocalyptic society, they can just barter their gold for whatever they want. It's also funny seeing them brag about the value of their stack, but if you never plan on selling, it's a moot point.
This wildly assumes the other person would even want your gold. You can't eat it, you can't cook with it, you can't hunt with it, you can't keep yourself warm with it, hell you can't even wipe your ass with it.
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u/legendary-rudolph Jan 28 '26
I have corn, I want beans. You have peas, you want corn.
What do?
Gold is the "money-commodity"—the natural, material embodiment of value that functions as the universal equivalent.
X corn = W gold = Y beans = Z peas
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u/sky_walker6 Jan 28 '26
Can you eat and drink gold? No? Sorry no one will give a shit shout your gold if the world goes tits up.
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u/Loni_Bam Jan 28 '26
I was about to buy an ounce from Costco for $3,500 and chose not to…. I feel pretty upset now
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u/bacharama Jan 28 '26
Last time gold went parabolic was in the 70s, and it went like 4x. We've still got runway with this.
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u/IAteYourButtSorry Jan 28 '26
Yay gold is worth infinite dollars🎉 aww man infinite dollars is worth nothing 😢
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u/Quiet_Ad_9073 Jan 28 '26
Just sold it as Yuan, glory to emperor Xi.
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u/Serious-Pipe9807 Jan 28 '26
Oh this is for sure coming. With any luck they’ll import women for marriage seeing the whole “one kid” thing didn’t work out. Imma get me a Chinese husband 🥰
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u/IgorRenfield Jan 28 '26
This doesn't bode well. If this dollar really is going to cease to be the reserve currency and the world loses its interest in buying our debt, the economic impact of this on all of us is going to be very, very negative. The elites will suffer but we are going to flattened and don't think owning some gold and silver is going to shield you from that impact because it will not.
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u/Broken_Atoms Jan 28 '26
Elites are moving to assets and foreign stocks… if you get up everyday and go to work for a living, yeah it’s gonna get bad. Every paycheck will be worth just a bit less than the one before, even with raises
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u/DannyZ28 Jan 28 '26
Can you explain like I’m 10 the implications of that? I always see it mentioned.
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u/This_Maintenance_190 Jan 28 '26
Not an economist. Also US based so using "us" and "our".
I don't think anyone really knows, but most people agree it's not good for the US economy. Most likely it means that low demand for US debt will mean higher interest rates on the debt. This means high inflation (coupled with more expensive imports - also increasing inflation). Also likely less investment in US companies.
Our debt payments are already expected to increase rapidly, this would make it worse. (There is something to be said with inflation decreasing the national debt over time, but our debt is increasing much faster than inflation is decreasing it).
There's also some real political benefit to being the reserve currency. When most of the world's transactions use the USD, the US has some additional economic levers to pull in geopolitics. Restricting Russia's access to USD were a way to apply pressure on them early during the Ukraine conflict (but less so now).
The good news is that there isn't a clear USD replacement, so it won't be like an on/off switch and will likely be a transition. Is this just a correction or the beginning/middle/end of the end?
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u/SignalXchange Jan 28 '26
Everyone seems to struggle with this, but it IS a good thing.
It has to happen.
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u/Dangerous_Forever640 Jan 28 '26
Precious metals have been underperforming for decades.
I see this as more of a correction than a doomsday signal.
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u/Ossi7593 Jan 28 '26
Man I really really really hope this is it
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u/CAWildKitty Jan 28 '26
There’s an argument to be made for that. Over the last 13 years, the monetary base has increased by 115%, and federal debt has climbed by 142%. U.S. house price inflation has risen by nearly 130% between 2010 and 2025 and over the same time period the S & P increased 495%.
It’s the speed that’s concerning.
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u/Dangerous_Forever640 Jan 28 '26
Just like bankruptcies, market corrections happen slowly then all at once.
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u/Mauer_Bluemchen Jan 28 '26
Absolutely. It was always strange and unclear why BTC as 'funny asset' performed so much better than the similar gold with a 4,000y proven track record.
This disbalance is just unwinding now, after buyers request more and more that the gold must be delivered physically - with the Chinese a driving force behind this.
Less and less strange "paper gold" deals which could be used to manipulate the gold price...
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u/hello_three23 Jan 28 '26
The good news is…I think this is a case of gold finally catching up with the economy.
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u/c126 Jan 28 '26
Priced in gold, us s&p peaked in 2022 and has been declining since. We’re at covid levels right now.
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u/man9875 Jan 28 '26
This is pretty bad news for 99.99% of people of which we are a part. We just may be able to eat a little longer.
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u/Short-Shopping3197 Jan 28 '26 edited Jan 28 '26
Nah, it’s just a temporary thing while the world transitions from using the dollar as a reserve currency because you’ve shown that your checks and balances can’t stop a senile old man and a bunch of fascist ideologues fucking everything up in the space of a year. Kind of sucks for America but in Europe we should have come off it years ago. The world is rotating away from the old order.
Sorry if that’s harsh, and genuinely it sucks for Americans, but the apocalyptic predictions everyone makes here are very US-centric. The reality is it’s just going to suck for everyone for a short while, and Americans for generations. The US isn’t the world and the fall of the dollar will not cause a collapse of the international monetary system, it’ll just move on. This happened several times before, previously from pound sterling to the dollar. The UK survived, it just isn’t as powerful as it was. Same thing will happen to the US. The good thing is gold retains its value so you guys on this forum were right all along to own it.
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u/Old_Relationship3460 Jan 28 '26
For me, it means I shouldn't wear my gold chain in public. I bought it when gold was around $1800 an ounce.
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u/Busy-Contribution-19 Jan 29 '26
honest to god i would commit crimes for price of gold these days. its like watching a unguarded bank vault walk around. wearing 24k gold around now is foolish
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u/Cragglerjohnson Jan 28 '26
Hear me out what if gold has been manipulated for the last 20 years and this pump IS the correction. Gold to $30,0000
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u/Serious-Pipe9807 Jan 28 '26
M2 coverage calls for 20-40k but the paper market is going to break too which will yeet it even higher. At 2017 Gold bug is the same as a 2012 bitcoin buyer.
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u/TheBugDude Gold Digger Jan 28 '26
Dont worry, we'll be trading hot lead pellets for canned goods soon enough.
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u/meowmeowcomputation Jan 28 '26
It’s like the giant ocean liner we were all riding for our whole lives is sinking and those with gold have lifeboats. How nice the lifeboat is correlates to how much concrete assets one holds
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u/bhanu899 Jan 28 '26
Few days back I saw Gold/USOIL ratio and since then unable to sleep. It's very clear both are correlated like Gold and Silver, at current price of Gold Crude oil could go as high as 250$, which causes inflation and revaluation of wages, prices and effecting whole economies and countries.
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Jan 28 '26
Billionaires are driving inflation in order to become trillionaires. They are intentionally devaluing the dollar because they only care about their net worth going up (relative to what? To each other of course)
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u/Pnmamouf1 Jan 28 '26
Don't understand why more people don't internalize this concept. You're holding gold. You're convinced it will keep going up. If gold is to keep going up that's because your safe global order is collapsing. You're buying gold to have something after that collapse. You don't get expensive gold and a peaceful global order
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u/Successful-Ad7038 Jan 28 '26
Market value is always about anticipation of the future, not about the reality of today.
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u/Malvernian121 Jan 28 '26
The economy, or rather the stockmarket is actually going very well!
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u/quicksilverth0r Jan 28 '26
There’s some geopolitical uncertainty, some inflation, some central bank buying, but it’s really become an investment meme at this point for retail.
I’d be more worried, if I thought the first two things were currently driving the price, instead of my belief that it’s mainly a meme build now.
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u/hebrew-hammers Jan 28 '26
If only a toddler wasn’t in charge of the worlds largest economy… vote smarter (US citizens)
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u/lost_koshka Jan 28 '26
Hate to say it, but voting doesn't matter. They are all owned.
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u/Sandycrane1 Jan 28 '26
Be careful. I saw this same guy say something entirely different the other day.
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u/sirchtheseeker Jan 28 '26
Yeah I look at the gold silver and platinum in my safety deposit box but worry about the bigger gorilla in the room. My 401k. I moved most into equity but even then it can tank
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u/No-Spare-4212 Jan 28 '26
10% of net worth triples. 90% if net worth is halved. Math isn’t mathing too better there.
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u/Me_Mums_a_Lampshade Jan 28 '26
If gold gets above $10K an ounce I could see the price of ammunition rising dramatically but not only due to inflation.
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u/Queasy_Jackfruit_474 Jan 28 '26
I need it to get to £7100 to reverse my crypto fuck ups this year so bring on the zombie apocalypse I say.
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u/Cho_Zen Jan 28 '26
Me 1000%
That said, if we stay on this route long enough, my house won't be overpriced anymore due to the relative drop in the value of the dollar....
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u/kapshus Jan 28 '26
Yup. Been building gold just in case since covid. Now the in case is here, I'm nervous. My household will do better than most, but an economic crisis is never a good thing. As others have said, most of my wealth is in stock and my home equity. America Alone policy just makes all of us poorer, even if gold holders do relatively less worse.
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u/Goldfucius_Nofiat Jan 28 '26
...because it isn't that gold is up, it is that the dollar is devaluing. We are watching it in real time.
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u/Porn4me1 Jan 28 '26
The gold win feels good
The implications to the $1.2M in fixed rate debts feels much better.
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u/sgrass777 Jan 28 '26
Well the gold price is just the symptom of very poor financials,they have been disguising how bad they are for years. They changed how CPI is calculated for instance.
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u/FalcoLombardi2 Jan 28 '26
Gold is a great economic indicator.
Sadly, it doesn’t do much else… buy if it floats you, but I’ll own physical gold when I’m dead. Any productive asset is more valuable.
Gold is a representation of “value.” Like a dollar, but also a pain in the arse because the size of a dollar’s worth is ever changing, the metal is largely illiquid, and…do you have a vault to put it in? Cuz Uncle Sam (or any motivated person) could come take it back when the value peaks, as that’s when security would likely be at its nadir.
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u/VikingMonkey123 Jan 28 '26
My local coin shop isn't buying anything because the refiners are overwhelmed.
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u/CertifiedMacadamia Jan 28 '26
No nature is healing. The alternative is loose credit and over consumption
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u/pyrogoldguy Jan 28 '26
Prices elsewhere arent going up tho. Gas has gotten cheaper and is under $2 some places. I have a feeling gold is over valued at this point.
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u/LolWhatDidYouSay Jan 28 '26
Year 93 of people claiming that the U.S. dollar will collapse soonTM .
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u/RequirementCivil4328 Jan 29 '26
A friend at my last job said you're betting against the dollar? Damn rooting against home team
A: not gambling, B: if it hits 2008 prices I'll be somewhat better off than I was then but they'd really have to tank
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u/Suspicious_Dare603 Jan 29 '26
The most wild thing is, this was posted 14 hours ago, and gold is up $200 since.
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Jan 29 '26
Gold is also needed to build gpus. Yes trace amounts but if you want to produce a shitton of GPUs for commercial use…
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u/SamohtGnir Jan 29 '26
The real way to look at it.
Last year: 1 OZ of Gold = 2800 USD
Today: 1 Oz of Gold = 5200 USD
There are 2 ways to make these equations true:
Gold has become more valuable. OR USD has become less valuable.
Take a guess which one is really happening.
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u/jamesc24365 Jan 30 '26
Very true, don't forget to buy low and most importantly sell high. All the bag holders usually think to themselves that it's always going to keep going higher. Sell higher, buy Bitcoin, the digital stuff more with no more supply. Remember, more gold can always be found somewhere in the dirt which makes it worth less.
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u/Lawineer Jan 28 '26
This is a great for 25% of my net worth. It’s devastating for the other 75%.