Is Gold going to $4,000 ?

[pepperj]

Mentor these younger people, pass along what truly matters! Yeah them skills, true life skills and happiness! Help in the garden, working on equipment, digging up history!

We don't have children, and the one's that we know their parents are doing it well.
As for our own small piece of dirt, we'll leave it a better place.

It's not my wish to run around with the inspiration to save the children, or younger people in the world.
I actually have a bit of an uncomfortable feeling even thinking of having to do what you suggested.
That's just me, what ever your quest my be, thats fine also.

The thing is, I never bash the folks that made my life easier. I have reaped the rewards of the innovations that they started, or improved what was provided to them.

My own father quit at the age of 62 yrs old. He said that 50 yrs of hard labor was good enough for any man, so he was fine with his retirement.
He went to the logging camps at the age of 12. That would be in 1931, the beginning of the Great Depression.
I asked him what it was like?
He looked afar, then after a pause, he said it wasn't a good place for a 12 year old kid.

That was some 45 yrs ago, and I had been earning my own since 16 yrs of age. I thought I was actually pretty lucky that I didn't have to endure what he had to do.

I have had many conversations with younger generation. Some get it, some are as dumb as a tack.
There's a generation of "Maybe" it would be great that what is mine is their's type of belief.
Because they don't have anything, nor the fortitude to gather enough grit to make it, so they could actually have their own.
That's a scary thing to have these types that are actually serious about the sharing of wealth, because they don't have.

I only have the very simple knowledge base from the school of hard knocks. If I can make it, so can everyone else if they applied themselves.

 

[beepbleep]

I'm still buying some small fractional gold. The premiums have almost disappeared at some places so more appealing. I still think we are in for a big correction, but not yet in sight. I've mostly shifted over to slabbed silver for now. Those are barely over spot now. I don't think the correction will affect silver as much.

 

[pepperj]

 

[sktrsmw]

.37 CENTS away from 4,000. I feel like I am dreaming this.

 

[FreeBirdTim]

Wondering what will happen once they end the government shutdown? Could be a nasty crash for gold, silver and bitcoin. We'll see how it goes...

 

[Crow]

Wondering what will happen once they end the government shutdown? Could be a nasty crash for gold, silver and bitcoin. We'll see how it goes...

Personally I do not think the Government shutdown will much impact the price of gold as much as people think. There are other global geopolitical forces at play.

There global demands for gold. there are dangerous time Europe as tilting into growing threat of war with Russia Ukraine war. Russia is progressively going bankrupt. Its only staying afloat with China and India buying cheap oil. People can see it. The UK is politically correct basket case on verge of civil war or at the very least civil unrest. Its economy is crap.. turmoil in Israel and Palestine. And host of countries on the brink of economic collapse. Contrary how the CCP in China portrays themselves as sunshine and butter cups. The fact of the matter China is in big economic trouble. They have had a massive property crash and lost millions of jobs. To justify the CCP existence they have to invade Taiwan to keep the myth alive of the narrative they have created. China is buying up gold and India as well as country's around the world building up their gold reserves as there is a real fear that we will be facing a world war in 2027. That is there a mad scramble to rearm and militarize all over the world. All the alarms bells are ringing baby!

Investors are hedging their bets against rising property prices stock market shocks, AI boom that might turn into a dot com bubble. political tensions all over the globe and economic uncertainty.

here is in graphic of debt levels that show HOUSEHOLD debt, corporate debt and government debt by six parameter of the last 20 odd years.

If you study graphics you can see. notable features

Japans government debt is massive. France and china corporate debt is massive. Australia and Canada's household debt is very high. current world debt is 97 trillion. nearly one third is the united states. Some countries spends more to service their debt than their actual Gross Domestic Product. All of above is one small part in the driving factor of gold prices.

Gold has always been seen as a economic lifeboat.

Crow

 

[pepperj]

 

[FreeBirdTim]

Personally I do not think the Government shutdown will much impact the price of gold as much as people think.

Gold is up $129 in the six days since the shutdown. It is definitely a factor in play. Watch out for the FOMO panic buying.

 

[Crow]

If the Shutdown is weakening the US dollar? Is the USA dollar is weakening?

Gold buyers include central banks, institutional investors through Gold ETFs, and individual investors buying bars and coins, driven by economic instability, geopolitical risks, a desire to diversify away from the US dollar, and the search for a store of value during uncertain times. Central banks, particularly from BRICS nations, have recently increased gold holdings, while individual investors and institutions are buying gold as a hedge and a tangible assets. Central banks are reducing their holdings of US dollars and increasing their gold reserves to reduce reliance on the dollar and hedge against potential instability.

Countries like China, India, Poland, and Turkey have been major purchasers of gold. Institutional investors are buying gold to diversify their portfolios and provide stability during periods of high inflation and market volatility. This often occurs through Gold Exchange Traded Funds (ETFs) or by purchasing physical bars. Individuals are buying gold as a hedge against economic uncertainty, geopolitical turbulence, and a weakening US dollar.

Crow

 

[pepperj]

If the Shutdown is weakening the US dollar? Is the USA dollar is weakening?

Gold buyers include central banks, institutional investors through Gold ETFs, and individual investors buying bars and coins, driven by economic instability, geopolitical risks, a desire to diversify away from the US dollar, and the search for a store of value during uncertain times. Central banks, particularly from BRICS nations, have recently increased gold holdings, while individual investors and institutions are buying gold as a hedge and a tangible assets. Central banks are reducing their holdings of US dollars and increasing their gold reserves to reduce reliance on the dollar and hedge against potential instability.

Countries like China, India, Poland, and Turkey have been major purchasers of gold. Institutional investors are buying gold to diversify their portfolios and provide stability during periods of high inflation and market volatility. This often occurs through Gold Exchange Traded Funds (ETFs) or by purchasing physical bars. Individuals are buying gold as a hedge against economic uncertainty, geopolitical turbulence, and a weakening US dollar.

Crow

The dollar is holding up against the Canadian.

 

[FreeBirdTim]

We'll have to see what happens, but I would not be a buyer of gold, silver or bitcoin right now. Wait until they end the shutdown and let the dust settle before buying anything.

 

[FreeBirdTim]

Gold buyers include central banks, institutional investors through Gold ETFs, and individual investors buying bars and coins, driven by economic instability, geopolitical risks, a desire to diversify away from the US dollar, and the search for a store of value during uncertain times. Central banks, particularly from BRICS nations, have recently increased gold holdings, while individual investors and institutions are buying gold as a hedge and a tangible assets. Central banks are reducing their holdings of US dollars and increasing their gold reserves to reduce reliance on the dollar and hedge against potential instability.

Countries like China, India, Poland, and Turkey have been major purchasers of gold. Institutional investors are buying gold to diversify their portfolios and provide stability during periods of high inflation and market volatility. This often occurs through Gold Exchange Traded Funds (ETFs) or by purchasing physical bars. Individuals are buying gold as a hedge against economic uncertainty, geopolitical turbulence, and a weakening US dollar.

This has been going on for years. All that doesn't justify the current price of these commodities.

 

[Crow]

Well if we look at The 35-day shutdown of the United States federal government from December 22, 2018, until January 25, 2019, was the longest such shutdown in U.S. history and the second and final federal government shutdown involving furloughs during the first presidency of Donald Trump. It occurred when the 115th Congress and Trump could not agree on an appropriations bill to fund the operations of the federal government for the 2019 fiscal year,

In December 2018, the gold price fluctuated, with a monthly closing price of approximately $1,281.65 per ounce on December 1st, and it ended the month around $1,278.30 per ounce on December 31st. The price saw an increase in the middle of the month, reaching highs of over $1,280 and closing the year near its monthly average,

In January 2019, the closing price of gold started around $1,281,00 per ounce and rose to $1,319.70 by the end of the month, marking an overall increase throughout the month For example, the price on January 2nd was $1,281.00, and by January 31st, it had increased to $1,319.70 went up by about 40 dollars.

The longest government shut down in US history had hardy any impact on gold prices

The monthly closing price for gold in September 2014 was approximately $1,210.00 per ounce
In October 2015, the gold price opened around $1,115.14 and closed around $1,142.38 per ounce
In October 2016, the price of gold opened around $1,318.24 and closed around $1,277.38,
In October 2017, the monthly closing price for gold was approximately $1,270.50 per ounce.
in October 2018 was approximately $1,217.70 per ounce.
In October 2019 fluctuated, opening the month around $1,506.40 per ounce.
In October 2020, the price of gold fluctuated, starting the month at approximately $1906.57 USD per ounce.
In October 2021, the price of gold fluctuated, starting the month around $1,760 per ounce.
In October 2022, the price of gold fluctuated but generally ranged between $1,643 and $1,667 per ounce,
In October 2023, gold prices fluctuated but closed the month near a high, with spot gold around $1,985/oz
In October 2024, the gold price opened around USD 2,635 per ounce and closed the month near USD 2,740 per ounce.

The fact remains gold has been on a yearly upward trend at least since 2015 as you can see above long before the longest Government shut down in history. And the upward gold trend was not caused by government shutdowns.

The price of gold in November 2024 fluctuated, with prices in mid-November reaching around $2650 per ounce and ending the month slightly lower, near $2640-$2650

The gold price on December 31, 2024, was approximately $2,606.72 per ounce. The monthly closing price for December 2024 was also reported as $2,624.60,

The gold prices In January 2025, the price of gold saw significant increases, starting around $2,623.96 on January 1st and reaching over $2,770.80 by January 26th

The gold prices In February 2025, the gold price reached an all-time high, with the World Gold Council reporting a record of US$2,936.85/oz on February 19th, driven by market volatility and investor demand for safe-haven assets amidst geopolitical uncertainty and potential tariffs.

The gold prices In late March 2025, the price of gold was hovering around $3,000 to $3,100 per ounce, reaching record highs, driven by investors seeking the safe-haven asset amidst Middle East tensions and U.S. tariff uncertainties.

The gold prices in April 2025, the gold price reached a high of approximately $3,500 per ounce in mid-April, driven by U.S.-China trade tensions and heightened geopolitical risks,

The gold price in May 2025 fluctuated, with prices on sites like Gold Price.org and Fortune showing a range of daily prices, such as approximately $3,338 per ounce on June 10, 2025, and $3,303 per ounce on May 27, 2025

The gold price In April 2025, gold prices reached highs of over $3,300 per ounce, with specific dates showing prices like $3,348.31 on April 25th and $3,338.12 on April 29th, driven by increased demand from investors and central banks, despite short-term volatility caused by market events
.
The gold price in May 2025 saw significant volatility, with daily fluctuations reaching approximately $3,300 to over $3,600 per ounce, influenced by factors such as US tariffs, geopolitical tensions, and market trader nervousness
. For example, gold was trading at around $3,303 per ounce on May 27, 2025

The gold price June 2025, varied with specific closing prices including approximately $3,316 per ounce on June 9, $3,339.44 on June 26, and $3,264.03

The gold price in July 2025 saw significant volatility, closing at $3,309 per ounce on July 31, 2025 and hitting a record high around $3,338 in mid-June, reflecting increased investor demand driven by market uncertainty and geopolitical events

The gold price in August 2025 were influenced by a softer-than-expected US jobs report, which raised expectations for Federal Reserve interest rate cuts, and also saw resistance levels tested due to trade policy developments and inflation data that further solidified rate cut expectations, ultimately pushing prices higher in the latter half of the month By the end of August 2025, gold was trading close to USD 3,450, representing a roughly 4% gain for the month.

The Gold price in September 2025, as of the end of the month, were around US$3,840 per ounce and AUD$5,850 per ounce, hitting record highs throughout the quarter due to sustained economic uncertainty and inflation. The prices rose significantly from the start of the quarter and the year, with experts suggesting gold's stability makes it a good investment for diversifying portfolios.

At present The price of gold Gold fell to 3,949.99 USD/t.oz on October 7, 2025, down 0.32% from the previous day. Over the past month, Gold's price has risen 8.64%, and is up 50.65% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

On October 1, 2025, the federal government of the United States began a shutdown at 12:01 a.m. EDT as a result of congressional failure to pass appropriations legislation for the 2026 fiscal year, which began that day. The shutdown resulted from partisan disagreements over federal spending levels, foreign aid rescission, and health insurance subsidies.While this is ongoing it is interesting to note that

Into its 7th day the Shut down as show little influence in the gold prices.

What is driving gold prices over the last year? Tariffs, inflation, jobs data, and global conflicts have been steadily pushing up gold prices as more countries fearing global conflict are increasing their gold reserves crating a demand. As you can see gold prices have been growing long before any government shutdown. But there is very little evidence Government shut downs are major factor in driving up gold prices. 2018-19 record shut down gold followed its upward trend before and after regardless.

So claim the government shutdown is the principle driver of gold going is up is in correct. Gold has been climbing long before any shut downs as you can see the facts above.. And even 1018-2019 had very little impact of gold prices. The drivers of gold prices are key economic performance indicators. employment inflation and geopolitical tensions.

Crow

 

[pepperj]

Well if we look at The 35-day shutdown of the United States federal government from December 22, 2018, until January 25, 2019, was the longest such shutdown in U.S. history and the second and final federal government shutdown involving furloughs during the first presidency of Donald Trump. It occurred when the 115th Congress and Trump could not agree on an appropriations bill to fund the operations of the federal government for the 2019 fiscal year,

In December 2018, the gold price fluctuated, with a monthly closing price of approximately $1,281.65 per ounce on December 1st, and it ended the month around $1,278.30 per ounce on December 31st. The price saw an increase in the middle of the month, reaching highs of over $1,280 and closing the year near its monthly average,

In January 2019, the closing price of gold started around $1,281,00 per ounce and rose to $1,319.70 by the end of the month, marking an overall increase throughout the month For example, the price on January 2nd was $1,281.00, and by January 31st, it had increased to $1,319.70 went up by about 40 dollars.

The longest government shut down in US history had hardy any impact on gold prices

The monthly closing price for gold in September 2014 was approximately $1,210.00 per ounce
In October 2015, the gold price opened around $1,115.14 and closed around $1,142.38 per ounce
In October 2016, the price of gold opened around $1,318.24 and closed around $1,277.38,
In October 2017, the monthly closing price for gold was approximately $1,270.50 per ounce.
in October 2018 was approximately $1,217.70 per ounce.
In October 2019 fluctuated, opening the month around $1,506.40 per ounce.
In October 2020, the price of gold fluctuated, starting the month at approximately $1906.57 USD per ounce.
In October 2021, the price of gold fluctuated, starting the month around $1,760 per ounce.
In October 2022, the price of gold fluctuated but generally ranged between $1,643 and $1,667 per ounce,
In October 2023, gold prices fluctuated but closed the month near a high, with spot gold around $1,985/oz
In October 2024, the gold price opened around USD 2,635 per ounce and closed the month near USD 2,740 per ounce.

The fact remains gold has been on a yearly upward trend at least since 2015 as you can see above long before the longest Government shut down in history. And the upward gold trend was not caused by government shutdowns.

The price of gold in November 2024 fluctuated, with prices in mid-November reaching around $2650 per ounce and ending the month slightly lower, near $2640-$2650

The gold price on December 31, 2024, was approximately $2,606.72 per ounce. The monthly closing price for December 2024 was also reported as $2,624.60,

The gold prices In January 2025, the price of gold saw significant increases, starting around $2,623.96 on January 1st and reaching over $2,770.80 by January 26th

The gold prices In February 2025, the gold price reached an all-time high, with the World Gold Council reporting a record of US$2,936.85/oz on February 19th, driven by market volatility and investor demand for safe-haven assets amidst geopolitical uncertainty and potential tariffs.

The gold prices In late March 2025, the price of gold was hovering around $3,000 to $3,100 per ounce, reaching record highs, driven by investors seeking the safe-haven asset amidst Middle East tensions and U.S. tariff uncertainties.

The gold prices in April 2025, the gold price reached a high of approximately $3,500 per ounce in mid-April, driven by U.S.-China trade tensions and heightened geopolitical risks,

The gold price in May 2025 fluctuated, with prices on sites like Gold Price.org and Fortune showing a range of daily prices, such as approximately $3,338 per ounce on June 10, 2025, and $3,303 per ounce on May 27, 2025

The gold price In April 2025, gold prices reached highs of over $3,300 per ounce, with specific dates showing prices like $3,348.31 on April 25th and $3,338.12 on April 29th, driven by increased demand from investors and central banks, despite short-term volatility caused by market events
.
The gold price in May 2025 saw significant volatility, with daily fluctuations reaching approximately $3,300 to over $3,600 per ounce, influenced by factors such as US tariffs, geopolitical tensions, and market trader nervousness
. For example, gold was trading at around $3,303 per ounce on May 27, 2025

The gold price June 2025, varied with specific closing prices including approximately $3,316 per ounce on June 9, $3,339.44 on June 26, and $3,264.03

The gold price in July 2025 saw significant volatility, closing at $3,309 per ounce on July 31, 2025 and hitting a record high around $3,338 in mid-June, reflecting increased investor demand driven by market uncertainty and geopolitical events

The gold price in August 2025 were influenced by a softer-than-expected US jobs report, which raised expectations for Federal Reserve interest rate cuts, and also saw resistance levels tested due to trade policy developments and inflation data that further solidified rate cut expectations, ultimately pushing prices higher in the latter half of the month By the end of August 2025, gold was trading close to USD 3,450, representing a roughly 4% gain for the month.

The Gold price in September 2025, as of the end of the month, were around US$3,840 per ounce and AUD$5,850 per ounce, hitting record highs throughout the quarter due to sustained economic uncertainty and inflation. The prices rose significantly from the start of the quarter and the year, with experts suggesting gold's stability makes it a good investment for diversifying portfolios.

At present The price of gold Gold fell to 3,949.99 USD/t.oz on October 7, 2025, down 0.32% from the previous day. Over the past month, Gold's price has risen 8.64%, and is up 50.65% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

On October 1, 2025, the federal government of the United States began a shutdown at 12:01 a.m. EDT as a result of congressional failure to pass appropriations legislation for the 2026 fiscal year, which began that day. The shutdown resulted from partisan disagreements over federal spending levels, foreign aid rescission, and health insurance subsidies.While this is ongoing it is interesting to note that

Into its 7th day the Shut down as show little influence in the gold prices.

What is driving gold prices over the last year? Tariffs, inflation, jobs data, and global conflicts have been steadily pushing up gold prices as more countries fearing global conflict are increasing their gold reserves crating a demand. As you can see gold prices have been growing long before any government shutdown. But there is very little evidence Government shut downs are major factor in driving up gold prices. 2018-19 record shut down gold followed its upward trend before and after regardless.

So claim the government shutdown is the principle driver of gold going is up is in correct. Gold has been climbing long before any shut downs as you can see the facts above.. And even 1018-2019 had very little impact of gold prices. The drivers of gold prices are key economic performance indicators. employment inflation and geopolitical tensions.

Crow

China has openly purchased 22.7 tons of gold and their reserves are 2307 tons. Yet there can be a higher amount that isn't known to become less reliant on the US currency.
India is the world's largest private holder of gold.

It's only a natural progression from personal wealth of silver to gold. (The women wear the wealth)
Basically the standard of living increases in India, so the purchasing of gold increases.

North Americansbuy gold as jewelry flash,( increasing amounts being fake), also gold for an alternative in case of crisis.
With only 1/2 Billion people in NA we really don't influence the gold reserves.
India has 1.4 Billion, and they buy gold jewelry for personal wealth.

 

[FreeBirdTim]

Crow has a really bad case of gold fever! For his sake, I'm just hoping he isn't buying any right now...

 

[beepbleep]

Spot Gold $4,007.00

Looks like it made it.

Gold
$4,007.00
+37.00

 

[ToddsPoint]

Yes!

 

[opalboy]

Exciting to watch, if I hadn’t had that unfortunate boating accident. Maybe $50 silver by Friday!?

 

[Sand Swinger]

Just did a separate post about Silver & Gold's rising prices.

Silver is currently at $49.42/oz. In the last month, Silver has risen $7.91/oz.

Gold is currently at $4,066.60/oz. In the last month, Gold has risen $415.20/oz.

 

[Crow]

Crow has a really bad case of gold fever! For his sake, I'm just hoping he isn't buying any right now...

Rest assured my dear free birdy.

This of old pesky black birdy is not buying! I am selling gold in stages.

This old Crow is part of group that has been sitting on a sizeable amount bullion since 2015. It is getting closer to quadruple in price. You acquire in the lows you sell in the highs. Short term traders hoping to make a quick buck on the spike if they buy now could be stung. But there will always be people caught up in FOMO

My shares in banking and mining stocks are booming. And real estate is are booming. I still have to slap my self in face to day to see if I am dreaming. My apologies for anyone doing it tough. I have been there done that. But at present as gold rise higher and higher I AM GOLD CRAZY!

I AM RICH! YAHOO!


Crow