Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.
Judging by the last 3 months or so, should lead to Dow 30,000
Zimbabwee style? Dow 3000,000?
When it comes to the ability to print money, the power imbalance between the States and the Federation (or Union) become pretty stark. I wouldn't want to be a heavily indebted State labor government relying on a Liberal Federal government (or vice-versa) to start the printing presses to resolve my issues.
I wonder what the dollar will do next week and whether that will reflect immediately in gold's price.
At this pace, I think we might easily score 2,500 $ gold in August (and that would be way too modest) if things go on like this. Regardless, I expect higher, above 2,000 $ gold price next week.
Perfect stepping stone towards hyperinflation:
- a -32.9 % Q2 GDP drop
- heavy easing
- slowing economic activity
- increasing unemployment
- some industry branches are completely wiped out or almost entirely eroded (e.g. air travel, tourism, office rentals, real estate, automotive industry...)
- no end in sight due to Corona
Zerohedge: "A Record Amount Of Physical Gold Was Just Delivered On COMEX, Here's Why"
Still waiting on stimulus approval in the US I thought I would have been through last week. Maybe in the next two weeks. It’ll be +trillion for sure.
Why the US dollar slide may be a sign of real danger this time
You're gettin' a 1,200 $ cheque?
BUY GOLD (are you allowed?)
Everyone waiting on their crumbs and their little piece of freedom given by the masters.
Were you a good little socialist today?
they do that in a Free America ???
thought only Commies do such a thing
It Is Time to Abandon Dollar Hegemony
Issuing the World’s Reserve Currency Comes at Too High a Price
By Simon Tilford and Hans Kundnani
July 28, 2020
Many people don’t know the difference between left wing socialism and “right wing communism”. They are completely different.
Let us not forget: gold is full of paper too, in fact, most of gold's price is determined by paper contracts.
They brought gold's price down 7 years ago. Why couldn't that happen again?
Gold is sold at a discount to comex price in China for months and recently in India also. People are broke and selling gold to buy food.
for every seller there is buyer, its how the market place operates
there is no need for exchange there
there are ready buyers and sellers, price will fix things
$15,000 gold price? Jim Rickards and Peter Schiff give forecasts (Part 1/3)
A very interesting fresh video, worth watching.
the bull market is expected to top out around 2030
15,000 gold price is about 5X from 3k
and ASE would be 500, about 10X the price today
Those guys had nearly ten years to come out and tell the same story lmao
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