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Hell_Is_Like_Newark
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my miner stocks are insane
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VP_Spiro_T_CheneyWoot! Gold is coming up on $5,000 too.
Gold, silver and copper all soaring as the sad sack American peso continues to fall under the burden of Trump’s record deficits.
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I remember the late 1970's and early 1980's where the push for gold ended up taking a lot of money away from me.
I just don't buy into it.
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Hell_Is_Like_NewarkVP_Spiro_T_Cheney wrote:
Woot! Gold is coming up on $5,000 too.
Useless yellow metal!
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VP_Spiro_T_Cheneywrote:
I remember the late 1970's and early 1980's where the push for gold ended up taking a lot of money away from me.
I just don't buy into it.
Different world back then… everybody needed dollars for trade, the USD was still the all-powerful global reserve currency and the U.S. had only recently gone off the gold standard which held the price artificially low for decades.
Now the rest of the world is dumping USD and central banks are going all-in gold while the Fed has to make up the lack of interest in US Treasuries by printing money and becoming the buyer of last resort.
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