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UnclePanda

2,474 Posts.

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26/02/16

12:52

Post #: 17125328
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Originally posted by champ2003 ↑

UP its pretty hard to explain something to someone that doesn't seem to catch on to the basics but this time is different due to the hard fact that the Fed has run out if a amunition to control the market and the gold price. They cannot raise rates further because it will crash the economy even further plus they really cannot do more QE because they will never be able to repay more debt on top of what they already have. They will never repay the debt that they currently have let alone even more!

They will definitely drop interest rates. That is a given and they probably will go to negative interest rates . This will simply make the gold price explode.

There is no way out for the Fed now.

Their credibility is now totally lost whereas before hand they actually did have credibility.

This time is VERY different.

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champ, you didn't explain why gold will rally during another GFC. it fell during the last one, cause its an asset - just like stocks. absolutely, no difference. sorry, its not money. money is what i have in my wallet. i dont see gold.
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