I'm not talking about a 1% hike, I'm simply saying the fact that the US economy is improving ever so slightly year by year at the moment and we'll see one hike by the end of this year, and most likely another 1 or two by the end of next. Interest rates are so low that it won't matter for the people up to their ear lobes in debt, a slow and steady climb will be tolerable. Gold nuts have been talking about the tanking of the economy and equity bubbles for 6 years at least and the opposite has happened. The most disgusting part with gold nuts is that they act as if they are geniuses after getting it right 1/6 crashes they call.
Again, I'm confident in a stable and likely rising pog over the next few years, I just think people should get real when it comes to the facts. We have an improving US economy, we ARE getting a rate hike this year, we have low inflation, a resilient USD, and rising equity markets in both Australia and the United states, with decent earnings seasons. One just gets sick of the conspiracy theories involving Fed shareholders, hyperinflation, collapse of the USD, debt spirals and economic collapse we CONSTANTLY hear from the gold nuts.
- Forums
- ASX - By Stock
- MOY
- What Happened...
What Happened..., page-9
-
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)