gold, page-31320

September 13th 2017 for $1100 gold...

Search my name in the advanced section on hotcopper and 'gold' in the topic... I have been a long gold bull since before 2010 as my posts suggest... Times change... I would have thought with the endless amount of dollar devaluation in the last 10 years would have had an effect on the USD gold price... I would have thought with the devaluation of ALL currencies worldwide would have got gold a bid... I would have thought with the increasing tensions of a possible world war 3, gold would have been higher than what it is today...

There have been so many triggers for gold over the last 5 years that have failed to materialise... The problems in the world have not gone away, and this point in time reminds me of before the crash of 2008, when the US raise interest rates every month for like 15 months, not giving the economy any chance to show what the previous rate increase did. I feel we might be at the beginning of that cycle again... I do not like the fed, I think the fed are full of dead heads, it's just that the demand for gold isn't there... Until we get inflation getting 'out of control' we will not see gold increase... Bitcoin is the new gold... Bitcoin can do what gold does plus more... Over the next 10 years people will buy bitcoin as a currency alternative, since we so desperately need one, to get away from all central banks and their policies...