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24/12/19
15:23
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Originally posted by Max5:
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I'm well aware and have direct experience of previous cycles and the characteristics etc you describe. My post is a non market specific summary of a few thoughts and observations on bull markets in general-obviously including gold-and any other bull market. But now you've raised some other issues and you're only going back to 2011 I suppose the question you/we should/need to ask is what would have happened/where would we and the markets be now had there not been the experimental, unorthodox, unprecedented, massive, manipulative and continuing stimulus to keep it all afloat ? A major deflationary episode perhaps ? And is it sustainable without consequence and/or are we really 'over' the GFC or has the can just been kicked further down the road ?
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Has it occurred to you that the Federal Reserve has been destroying money, not creating it for the last few years?