New vaccine to hurt gold?, page-6

Never ceases to amaze me. The over exuberance on Vaccine News. The overreaction and selling of precious metals.

You can tell the market is just reacting to news headlines, like, the Russian FAKE NEWS vaccine a few months earlier.

There is very little correlation on the Pfizer news and the fundamentals that support the current POG! It isn't going to change a damn thing! nation's balance sheets are already over leveraged with debt. More stimulus is on the way and will continue until inflation and unemployment hits each nations target and one must be insane to think the Covid Vaccine will immediately and instantaneously address all of this.

There are plenty of idiots who have a major problem with depth perception and the magnitude of time.

THE VACCINE ISN'T GOING TO FIX THE CURRENT INFLATION OF MONEY SUPPLY!

GOLD IS AN INFLATION HEDGE!

A HEDGE AGAINST DEVALUATION OF CURRENCY! PARTICULARLY THE USD! A CURRENCY CRISIS!

THE USD DROPS AND SO TOO DOES THE VALUE OF MOST CASH RELATED ASSETS - WHICH THEN LEADS TO A US FINANCIAL CRISIS =MORE STIMULUSUSD index could dip below 90 by the end of the year!



REGARDLESS OF THE OUTCOME OF THE VACCINE, GOLD CORRELATES WITH THE USD INDEX & THERE IS STILL A LONG WAY TO GO

IMO, BEFORE ANYONE INVEST ANOTHER CENT IN GOLD & GOLD STOCKS, UNDERSTAND INFLATION FIRST