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33,126 Posts.

1404

23/02/21

11:27

Post #: 51242091
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Originally posted by totoschillaci: ↑

It's simple logic champ. All tangible assets are rising as we see in copper, industrial metals, oil and other commodities...especially agricultural (look at corn soy beans etc.) Why? Because of money flowing into those assets as money managers look to protect against inflation and also currency devaluation ITSELF driving those prices up besides demand.

All things being equal you'd expect the two monetary metals to not only mimic all these commodities but probably do better. But we can't have that because then the simple minded would finally realise the USD is disintegrating at an exponential rate.

Checked the 10 year yield lately? 1.36 No one wants to hold bonds. Faith in the USD is evaporating fast. But keep "stackin" those fiat bills bud in this "boom" economy.

And why do you keep repeating the tired line about destroying money if all and sundry can see the money supply only goes in one direction since forever?

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Well if money printing's off the scale where's the hyperinflation?

Why is gold tanking, shouldn't it be 'mooning'? Interest rates are on the way up and that means bad news for gold. Base metals are going through the roof while you guys waffle on about banksters.
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