you dismissed and ignored everything i said and mention gold bars...sigh...nice rebuttal...sigh
im buying juniors and producers.
dont go off track to my post - you just got schooled.
gold is about to rocket.
and you answered your own question - gold does go up when bad things happen.....
the markets and retail just dont know how bad it is yet. people are still buying cars they cant afford, designer clothes,property, tvs, furniture, holidays etc.
(my usual family goldcoast holiday trip resort booked 7 months ago was fully booked when i usually go in january, i had to change dates)
wages for the average home borrower is not accelerating fast enough.
watch very soon what happens when the fed stops raising rates.
the aust economy is skating on very thin ice, its about to crumble as is property.
people who own propety dont "own" it until its paid off.
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