GOLD 0.51% $1,391.7 gold futures

it's going down the toilet, page-23

  1. 13,085 Posts.
    lightbulb Created with Sketch. 2732
    Interesting that the insurance premium in the form of gold hedge / protect yourself, your portfolio, your assets against

    Negative rates
    Hyperinflation
    Financial market collpase
    Housing coolpase
    Credit market collpase
    Worldwide depression
    Loss of capital
    Usd collpase from QE 1 2 3 infinity
    European intervention and assets buying prgrams to cause hyperinflation
    Japan stimuls
    Australin stimulus
    European bailouts
    Soverign pegging of currencies
    Soverign bailouts
    North korea to go war

    fiat collpase
    Trade collpase
    China collpase and reallocation to everything gold

    Blah blah

    Increased in five years about 100 pc, 800 usd to 1600usd......( approx)

    seems they might run into trouble using those sales pitches to justify pushing the premium up further as we move away from economic collpase and realise the markets are open for business, functioning and that peoples assets, in particular cash isnt simlpy going to disappear overnight, would think the premium is due to come down significantly to reflect that reality..........

    Wouldnt suprise me to see the price fall further over time...



 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.