GOLD 0.51% $1,391.7 gold futures

the dark days are here, page-5

  1. 2,762 Posts.
    I agree with the hyperinflation, but not with the stock market collapse. US stock market may go down in real terms but not in nominal terms.

    e.g. Newmont mining income to cost is about 5:4. If gold doubles due to a currency crisis (likely at some point imo) then their income to cost becomes 10:4, so their profit multiplies by 5. Similar for other natural resource companies. Even tech, etc and many other things could go up.
 
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