GOLD 0.51% $1,391.7 gold futures

3 indications that risk is back on, page-2

  1. 24,765 Posts.
    Nice charts.

    Isn't it interesting how paper bug terms are being used?

    Gold is not like paper currency which can be created in unlimited quantity from thin air at close to zero real cost and be backed by nothing, but the paper bugs want us to believe that in this current financial mess it is risky to invest in gold, that investing in gold is only for when "risk is back on."

    I would have thought that in current financial times one invests in gold as "risk is off" - as a protection against the financial risks and currency debasement of these turbulent times.
 
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