NCM 0.00% $23.35 newcrest mining limited

Yellen not in control. The big US equity price bubble will just...

  1. 777 Posts.
    Yellen not in control. The big US equity price bubble will just keep inflating. The big US con job just keeps steamrolling the world. Bankers still in charge. Wages on main street USA haven't grown for years while the rich just keep getting richer.

    Meanwhile on planet earth, here in Australia, equities keep getting smashed as we are easily conned by the old strong US dollar trick. A trick they have played since the end of the second world war. Print dollars in the backyard and make sure you stuff them hard into the world financial systems pockets, until all central banks have a vested interest in seeing the US dollar high. Throw in some comforting statistics about the supposed strengthening of the US economy and voila, the con job is complete.

    As for gold, bankers make sure it doesn't win either way. If interest rates in US go up sooner, its no good for gold as it doesn't compete with fixed income assets in a rising interest rate environment. If interest rates in the US are kept down longer, the party in equities can go on longer so why invest in gold. Gold is not allowed to win in any scenario while the US bankers are in charge.

    Only scenario in which gold wins is when the bankers lose control. It has happened before. Low (zero) interest rates by definition equal high asset prices. Low interest rates for 6 years by definition equal asset price bubbles. Some people here only look at the market from day to day. Reality is that asset price bubbles don't last forever.

    The days of fear will come. The bankers will lose control again and the death screeches will resonate deafeningly through the financial systems and our lives again.

    SilentO
 
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