GOLD 0.51% $1,391.7 gold futures

anyone else sick of this?, page-14

  1. 5,933 Posts.
    lightbulb Created with Sketch. 585
    I'm not sure I follow your logic, if interest rates are so poor, then logically people would be looking for a better place to put their money, including but not limited to the market, PM's, housing and dare I say it US treasury bonds.

    Therefore if the cash rate is really poor, then a percentage of savuings will be buying the dud assets such as the bonds & housing & even the market which will eventually come off the rails as it cant be propped up by QE forever. So where are the "banking elite" putting their money to avoid all this mayhem, you'd expect they will attempt to bunny hop between very liquid assets like cash & paper gold I suppose. I'm not sure anywhere is going to be completely safe of a GFC2 meltdown when it finally unfurls. Perhaps the only logical way out is to have a Bretton Woods III, clearing the slate, but will all parties accept a clearing of the slate or will we have WWIII...to be continued.... :)
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.