RMS 0.49% $2.05 ramelius resources limited

disappointed market, page-19

  1. 1,451 Posts.
    You are talking in circles and making no sense

    FACT all commodities are priced in USD
    FACT inflation is the phenomenon of fiat currencies related to the expansion in money supply.
    FACT the USD is printing huge amounts of money hence
    expanding the money supply used to price all commodities.
    So technically the US should be having rampant inflation but it doesn't ? why is this becuase its been exported to the rest of the world. China seens it in inflation we see it in our exchange rate.

    Gold is not an inflation hedge as such its a store of wealth. Because its only sold in USD its essentially only an inflation hedge against the USD. But thats misleading because US inflation rate is apparently close to 0% right?

    Whats happening is the USD is losing its value as a store of wealth and gold its directly related to its loss in value.

    The US is basically taxing the rest of the world to pay its bills GOLD is going up in value becasue its a way to store your wealth without it been taxed by the US.

    Its the same for all commodities, hence why food, oil and metals have all increased 100's of %. untill the US stops debasing their currency all commodities will keep rising.

 
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