GOLD 0.51% $1,391.7 gold futures

If you want to see crippling losses adopt Skol the troll's...

  1. 3,255 Posts.
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    If you want to see crippling losses adopt Skol the troll's genius nominal 2% p.a. term deposit strategy in a 7% y/y inflationary environment - when in real terms he's going backwards at a rate of at least 5% p.a. (before tax). Inflation is a tax, pure and simple (albeit not an explicit tax) whereby purchasing power is subtly and silently diminishing. Enjoy those real losses while we trade/exploit the volatility!
    GLTAH!
 
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