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05/03/24
14:08
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Originally posted by X0X0:
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Could be... I can't be living in fear, but I do think something bad is brewing. My guess is there will be a mass famine as the U.S and other countries give up on fighting inflation. What I don't understand, and maybe you guys can help me reach a conclusion, is why Gold is as extremely bullish as it is if there is still not fears of inflation or economic uncertainty? Yield's coming down would indicate the FED has stopped it's goal of "defeating inflation", but commodities are soaring. It doesn't make a whole lot of sense... the only explanation I have is that they know they cannot control inflation anymore, and they are letting it run wild. Would love to hear some thoughts on this.
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All the billionaires sold a lot more of their own stock in the last week or so....that dough has to go somewhere and I believe even they decided they would be idiots not to get a decent chunk of ole' yella and probably Ag as well.