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gozinsa

4,000 Posts.

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16/09/18

17:32

Post #: 35632106
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Originally posted by Dr.Who ↑

Since 2011 gold has had a steady decline while global debt has increased since, year on year.

Gold rose approx. 370% from 2001 to around the start of GFC. Gold then rose approx. 270% over 3 years from the onset of the GFC.

In percentage terms gold did better in the years of excess prior to GFC than it did in the post GFC years. And again it has steadily declined for 7 years post the 2011 peak wiping gout half of that gain.

I accept that 7 years is not a lengthy period. Nevertheless at the moment there is no evidence that the market thinks fiat experiment is close to an end.

Fiat experiment ending sounds like wishful thinking more than evidence based.

I want gold to do well and my gut feeling is it will do well over the next couple of years. However, the evidence is weak so be vigilant, that is all I'm trying to say.

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The Libertarian Party presidential candidates have had steady growth in popular vote since its inception. It may take a while but it'll get there.
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0 Great analysis

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