GOLD 0.51% $1,391.7 gold futures

Gold is a speculative, reactionary instrument. It will attract...

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    Gold is a speculative, reactionary instrument. It will attract buyers on news of a kind and sell rapidly when a $ is earned.

    If one is buying gold on the premise of a financial meltdown and collapse of fiat, then one is trading ignorance. What is required to support modern economies today is different to what was required 20 years ago. A relatively easy notion to understand, technological advancement is ubiquitous and with it supporting mechanisms to supply capital require innovation.

    U.S. TREASURYSECRETARY MNUCHIN SAYS U.S. DEBT IS VERY MANAGEABLE RELATIVE TO OUR GDP

    JAN 25 2020

 
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