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$1,391.7 gold futures

Pandemic -> Reduced economic activity -> Economic crisis ->...

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bedders84

179 Posts.

34

26/02/20

15:41

Post #: 43166812
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Originally posted by Skol: ↑

Well I won't be buying any gold bars as you've probably already deduced, but I have been stackin' and sellin' some HCT, which is nothing to do with gold - I know.

I also own IVC - also nothing to do with gold, but a possible big winner if it gets out of hand - unfortunately.

Goldbugs have been here telling everyone to 'stack' the stuff, but I can't imagine why, in a pandemic, and the rest of the investment community have obviously worked it out as well.

Why would I own gold in a pandemic?

There will be some winners in a pandemic, but I can't imagine gold is going to be one of them.

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Pandemic -> Reduced economic activity -> Economic crisis -> Money printing -> More money printing -> Currency debasement -> Gold up

Value at posting: $1,391.7
12 Upvote

0 Great analysis

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