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I don't imagine even the smartest of the Ray Dalios, Hank...

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Skol

32,984 Posts.

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02/04/20

14:55

Post #: 43842715
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Originally posted by Pointyfigures: ↑

Skol, what you are suggesting is crap.
We are not concerned with what the poor people are doing such as being able to afford to eat.
It is when the Ray Dalios, Jamie Dimons and Hank Paulsons decide to move a lot of their hard and honestly earned cash into gold.
They will realise more than anyone what inflation will do to their hoards of cash. They already own the available Picassos, etc.
When the mums and dads pile in, that is when you sell.
This run has not even started yet.
The GFC began in 2007. Most of the BIG stimulus money did not hit the ground until 2009, which is when gold took off.
This time around, stimulus money is coming in by the supertanker (as BDI rates are so low) and will land on our shores over the next couple of months.
Your continuous harping on about moonshot is more like premature ejaculation.

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I don't imagine even the smartest of the Ray Dalios, Hank Paulsons or Jamie Dimons will be dipping their toes in the water at the moment. They'll have lost billions as well.
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