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trent3727

6,485 Posts.

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21/05/20

15:04

Post #: 44753714
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Originally posted by Swiftballs: ↑

I dont understand your infatuation with inflation. Gold isn't just used as a safe haven or to protect wealth it can also be used to creat wealth in many many ways.

Gold value isn't determined by just inflation numbers but a huge amount of other factors. The most basic is Supply V Demand and at the moment there is more demand than supply due to alot of reason be it Covid-19, Safe Haven, Gold nuts putting it under their pillow, Investing and etc etc

I suggest you do some research on the basics or otherwise you will have no more money to short stocks or even put food on the table.

We are here to make money are we not? Nothing wrong with getting rich together and I admire you balls in keeping your shorts open but the chart and all fundimentals that dictate the gold price are not in your favour. Even numbskol isn't shorting gold as its to much risk v reward

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sorry but gold at 1750 with no inflation and no inflation on the horizon = gold is overvalued
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