GOLD 0.51% $1,391.7 gold futures

"yer thats wierd how people sell gold when inflation gos up and...

  1. 3,044 Posts.
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    "yer thats wierd how people sell gold when inflation gos up and buy gold when inflation gos down .. how do you make sense out of that ? seems like the dumbest idea ever"

    The explanation may be wasted on you but here goes, when inflation picks up investors expect the fed to remove liquidity causing gold to drop, when there is low inflation investors expect the fed to add liquidity which raises gold price. More stimulus is coming, gold is still the obvious place to be.
 
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