GOLD 0.51% $1,391.7 gold futures

gold, page-84989

  1. 21,555 Posts.
    lightbulb Created with Sketch. 687
    Yes but with all this money out there, where do you put it? No point sticking it in the bank where no interest rate and it could be GONE.
    govt bonds , yeah ok but many have been in -ve territory interest.
    Property ok but major major corrections on the cards so again no.
    Picassos and red wines and vintage cars?
    People have been piling into gold and silver. No wonder.
    Stock market , yes . US govt/Fes have been pumping huge monies in there and many have followed. What happens now if the stimulus pulled . Can they scale back pumping up the stock market to keep up public confidence. Or is it like interest rates after 2008?.
    ie one way ticket??.
    i think there is no other alrernative but to keep printing.
    maybe they want to crash all economies into oblivion like what happens in a world war and then start again.
    except without a war this time.
    Anyways, i have more confidence in gold and silver at this stage of play than anyting else.
    maybe there are no winners. Best is not to lose too much but just a little.



 
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