Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-92540

First 92540 Last

Share
Profile

Follow
Bunn-Wackett

22,521 Posts.

1250

18/02/21

09:56

Post #: 51105663
Share

Originally posted by aldo: ↑

As far as interest rates go- the bait is low interest rates. Way too many people are in for max amounts and the sting comes when rates suddenly go higher and the plebs are on the hook for more than they can afford. The result will be property loss or a bigger cash flow to the banks. Win win for the bad guys.

As for gold- I continue to see it plodding along and then spiking but not too dramatically. Doing its job of maintaining value.

As for silver- this is the big play. Industrial needs will outweigh the monetary side and by virtue of necessity and limited supply the price will skyrocket.

Expand

how do the bad guys win when people are forced to sell their property and in doing so they force prices down?
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 34,046 more messages in this thread...

First 92540 Last

Add GOLD (COMEX) to my watchlist

SPONSORED BY