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-94449

First 94449 Last

Share
Profile

Follow
Skol

33,126 Posts.

1404

08/04/21

13:28

Post #: 52330488
Share

Originally posted by sergeant: ↑

My thoughts are this: expansion of the capital base and with it, increased velocity of money will lead to further growth of the world economy. This will drive inflation. The only unknown is whether central banks move interest rates up at the same rate. So far they have said no, because they think inflation will be muted at 2-2.2%.
I don’t know what the future holds but if the past is anything to go by, CB’s have a rich history of stuffing the balance up.
Meanwhile, I suspect if we don’t get a push in the POG above $1755 USD soon, then the bears may come out to play again.

Expand

I gave you a thumbs up for your analysis, a conspiracy-free post.

Eventually the Federal Reserve will have to raise rates, and that will be negative for gold.
1 Upvote

0 Great analysis

Reply

Top Stories

COL

ACCC take Coles and Woolworths to court over 'prices dropped' and 'down down' claims

WOR

Worley secures five-year agreement to provide services in Oman

Week 38 Wrap: US markets panic at 50bp cut; ALS’s minerals revenue slowdown; RBA path unclear

LM8

Lunnon picks up 5.27 g/t of gold across thick zone at WA's Lady Herial

Mastering the 'wealth mindset' with courage to redefine success

There are more pages in this discussion • 34,667 more messages in this thread...

First 94449 Last

Add GOLD (COMEX) to my watchlist