Those 3 questions come from a website that was banned by Google...

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14/08/20

07:28

Post #: 46531152
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Originally posted by shaneos: ↑

Here are three questions you should ask yourself before declaring the gold bull dead.

1. Do you believe the economy can quickly recover?

Let’s say they develop a coronavirus vaccine tomorrow. Do you believe that the economy can just spring back to life?

2. Do you believe that the federal government will stop borrowing and spending billions of dollars every single month anytime soon?

Keep in mind, the federal government was borrowing and spending billions of dollars a month before the pandemic.

3. Do you think the Federal Reserve is going to stop printing money, raise interest rates and shrink its balance sheet in the near future?

Likewise consider that the Fed was slashing rates, printing money and growing its balance sheet before the coronavirus reared its ugly head.

If you answer no to any of these questions, pronouncing last rights on the gold bull market might be premature.

https://www.zerohedge.com/markets/three-questions-ask-you-declare-gold-bull-dead
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Those 3 questions come from a website that was banned by Google for its worthless content.

I don't know how many times I have to explain to you that in a financial mania, nothing else counts, only the lunacy of the participants.

The current gold and silver bubble is the result of crowd behaviour, crowds don't respond to logic or reason because of their low intellect.....FACT!!!

Here's a chart of another mania that went badly wrong....I'm sure that even you can see the pattern.
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0 Great analysis

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