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Doing its job of maintaining value.========How is this...

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Skol

32,985 Posts.

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18/02/21

09:42

Post #: 51104811
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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.

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Doing its job of maintaining value.
========

How is this 'maintaining value'? This is the road to ruin.

Last edited by Skol: 18/02/21
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0 Great analysis

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