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$1,391.7 gold futures

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albatrosss

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14/05/21

03:15

Post #: 53165675
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Originally posted by copperroad: ↑

Gold ran thinking inflation was really here and then traders took some profits once it became bloody obvious. Gold ran over $160 from the sub $1700 low. Press said it ‘tumbled’ overnight but that’s the idiot press for you. I think bitcoin ‘tumbled’. Always trying to drive fear into people for profit and headlines. It’s their only way to pay bills.
Inflation has been here for some time and only a blind person couldn’t see it. Big money can sometimes be a bit simply. It’s been too easy for so long. Buffett, Yellen and hundreds of online commentators have been screaming about it for some time, main stream media? Nah. It’s all about COVID cases , musk , housing madness and crypto.
The A$ dollar is dropping and gold is doing fine. It’s rising in our dollar terms. Things will get volatile for a while as it works all this out. Tech Markets are still overvalued by some margin and this is a wash out imo. It was needed. Time will tell.

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yes. We tell you what you think. We tell you what you need to know. HAHAHA.
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