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Another 1998
Many think the only way gold can rise in dollar terms is if USA prints too many. Truly, they have printed too many already. Gold will rise in dollar terms, many thousands even if treasury inflates currency no more.
Me: gold did go up 400%+ before QE.
Many think the only way gold can rise in dollar terms is if USA prints too many. Truly, they have printed too many already. Gold will rise in dollar terms, many thousands even if treasury inflates currency no more.
Me: gold did go up 400%+ before QE.
Another 1998
US interest rates must retain a large premium over Euro rates to support and over value the dollar as it's supply is pumped.
US interest rates must retain a large premium over Euro rates to support and over value the dollar as it's supply is pumped.
^ Me: that's happening today. Of all the Euro bashing that goes on , Europe has been on a govt spending & thereby bond issuance freeze since 2013. And people wonder why EU rates are so low ?
Another 1998 predicted my Tweet
Somewhere in the "good book" I read where in the end many would throw their metal in the streets.
I tweeted that i wanted to throw my gold off a bridge (the Lions Gate bridge) if nothing changed in 5 year
Somewhere in the "good book" I read where in the end many would throw their metal in the streets.
I tweeted that i wanted to throw my gold off a bridge (the Lions Gate bridge) if nothing changed in 5 year
