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Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"
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[quote=Anonymous]There’s no way gold doesn’t keep going up. We either get rate cuts that further cause inflation thus driving people to gold for safety or we don’t get rate cuts because the Fed is already aware it needs to control inflation that is ticking up. Both scenarios drive folks to gold. The likeliest bet is we get rate cuts like t wants and then we further drive up inflation. Sure stocks will rally for a while longer, but anyone with two fking brain cells can see the clouds coming. The economy is not okay. Jobs report was bad. Everything is way expensive and wages haven’t kept pace. Like, basically, if you’re an investor you need to keep some gold or gold ETFs right now because they’ll keep going up and will be useful soon to sell for stocks. Bitcoin is okay, but is still less of a good inflation hedge.[/quote]
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