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Reply to "Why is wall street ignoring/downplaying inflation?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Gold still rising. That’s strange.[/quote] Fear = buying gold! We are :) That's a bubble there but I suspect it will continue onward into next year. Hell, with how things are going in US and with DT/GOP around for a few years, I think gold will continue to be leveraged globally. Why not? [/quote] I am buying gold bullion ETFs, gold miners and also 2x leveraged gold miner ETFs. They will not go down in value soon. I am very concerned about international affairs and generally how things are going overall. equities prices are up for now mainly on anticipation of a rate cuts. They’ll stay high for a while longer, months maybe another year, but ask yourself if gold or S&P stocks are the safer bet. You people think a rate cut is good news? We are living in interesting times. Tariffs, alliances tested, internet making people yell at each other, polarization…you fking name it. I’m going with gold for a while. It’s sky rocketing. The sad part is if things get worse you “cant eat gold” and all that symbolizes. I’d rather live in boring times. But it is what it is.[/quote]
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