Because it does not earn or produce anything. A non productive
asset. A trading instrument at best. I think Buffett has it right
calling it a "shiny cube".
Deflationary backdrop now with the FED crushing demand - US
dollar surge pressuring GOLD priced in dollars. With that
said, the charts of both Gold and Silver were exhibiting bear flags
as discussed PRIOR to the breakdown (energy was building for a big
move).
Why do you think Gold
Posted by lhartell on 6th of Jul 2022 at 11:49 am
Why do you think Gold is selling off so hard?
US Dollar rally
Posted by jared95 on 6th of Jul 2022 at 12:51 pm
US Dollar rally
Because it does not earn
Posted by fundamentalvalues on 6th of Jul 2022 at 12:57 pm
Because it does not earn or produce anything. A non productive asset. A trading instrument at best. I think Buffett has it right calling it a "shiny cube".
Deflationary backdrop now with the
Posted by steve on 6th of Jul 2022 at 12:22 pm
Deflationary backdrop now with the FED crushing demand - US dollar surge pressuring GOLD priced in dollars. With that said, the charts of both Gold and Silver were exhibiting bear flags as discussed PRIOR to the breakdown (energy was building for a big move).
Crushing Demand after they caused
Posted by retirefire on 6th of Jul 2022 at 12:47 pm
Crushing Demand after they caused inflation with supply
Look at UUP
Posted by srusso1 on 6th of Jul 2022 at 11:52 am
Look at UUP