To: mrsmith
I wonder why Gold is still down. This is very inflationary.
To: Vermont Lt
Inflation only happens if people are able and willing to spend money—so if jobs go away nobody has money...
33 posted on
03/12/2020 10:47:37 AM PDT by
cgbg
(No half measures.)
To: Vermont Lt
I’d guess to cover margin calls, or profit taking.
Glad I’m not in the market.
35 posted on
03/12/2020 10:48:46 AM PDT by
mrsmith
(Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
To: Vermont Lt
“I wonder why Gold is still down. This is very inflationary.”
Everyone with brains is converting to cash.
The opposite of inflation, it’s an asset deflation.
38 posted on
03/12/2020 10:50:06 AM PDT by
Mariner
(War Criminal #18)
To: Vermont Lt
I wonder why Gold is still down. This is very inflationary. Really. No demand for products.
51 posted on
03/12/2020 10:56:18 AM PDT by
Fury
To: Vermont Lt
I wonder why Gold is still down. This is very inflationary. Because the US dollar index is rising. Inverse relationship between gold/silver and the dollar index
214 posted on
03/12/2020 12:48:52 PM PDT by
Godzilla
( I just love the smell of COVFEFE in the morning . . . .)
To: Vermont Lt
Gold is only paper and manipulated to keep the price down. There are at least 100 claims on every piece of paper.
Sliver is even worse. They are trying to protect the fiat dollar. It works until it doesn’t.
223 posted on
03/12/2020 12:55:49 PM PDT by
jacquej
("You cannot have a conservative government with a liberal culture." (Mark Steyn))
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