Replies

To: mrsmith

I wonder why Gold is still down. This is very inflationary.

28 posted on 03/12/2020 10:44:57 AM PDT by Vermont Lt

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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