Lots of moving parts... China negotiations, Pence trip cancellation, Fed possibly easing.
To: joinedafterattack
I add a half dozen 1oz gold eagles to my stash every year, irregardless of the going price. I wish silver was tracking the same.
To: joinedafterattack
Gold is going up for the same reason Bitcoin is going up ... wealthy Chinese trying to secure/move wealth while they still can.
3 posted on
07/02/2019 4:28:21 PM PDT by
House Atreides
(Boycott the NFL 100% — PERMANENTLY)
To: joinedafterattack
I can’t wait for the next seasons of “Gold Rush” and “Bering Sea Gold”.
To: joinedafterattack
Appointment of gold bug to the Fed.
5 posted on
07/02/2019 5:17:32 PM PDT by
Vermont Lt
(If we get Medicare for all, will we have to show IDs for service?)
To: joinedafterattack
GLD has been going up steadily since the first of June.
6 posted on
07/02/2019 5:35:29 PM PDT by
hinckley buzzard
(Power is more often surrendered than seized.)
To: joinedafterattack
Another possible reason: Christine Lagarde (current head of the IMF) was just voted in to replace the retiring Mario Draghi as head of the ECB.
Rumor is that Lagarde never saw a printing press she didn’t live to run 24/7. Solidly in the ‘dove’ corner.
If she lives up to her reputation, we can expect 70’s style inflation. Or worse.
7 posted on
07/02/2019 7:06:35 PM PDT by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: joinedafterattack
I remember $35.00/oz gold and $0.35/gallon gas.
9 posted on
07/02/2019 7:40:47 PM PDT by
lightman
(Byzantine Troparia: The "praise choruses" of antiquity.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson