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Lots of moving parts... China negotiations, Pence trip cancellation, Fed possibly easing.
1 posted on 07/02/2019 3:50:41 PM PDT by joinedafterattack
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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.


2 posted on 07/02/2019 4:25:56 PM PDT by JonPreston
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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)
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To: joinedafterattack

I can’t wait for the next seasons of “Gold Rush” and “Bering Sea Gold”.


4 posted on 07/02/2019 4:41:10 PM PDT by VietVet876
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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?)
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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.)
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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.)
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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.)
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