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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST

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To: carranza2 who wrote (149049)6/12/2019 9:36:23 AM
From: Horgad  Read Replies (1) of 217882
 
FWIW: Armstrong answers this by saying that basically when it comes to POG everyone is watching the wrong things (example: QE doesn't matter) and the only thing that matters is the confidence or lack thereof in the government. And he believes that there is a tipping point below a certain level of government confidence where major gold moves take place. So inflation itself doesn't matter, but a government's inability to control inflation will likely result in lower confidence which does matter...

armstrongeconomics.com
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