2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (160911)	8/4/2020 9:50:48 PM
From: carranza2	Read Replies (4) of 217791

The article is just not worthy. Driven by low bond yields? No, it's driven by USD weakness which is in turn driven by QETI (QE to infinity) and the prospect of yet another several trillion bolus of financial fentanyl. COVID-19 stimulus alone is circa 25% of GDP. And there is another trillion or two on the way. Now, that’s driving gold. Obama left Trump with a huge deficit, which Trump, for all his election promises, increased even before the virus. He criticized Yellen for her soft touch, praised Powell as the anti-Yellen, but wanted to fire him when he took baby steps to rein in the madness, making the stock market swoon, thereby endangering the stock market. And a vigorous stock market is of course a good way to enhance re-election prospects, gather contributions, and have the powers-that-be do what they can to curtail Biden, whose senile dementia means he might forget that he’s lying about his socialist drivel and actually deliver on his lunatic promises. Politicians are all a*****es. Where’s someone like Volcker when we need him/her?

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