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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (108360)3/27/2018 11:20:27 AM
From: Rarebird  Read Replies (1) | Respond to of 116824
 
So, I do understand and have always understood where most gold bugs are coming from.



To: Real Man who wrote (108360)3/27/2018 11:24:26 AM
From: Rarebird  Read Replies (1) | Respond to of 116824
 
The question - and we have had this dialogue before - is that it depends (in a growing economy) on whether the inflation rate rises faster than real rates. I agree Gold will go up more in a slowing economy where the Fed stops tightening and is about to ease. But there is room for a cyclical gold bull in the former scenario. You are referring to a secular bull market in gold.



To: Real Man who wrote (108360)3/27/2018 11:33:31 AM
From: Rarebird  Read Replies (1) | Respond to of 116824
 
You are referring all the time to a collapse in the financial system where gold rises to the moon, to 10K, if not higher. What kind of world would that be? The quality of life would deteriorate enormously. What would you even do with your Gold? Become a developer and rebuild the world? We would be in a state of war and unceasing conflict with no rule of law.