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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: petal who wrote (65620)	12/7/2020 8:19:13 PM
From: RetiredNow	1 Recommendation Recommended By petal Respond to of 78817

yes, it makes a lot of sense. This in particular makes perfect sense to me: However, should there come a true, total crisis, my feeling is that the most independent variable will be good enough––even if they are all interlocked... That's a great way to put it. Everything is interlocked and we're all looking for how they behave relative to each other. Right now, gold is acting like a last resort type asset, which is why I like it for now. I'm not a goldbug, so won't be a perpetual holder. It's just right now that I think it's a decent bet. I think the crisis will come eventually, but we're likely to be waiting for it far longer than anyone thinks. But I think we have more to go on gold to the upside over the next year, because I think there are still so many risk factors out there beyond just currency devaluation, which could be a catalyst for mayhem, which favors gold as security. When things start to calm down and real rates turn positive, I will probably re-evaluate my gold holdings.

To: petal who wrote (65620)	12/7/2020 11:23:52 PM
From: Area51	2 Recommendations Recommended By petal Spekulatius Read Replies (1) \| Respond to of 78817

I like gold. In this environment its like buying insurance on a house that is used as a meth lab by a crack addicted homeowner. If a crisis can be averted maybe not, but lets face it: the best idea the worlds politicians have is to print money to support more and more spending so they can keep getting reelected and enjoy their easy life. It's almost impossible to envision a scenario where this doesn't end badly. youtube.com