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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (213556)4/16/2025 6:01:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 218090
 
Re <<If I had gold in a bunker in Hong Kong, China now controls that. They might decide they need it more than I do.

Meanwhile the oil to gold ratio is shrinking. Since gold is made out of oil, it might be that gold is too expensive.>>

China needs the people to hold more gold and less dollars, and as China still earning ginormous trade surplus, confiscation counter-productive

But, yes, gold, whether by oil or by inflation rate-adjusted 1982, 2011 and 2020 highs, is absolutely high rather than low, and therefore shifting from gold to miners is not really aggressive but advisable even as the journey entails much dangers must be countered by active cerebral work as opposed to traditional buy-and-HODL