Gold
- superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
'outperforming most assets in 2016 so far!!
QE4 and NIRP coming soon.
Gold is money.
QE4 and NIRP coming soon.
Gold is money.
- Realrocknrolla
- Posts: 1903
- Joined: Fri Jun 05, 2020 7:15 pm
Will be interesting to see if Gold reaches 1860 today...
anyone else playing?
anyone else playing?
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- johnsheppard
- Posts: 285
- Joined: Mon Feb 04, 2019 6:00 am
- Location: Cairns Australia
My father in law believes we are headed for a meltdown and you should all buy up!
https://www.youtube.com/watch?v=UC2HxR7IWlg
I don't know what it all means. What are the latest thoughts on gold here?
https://www.youtube.com/watch?v=UC2HxR7IWlg
I don't know what it all means. What are the latest thoughts on gold here?
- jamesedwards
- Posts: 2366
- Joined: Wed Nov 21, 2018 6:16 pm
It wouldn't surprise me. I nearly cashed my pension out of stocks but stopped short when Liz announced the consumer and business power support package. I feel like I've missed the dip now so I'm still hanging back, but anything could happen in the coming months.johnsheppard wrote: ↑Fri Sep 30, 2022 10:06 pmMy father in law believes we are headed for a meltdown and you should all buy up!
https://www.youtube.com/watch?v=UC2HxR7IWlg
I don't know what it all means. What are the latest thoughts on gold here?
If you believe a big crash is coming then you want something that can't be created or printed. Gold could be ideal, which historically tends to stay relatively stable compared to stocks during periods of recession.
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- johnsheppard
- Posts: 285
- Joined: Mon Feb 04, 2019 6:00 am
- Location: Cairns Australia
It all depends on how big a crash we are talking. Beyond a certain point, guns and cans of beans become more valuable than gold.jamesedwards wrote: ↑Fri Sep 30, 2022 10:15 pmIt wouldn't surprise me. I nearly cashed my pension out of stocks but stopped short when Liz announced the consumer and business power support package. I feel like I've missed the dip now so I'm still hanging back, but anything could happen in the coming months.
If you believe a big crash is coming then you want something that can't be created or printed. Gold could be ideal, which historically tends to stay relatively stable compared to stocks during periods of recession.
I suppose it borders on conspiracy theory stuff, but father in law can't sleep much and he's up all night watching youtubes, like the one I posted above. Watching that video without any critical analysis or thought, makes one a little concerned Like, the dude seems like he's thought things out... For me, it's fascinating stuff, but I don't have the time to do the real leg work...
Unless of course I give up my day job to go and do the leg work... Logic tells me the best approach is to diversify, then let the market do whatever its gonna do...earn ones crust with ones own expertise, but video's like above are tempting to buy into...
The best asset to be in lately has been the US Dollar.
Flight to safety
Although I am starting to get short at these levels. But that's just because I am a contrarian
Flight to safety
Although I am starting to get short at these levels. But that's just because I am a contrarian
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