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Buygold 19:27

Posted by goldielocks @ 1:11 on October 7, 2017  

Didn’t see that report but we’re not in QE anymore. I think what’s going on here anyways is the psychology of trading. That’s what their doing too, spinning everything to the positive for equities and dollars going down isn’t important because it just helps exports and jobs are going to come back. Because Trump is focused on stopping the hemmiraging of jobs to foreign nations it’s seen as futuristic positive. Positive in expectation of a improving economy and better wages. That it’s not how these companies are actually doing like we saw a few like Amazon get hit but how they PRECIEVE they will do in a positive futuristic sense. Just like during a bull market you’ll see people buying the gold stocks that aren’t even producing yet, Then you have other economy’s having problems putting their money over here. So things that might say it’s time for a correction along the way are being pushed aside for how people are perceiving equities will continue to do well in the future. Meanwhile gold is holding its own for other reasons behind the scenes but people aren’t buying the stocks esp if it’s related to uncertainty like they did during QE.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.