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Butgold

Posted by goldielocks @ 12:46 on September 7, 2019  

Well your doing a good job surviving but don’t forget about your health.
We have foreign moves in places that understand gold more than many Americans today.
I’m still watching retrace in gold and only time will tell. Take a thousand out of the present and we’re following a similar pattern. After some years of 1980 high it dropped had some bounces then had a rise to 500 then continued down back up them down. Take the 1000 out of the 1980s you have the 500 now. We don’t have the same conditions or Fed we had in the 1980s. They’re attacking oil though even though they use it. Anything to tax.
We have people moving into the dollar as one of the few places to go in current events and why it could be a hedge. Not a good time maybe now. Meanwhile as they move into it as well as digital currency the bankers want to eliminate cash. Then they can turn to outrageous fees and no way out of bank failures. I hope the young are smart enough to not let that happen.
Right now with negative yield curve if there is a recession it’s gonna be banks again as they tighten their balance sheets.
So much for digital currency,

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