Loading ...Thanks for the comeback Farmboy and I always Appreciate your views and especially your classic stories. I’ll never forget the tax assessors office on that hot humid day:)
re part:
“But I do think he kinda pegged the worry over GDP and economic growth as driving force, or reason, that some are looking at the Precious Metals as a form of safe haven, even with the markets going up.”
Comment:
Its kinda like the chicken or egg. Sometimes fear and worry drive people into dollars. Remember ’08? ‘9? Gold down to $700-$800 from $1200? I grabbed some that time. These days higher gold could be related to the deflationary related re low interest rates and shaky real estate, promotes lack of confidence in the central planners.
I think the whole 100 years era is in slow reverse transition. Back to gold as global money, and real estate back to a consumer product. We won’t be here though