The last week is the investment community at all shocked by the sharp decline in the gold price. Is there really something wrong, this dramatic? Is this 'never seen'? The answer is that the current decline electric steam table historically still nothing.
In 1976 50% of the highest price put in 1974 was lost and still there was no question of the disappearance of the bull market. I can not panic a gold price which in turn possibly to come. Below $ 1,000 In 1980, so only four years after that huge dip of 50% gold stood at 850 (low was in 1976 around $ 100). What do you think the comment was in 1976? I know it. Most people thought it was madness to own gold. How much warning did you have in 1976? There was 50% off course. Gold was in 1976 clearly passe, forever on and off. Now I do not hear otherwise of certain market. Yesterday on CNBC talking head Geoff came back as an investment with all the bullshit about the faded role of gold. The lack of yield and interest on, and so it is worth nothing ... all BS, because gold is still just money. You can redeem coins. Anywhere without problems You can also pay it directly. It is money and money remains. It is even better than for example the Euro, because Euros persist electric steam table cost you up to 2% per year ... that's why I love My savings in silver and gold. The decline did you happen sometimes persist in a foreign currency with your savings.
Armstrong shows that if we do not go through the intraday electric steam table high of Friday and the sell-off increases again, we successively $ 1,310 and $ 1,158 to go see. Keep the latter is not, then within two weeks of a fall to $ 907 as possible. If that will happen, I do think that no ordinary citizen still dare to venture gold, just like in 1976.
You may get wrong, Jeroen. electric steam table I'm not talking about those that Armstrong gives and which are realistic, but the audacity of the small investor. It begins to seem that no one rate setting accepts the paper. Rather than less, the small investor buys more coins.
Boy, young, what a discussion! We just have to be real. Gold is a significant decline in dollars electric steam table and euros. Fundamentally, nothing electric steam table has changed is called from all sides. Well, it seems to me that there is indeed fundamentally electric steam table changed much, though it is only the role of banks and financial policy in the past decade. The decline is much faster electric steam table than expected and the whole financial system hangs with sticks and strings together. Rules out there are again and again adapted to the situation. Technically, there is currently a lot has changed. And the picture does not look good for both gold and silver. But the same goes for many other commodities, not to mention currencies. But we do have to keep in mind that we see everything from our perspective and that moment is still fiat money. In fiat money is inflation (which also can not be otherwise), but from eg gold is deflation (when this was supposed to remain stable). So tell me what's really going on. Is it perhaps the case that these two systems are not really compatible? And if you follow one system (cleave), you have to vilify? Another system It seems to me more a battle of ideologies and that has brought us a lot of trouble in the past.
Did not I read somewhere that gold could rise to 5000 and more ...?? But without the mass you're nothing. So if the masses do not want to jump in klatergoudbad you nowhere ... Back to square one, to the lower regions.
I even Sinclair, a bigger thick paid weirdo is not found, read 30k usd. That "the bottom is in" he has already declared x 313. Who believes that all still?
Did not I read somewhere that, according to insiders, electric steam table the current system is the only good. All that is needed is 'trust' in the ruling classes and their inimitable consistent policy? And trust prevails plenty, or am I mistaken there?
Problem is, that many are nothing electric steam table but the deflationary measures they take now. QE 1, QE QE 2 and 3 are one side of the coin, but there is also a further contraction is enhanced electric steam table by the leverage. Cuts, reduction of your disposable income, loss of confidence, lower velocity of money, which are all factors that a run-away inflation prevention and also ensure electric steam table that there is hardly any economic growth. Stagflation is called. You will of both sides 'caught' cause you real income is declining while everything just continues to be more expensive. All markets move currently opposed to fundamentals. What
No comments:
Post a Comment