Caveat emptor. Only when tide goes out do u discover who’s been swimming naked. “This sucker could go down”. “Deja vu all over again” Rabbit in the headlights?
Luke, as a reminder interest rate is the opportunity cost of gold. It is currently approaching 5% across the curve. Gold is struggling because of USD strength and higher bond yields (& expected Fed hikes). Could higher yields lead to financial market turbulence? Of course. Should that happen gold could catch a bid again as people re-assess interest rates
@sheepmainstreet@LukeGromen Come on mate, you’re making it up as you go along! Liquidity is HOT. Of course this can change. But to argue that gold price falling because of lack of liquidity is without foundation
@carlgomb@johnthejack I think the US is in danger of becoming Man Utd. Dominant for many years, huge fan base. But assume it always has to be that way - and poor management leads to uncontrollable decline
Jensen screwed one chinese lady with consent, and whole world talks about it …
… while one chinese stonk is screwing millions of us on a daily basis without consent, and not a word 🥹 $BABA
40% cumulative inflation in a decade.
How did that happen?
Trillion-dollar deficits.
Exploding national debt.
Money printing.
A Fed that fanned the flames.
When fiscal and monetary discipline disappear, Americans are left paying the bill.
@MortimerleePaul@RBCBlueBay@FinancialTimes Supply side reform eg deregulation in housing, will undoubtedly ease house prices. And this is Government business. @bankofengland business is to raise rates and flatten yield curve; base rate is demonstrably low, as evidenced by 2&10y Gilts…
@RBCBlueBay Mike Bell writes in @FinancialTimes about future monetary stimulus to help housing market. He forgets about excessive money supply growth, about unaffordable house prices, excessive speculation in stock & crypto markets, and last but not least excessive wage settlements & core inflation! Rates must RISE Mr Bell to correct all above. Mortgage holders are not the priority @MortimerleePaul@MartinSLewis@Frencheconomics@FraserNelson
@PeterSchiff Crypto is the perfect manifestation of #EverythingBubble + unscrupulous promoters & players (from money launderers to Saylor etc) + a tech “advancement” & “liberation from establishment” BS. Expect a price closer to $10-15k in next years