@BostonBogey I don’t think you inderstand what gold bonds would really mean. It would mean a rush into Treasurys and the USD, which would decimate gold (and silver) prices.
@freedom_rpt If they do (I don’t think they will), the gold price will plummet. The USD will surge, as will demand for US Treasurys. People who don’t understand markets and politics should be careful what they wish for.
@BankerWeimar Don’t fall for this cheap reverse psych post. Fact of the matter is, there’s a tremendous amount of truth in his sarcasm. Prices are and will continue to fall sharply. Believe your eyes, your pocketbook and closely monitor the upcoming actions of the Fed. Rate hikes are coming.
@PeterSchiff Your credibility is tarnished because you’ve been so unbelievably wrong about gold and silver and not because you’re right about Bitcoin (not saying you are).
@ubergeek911@Dioclet54046121 “Ultimately” is too long for the avg human lifespan. Consider this: The 1980 inflation-adjusted price for gold was about USD 3500. Over the span of 46 years, the gold price has managed to inch up by a paltry USD 1000, while money supply has grown exponentially. Let that sink in.