@TheProfInvestor Inflation adjusted-
Avg home prices measured in physical gold have averaged 16 lbs for nearly 100 years-
This chart is a nothing burger- wages are up- home prices are up- and presumably mortgage values should be down-
@TheApeOfGoldST You’re one of the smartest guys in this space I follow. Been following for a while—you’re slow playing me lol. What are you getting at on a Tuesday?
@DarioCpx Gasoline cracks widen seasonally every summer due to driving season + summer-blend specs. Avg summer gasoline cracks: ~$15-25/bbl normal (2021-25), 2022 outlier $40-60. Often +1-2SD above mean in peak season. Classic physical vs paper divergence.
@MBAeconomics1@snowflaksociety Bessent was talking about the US Treasury’s official gold valuation at $42 an ounce, not the market price you absolute clowns.
No correlation with $GLD whatsoever.
Am I the retard or are you two just decorative swans?
@MichaelPBento@saltydocEM This is exactly the kind of data point the yen bulls didn’t need — another catalyst for potential capital repatriation and further pressure on assets that have been funded by cheap yen borrowing.
What a mess
@GeorgeRoush Sure George- you went to Walmart store to verify the claim. Yes? Product goes from manufacturer to where? Your assertion is that product goes direct to store. How many days on hand do you think the dc’s has? the OP was product was about to run out from where?
@MichaelPBento I am absolutely leveraged to the tits downside before 4/30.
My ex wife will tell you I’ve been wrong before - hopefully not this time lol