Gold
#1
The markets don't lie. 

Inflation is on the way.

https://www.bullionbypost.co.uk/gold-pri...e-history/
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#2
Gordon Brown sold all of ours.
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#3
(07-27-2020, 07:44 AM)SausEggBaton Wrote: Gordon Brown sold all of ours.

I suppose Proth. being as smart as he is, bought it
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#4
you're indestructible, always believe in your soul.



Strange thing gold, you can't eat it, it won't keep you warm, it doesn't really make anything functional, it's sort of not important. It doesn't strike me as anything that is that scarce.

Yet it's so valuable. Makes you wonder about us, don't you think?
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#5
(07-27-2020, 10:50 AM)Shabby Russian Wrote: Yet it's so valuable.

In a world of zero interest rates, suppressed growth, suppressed wages and negative bond yields gold is a powerful store of value.

As interest rates and negative bond yields will be locked in by self serving governments and their rancid central bank partners the argument for gold has never been stronger.

Over $1900 / oz this morning. Lump on $2000 / oz before the year's out.
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#6
Some figures I read the other day.
About 80% of all gold ever hewed out of holes in the ground is currently stashed in vaults in holes in the ground !
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#7
$1997 /oz today. Should break $2000 /oz in days.

Dollar losing value too, zero confidence in Trump.
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#8
(6 hours ago)Protheroe Wrote: $1997 /oz today. Should break $2000 /oz in days.

Dollar losing value too, zero confidence in Trump.

There's been confidence above zero for Trump?
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