The Midterms and Precious Metals
FHC
Posts: 323 ✭✭✭
Thanks for the opinions. Well apparently the midterms didn't have much effect on the metals, just the stock market. Upward trend on the stock market might keep metal prices lower. Stack on fellow stackers!
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"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
There is a very interesting interview with Dr. Dave Janda on Greg Hunter's WatchdogUSA website. I've heard of Dave Janda before, but this is the first time I've listened to any of his stuff. Very very interesting.
I knew it would happen.
I would anticipate that:
If the dems win the house, the expectation will be more infighting/turmoil/and lack of forward progression.
Therefore, I would expect the stock market to be volatile and move downward.
There, I would expect PMs to edge up....as a counter.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
It all depends on who wins control.... As Bochiman said, lack of progress will cause turmoil and market slump....Cheers, RickO
Zero effect. Both sides just a bunch of liars and cheats. Willing to sell out America for their own personal gains. Debt increases and paper ponzi bubbles increase no matter who's running the show. Semper Fi! Stack on!!
The whole worlds off its rocker, buy Gold™.
I see no effect and zero correlation.
HE>I
Don’t see anything moving short term , the bigger question is , “how many bubbles are out there? And does digging a bigger debt hole even matter anymore? I see college loans and increasing debt a HUGE problem, plus complete lack of faith in either side with any plan to fix anything.
you could put this in the "Gold Is Always Better Than Money In The Bank" thread.
I think bigger debt will matter later, but not right now. sure gold has tripled since 2004 and the national debt, too; but, there is the 'no end in sight' thing to the national debt. the time for action is now and that's not happening under the republicans and the democrats haven't any new ideas. why isn't gold at $5,000 ? Lack of fear.
The effect of midterms on gold: none. there is no fear.
The mid-terms will have little effect - or significant effect.... depending on which way they go...Of course, it will all be nothing compared to what could happen when the big bubble bursts.....Cheers, RickO
interest rate hikes are the current motivator.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
The only thing that is certain, whatever the expectation, expect the opposite. Politics and market predictions don't work very well.
Bump
not to go off topic but my daughters are both near full term.
HE>I