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Gold price to drop 16% to $1,500 in 2022, 2023 doesn't look any better - ABN AMRO

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  • JimTylerJimTyler Posts: 3,725 ✭✭✭✭✭

    @derryb said:
    profits from gold are not really profits. when sold they provide you with dollars that you protected from inflation's dollar devaluation.

    Is that how the taxman sees it ?

  • derrybderryb Posts: 37,619 ✭✭✭✭✭

    @JimTyler said:

    @derryb said:
    profits from gold are not really profits. when sold they provide you with dollars that you protected from inflation's dollar devaluation.

    Is that how the taxman sees it ?

    no, it's the only case where you pay taxes on your insurance proceeds.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • blitzdudeblitzdude Posts: 6,515 ✭✭✭✭✭

    OMG the FED is possibly gonna raise interest rates .25% in March, hurry up let's crash the price of gold. This planet gets stranger by the day.

  • bidaskbidask Posts: 14,022 ✭✭✭✭✭

    I just read Goldman has a target on gold in 2022 ...of 2150

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • JimTylerJimTyler Posts: 3,725 ✭✭✭✭✭

    Don’t worry about the recent price drop. Our dollars are worth A LOT more.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,571 ✭✭✭✭✭

    @Wingsrule said:
    Nice week for all the metals, especially Pd.

    Though not such a nice week or month or two, for Amazon , and others.

    " When there is blood in the streets..."

    ``https://ebay.us/m/KxolR5

  • jmski52jmski52 Posts: 23,225 ✭✭✭✭✭

    PMs have been getting clubbed like a baby seal lately. It's a good thing they have the debt under control. sarc/off.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rooksmithrooksmith Posts: 1,048 ✭✭✭✭

    I disagree with the premise that this year will be the same as last year with regard to any asset class!

    “When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
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