Precious Metals Prices continue to erode.
jmski52
Posts: 22,854 ✭✭✭✭✭
If there's ever been a contra indicator on where things are going, it's this strange phenomenon that causes precious metals to decline while the debt continues to climb, along with the stock market.
Martin Armstrong explains things in terms of international money flows in response to interest rates and sovereign debt default risk. He does indicate that much can go "poof" in an instant, because there isn't a sophisticated enough computer program in existence to prevent a meltdown from happening.
Martin Armstrong explains things in terms of international money flows in response to interest rates and sovereign debt default risk. He does indicate that much can go "poof" in an instant, because there isn't a sophisticated enough computer program in existence to prevent a meltdown from happening.
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
I knew it would happen.
0
Comments
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Too many positive BST transactions with too many members to list.
<< <i>If there's ever been a contra indicator on where things are going, it's this strange phenomenon that causes precious metals to decline while the debt continues to climb, along with the stock market.
Martin Armstrong explains things in terms of international money flows in response to interest rates and sovereign debt default risk. He does indicate that much can go "poof" in an instant, because there isn't a sophisticated enough computer program in existence to prevent a meltdown from happening. >>
Stop listening to people who dont really understand intermarket relationships.
Derryb is closest to the simplicity that are markets.
Knowledge is the enemy of fear
In Euros, gold is doing very well.
Euro going sub 1 to 1 soon… imo.
<< <i>
<< <i>If there's ever been a contra indicator on where things are going, it's this strange phenomenon that causes precious metals to decline while the debt continues to climb, along with the stock market.
Martin Armstrong explains things in terms of international money flows in response to interest rates and sovereign debt default risk. He does indicate that much can go "poof" in an instant, because there isn't a sophisticated enough computer program in existence to prevent a meltdown from happening. >>
Stop listening to people who dont really understand intermarket relationships...... >>
Armstrong certainly isn't one of those who doesn't understand intermarket relationships. Fortune 500 companies and governments come looking for him for advice on those same intermarket relationships. He's nailed most markets for the past 10-15 years.
<< <i>Gold is doing well in view of the strength of the dollar.
In Euros, gold is doing very well. >>
Proof that local currency strength/weakness affects local gold price. It's a world-wide inverse relationship most of the time. Dollar up, gold's dollar price down. Euro down, gold's euro price down. (Currently, same relationship with gold and oil.) Indicates that gold is currency protection and that a currency can be gold protection. Stronger oil and weaker dollar are what will raise gold price. An unforeseen crisis can change everything.
How long the economic planners (manipulators
Currently a gold bull market in europe.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey