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Re: Where do you rate current US economic conditions?
Keep in mind that the Fed's QT effort is barely underway because there aren't enough maturing MBSs to roll off their balance sheet. It's not like they are,selling any bonds. Historical… (View Post)2 -
Re: How did gold get to be so much more expensive than platinum? I thought platinum > gold
Since 2015 the single biggest reason is likely the VW diesel emissions scandal. Platinum is heavily used in diesel catalytic converters. Afterwards, diesel engine use in new cars fell dramatically. T… (View Post)3 -
Re: Where do you rate current US economic conditions?
Pulling money from a savings account and buying CDs and money markets doesn't affect savings at all since they are all part of the broader M2 money supply. The chart more accurately represents p… (View Post)1 -
Re: Is a bit coin a good investment?
99% or more of all people with significant wealth generated in the crypto universe are either early adopters who HODL'd, platform developers/creators, or miners. Despite all the daytrading and d… (View Post)1 -
Re: How do the big bullion dealers handle dropping prices?
They hedge themselves by shorting futures contracts in the underlying metal. That way they don't lose if prices fall while they are holding inventory but also don't reap profits when prices… (View Post)5
