Inflation doesn't track inflation unless you look at multi decade time frames. It tracks real rates. Fed tapering and rising rates is bad for gold because gold competes against the risk free rate. This is gold 101.
#Gold has been the same price for 10 years… actually not a hedge against inflation at all… you lost 10 years of purchasing power. I see gold going to 1500 by this years end as more of that market cap will be going to #bitcoin.
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Gold And Inflation
Inflation doesn't track inflation unless you look at multi decade time frames. It tracks real rates. Fed tapering and rising rates is bad for gold because gold competes against the risk free rate. This is gold 101.
The Real Price Of Silver: $2,000/oz?
Couldn't agree more!
Gold Forecast: Gold Shows Hesitation To Continuing Higher
$BTG! It's a great gold stock. One of the best - $9 target and great dividends.
Silver Is Your Inflation Protector
#Silver is a must own. I prefer physical, but I do love miners. Commodities over the next 20+ years will do just fine. $GLNCY, $GOLD, $SILJ and $NAK.
Dogecoin's Climb To $1 By Year-End: A Possibility Or A Pipedream?
When can we get a price on this coin? It is still just a CUSIP with info pending.
Larger Deficits Mean Higher Inflation
#Gold has been the same price for 10 years… actually not a hedge against inflation at all… you lost 10 years of purchasing power. I see gold going to 1500 by this years end as more of that market cap will be going to #bitcoin.
Gold Market Update - At Critical Juncture Now...
Good read. What's your current take on gold? And who is the Larry you refer to in your article?
Gold Price Outlook Hinges On Updated Fed Interest Rate Dot Plot
So... Gold at risk, maybe, maybe not… only focus is on fed, forgot to factor in wealth preservation, Basil III actions.
A Fair Price For Gold – $1000 Or $2000?
I vote for $10,000
How Euro’s Troubles Can Exacerbate Gold’s Woes
ECB buying down rates means Fed free to do the same w/o harming bond demand. Lower world wide bond rates is good for Gold. All eyes on Fed next week.