Money & Economics

bigredfish said:
Somthin going on with Gold...

Is it a short squeeze on physical?
Will it shoot up and then crash 30%?
Revaluation?

Gold is the canary in the coal mine. There are no sellers only buyers.
Can big bullion banks deliver? Is there liquidity? Or is there way more paper gold than physical?
Why are big Central Banks like the US buying huge for the past 3+ months?

Is war coming?
Are we crashing the dollar (on purpose)?

I dunno, but somethin's up, and gold is usually thought of as hedge against inflation and an asset for bad times

Gold Futures Top $3,000 For First Time Ever​

Gold Futures Top $3,000 For First Time Ever | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
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Gold .. looks like move away from Risk, weaker US Dollar .. war which is already here, looks to expand now ..
 
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tigerwillow1 said:
View attachment 216721
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LOL I see 3 different spot prices. Understand its a 24 hour moving target.

ComexLive showing last trade at $2998

As on Friday, 14 Mar 2025 00:41 AM, GMT Time
Last Trade on 14 Mar 00:30 AM, Market Open

comexlive.org

Comex Live Gold Prices | Comex Gold Live Charts | Comex Gold Live Rates | Free Comex Gold Tips | COMEX Live

Get free Comex Gold Tips. Comex Live Gold prices and charts. Comex Gold Live chart with Volume, OI and Prices. Know about Comex Gold lot size and margin requirement.
comexlive.org comexlive.org
 
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I'm not a financial advisor and this isnt financial advice. You'd be better off listening to your Cat than me..

However, I will be making double sure my 401K $ are in a nice boring safe MM fund that pays effectively ZERO but doesnt lose money during a downturn,.

 
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Nothing Good Happens Below the 200 day Moving Average​

 
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Sure, if you can catch the bottom

Whats that saying? The market can stay irrational longer than you can stay solvent..? ;)
 
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bigredfish said:
Sure, if you can catch the bottom

Whats that saying? The market can stay irrational longer than you can stay solvent..? ;)
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100% irrational .. yeah, some logic when you dig into the FX data

Money is flowing out of the USA since the Peak in Feb 2025 ..

buckle up buckos
 
I don’t think what we are seeing right now is irrational. Just quoting an old saying.

As I have been saying, we’re due for a large correction and recession. Housing and equities are stupid inflated, we’re already seeing the housing problems starting. Will be a buyers market soon but not yet.
 
bigredfish said:
I don’t think what we are seeing right now is irrational. Just quoting an old saying.

As I have been saying, we’re due for a large correction and recession. Housing and equities are stupid inflated, we’re already seeing the housing problems starting. Will be a buyers market soon but not yet.
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Keep seeing reports that Trump wants a significantly weaker US dollar .. that's going to bring up inflation for a lot of imported goods

and the Fed seems to want to keep rates higher to battle inflation

wondering still how this will unfold
 
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Costco inflation ..

1997 to today ..

1743533427137.png
1743533530306.png

 
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