Gold extended gains to its highest level since May while copper advanced as the latest comments from Federal Reserve officials bolstered bets the US central bank will start cutting interest rates next year. Michael Cuggino of the Permanent Portfolio Family of Funds talks about hit outlook for the metal, the dollar and fixed income.
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Speculation on gold prices
Pumping and dumping on gold prices
Watxh how quickly all these clowns start saying they are finally overwieght when its at 5000
Fiat-bros know that coochie stained green paper is the pinnacle of money and gold is only a cheap substitute.
It's not because of rate cuts. It's because the long term interest rates are going to skyrocket after QE.
bitcoin > gold
Devolva o canal do cara
Prices of day to day use things r skyrocketing. Things r damn expensive ; no matter as compared to our income. How can Fed cut rates whereas nothing has been achieved. I don't believe in forged and manipulated CPI numbers I monitor real prices closely and nothing has changed if already elevated prices of day to day living items haven't gone up but they are stuck high. Nothing is going down. Please compare anything you bought 2 years back has gone up 60 to 70%. Fed is fooling people. They gotta hammer down inflation in serious manner not pausing. Majority of Tech or other companies are showing huge profits beating expectations and economy is so strong and Fed should start cutting rates what a joke.
Gold is real money