132 🚨 The economic collapse has begun. Gold dropping like a rock! (media.patriots.win) posted 97 days ago by webthing 97 days ago by webthing +132 / -0 32 comments share 32 comments share save hide report block hide child comments Comments (32) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 30 ▼ – M34_DT 30 points 97 days ago +30 / -0 I thought gold prices would go up during an economic collapse permalink save report block reply ▲ 7 ▼ – slaphappy2 7 points 97 days ago +7 / -0 Exactly ! I think the Globalists are celebrating their defeat of populism. This is short-term noise. permalink parent save report block reply ▲ 2 ▼ – webthing [S] 2 points 97 days ago +2 / -0 https://www.kitco.com/news/2021-01-08/Can-gold-price-drop-below-1-800-next-week-Here-is-what-s-behind-the-shocking-selloff.html https://www.kitco.com/news/2021-01-08/Gold-price-getting-crushed-here-s-why-and-where-it-s-headed-next-Gareth-Soloway.html permalink parent save report block reply ▲ 2 ▼ – Klown_Schwab 2 points 97 days ago +2 / -0 There's a big fear that the ETF holdings will drop as President-elect Joe Biden is expected to be more successful at squashing the COVID-19 pandemic lol Biden's handlers plan on keeping the lockdowns and masks going until the middle class and small businesses are crushed. COVID19 is irrelevant permalink save report block reply ▲ 1 ▼ – defiant_liberty 1 point 97 days ago +1 / -0 A lot of investment strategists buy gold as a hedge, that if their investment gets ruined, they can sell gold to cover the losses. If the system collapses, there will probably be a massive selloff, followed by a massive rise. permalink parent save report block reply
I thought gold prices would go up during an economic collapse
Exactly ! I think the Globalists are celebrating their defeat of populism.
This is short-term noise.
https://www.kitco.com/news/2021-01-08/Can-gold-price-drop-below-1-800-next-week-Here-is-what-s-behind-the-shocking-selloff.html
https://www.kitco.com/news/2021-01-08/Gold-price-getting-crushed-here-s-why-and-where-it-s-headed-next-Gareth-Soloway.html
lol Biden's handlers plan on keeping the lockdowns and masks going until the middle class and small businesses are crushed. COVID19 is irrelevant
A lot of investment strategists buy gold as a hedge, that if their investment gets ruined, they can sell gold to cover the losses. If the system collapses, there will probably be a massive selloff, followed by a massive rise.