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. ▲ 12 ▼ – Tseliteiv 12 points 97 days ago +12 / -0 Uhhhh, isn't it supposed to do the opposite when the economy collapses? lol. permalink save report block reply ▲ 2 ▼ – Wexit-Delecto 2 points 97 days ago +2 / -0 The price of “gold” reflects an inventory of “gold” that is 95% paper gold having no right of delivery, and 5% actual gold. The two need to bifurcate for gold’s true price to be revealed. Until then, keep stacking discount gold at the expense of everyone buying paper “gold”! permalink parent save report block reply ▲ 2 ▼ – Sumarongi 2 points 97 days ago +2 / -0 Nah it’s just you were paying a risk premium last week with the uncertainty of the electoral vote. Also the price of gold, in dollars goes down in a deflation permalink parent 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
Uhhhh, isn't it supposed to do the opposite when the economy collapses? lol.
The price of “gold” reflects an inventory of “gold” that is 95% paper gold having no right of delivery, and 5% actual gold.
The two need to bifurcate for gold’s true price to be revealed.
Until then, keep stacking discount gold at the expense of everyone buying paper “gold”!
Nah it’s just you were paying a risk premium last week with the uncertainty of the electoral vote.
Also the price of gold, in dollars goes down in a deflation
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.