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. ▲ 1 ▼ – factdigger 1 point 97 days ago +1 / -0 Nope, it's inflation going up along with bond yields. Gold has negative carry. Better own bonds, because they have positive carry and backed by Fed (that's the logic anyway). Big money needs to earn yield, they can't park in gold forever. Price Inflation will be the word of 2021, while the economy will continue to stagnate. This is poison for gold. permalink save report block reply ▲ 1 ▼ – Konsaki 1 point 97 days ago +2 / -1 Better own bonds, because they have positive carry and backed by Fed (that's the logic anyway). USD is losing value. US bonds are based off USD. Gold is 'universal' and not based off USD. 'It's better to have bonds over gold'. wat? permalink parent save report block reply ▲ 1 ▼ – factdigger 1 point 96 days ago +1 / -0 Positive carry and EM bonds. Institutions must produce yield. Don't be stupid, think it through. And don't trust me, look at gold price and international money flow numbers. permalink parent save report block reply ▲ 1 ▼ – Wexit-Delecto 1 point 97 days ago +1 / -0 Why would anyone buy bonds? You consider it wise to compete for those bonds with a party who can print money to buy them (the Fed monetizing treasury debt)? I don’t! permalink parent save report block reply
Nope, it's inflation going up along with bond yields.
Gold has negative carry.
Better own bonds, because they have positive carry and backed by Fed (that's the logic anyway).
Big money needs to earn yield, they can't park in gold forever.
Price Inflation will be the word of 2021, while the economy will continue to stagnate.
This is poison for gold.
USD is losing value.
US bonds are based off USD.
Gold is 'universal' and not based off USD.
'It's better to have bonds over gold'.
wat?
Positive carry and EM bonds.
Institutions must produce yield.
Don't be stupid, think it through.
And don't trust me, look at gold price and international money flow numbers.
Why would anyone buy bonds?
You consider it wise to compete for those bonds with a party who can print money to buy them (the Fed monetizing treasury debt)?
I don’t!