21 sats \ 3 replies \ @jeff 5 Apr \ on: Gold gives a severe warning signal econ
If gold is moving in advance, given a risk of X, Y or Z, then why did it barely budge for basically 3 years, in response to COVID? Given that it barely reacted, that implies COVID was somehow "priced in", way before. Maybe gold investors are always pricing in the worst, rather than the best possible outcomes.
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0 sats \ 2 replies \ @TomK OP 5 Apr
Or they priced 'covid' as a clown flu with political motives
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0 sats \ 1 reply \ @jeff 5 Apr
How does that change the fact that more money was printed than expected?
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0 sats \ 0 replies \ @TomK OP 5 Apr
It doesn't. But they need events (like wars) to accelerate credit creation (money printing). Or clown stuff for iddiots like the clown flu
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