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Myth #9: Inflation makes gold and silver go up


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2014 Dec 13, 11:54pm   1,102 views  4 comments

by darlag   ➕follow (1)   💰tip   ignore  

This one seems like a no-brainer. The government or the central bank prints more bonds, notes and bills, and prices for things go up in response. Gold is real money, so it must fluctuate along with the inflation rate. Right?

http://www.globaldeflationnews.com/dont-get-ruined-by-these-10-popular-investment-myths-part-ixthe-latest-report-from-elliott-wave-international/

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1   Tenpoundbass   2014 Dec 14, 1:56am  

Gold will be back to $300 an ounce before this is over.

Oil goes to $40, gas goes to less than $1.99 interest rates goes through the roof, banks start paying savers. Jobs start appearing around the globe. Companies start being lucrative because the American congress (Should be by that time) is out of the creating winners at the expense of everyone, else business. The whole global economy con job starts to fall apart. Nations start to pull of it, and begin trading and selling of their own accord, without seeking permission from a panel of Global Liberal creeps.

Gold and Silver falls through the floor into a massive sinkhole, Bulls commit mass suicide, to the rejoice of the poor around the world.

2   tatupu70   2014 Dec 14, 2:21am  

CaptainShuddup says

Companies start being lucrative

Companies were more lucrative than at any point in history before oil started dropping.

3   Tenpoundbass   2014 Dec 14, 2:34am  

tatupu70 says

Companies were more lucrative than at any point in history before oil started dropping.

You mean the few monopolies in the various industry verticals around the world that our Congress in conjunction with Barack Obama helped architect. They were more lucrative than any point in History. And our federal Economic monetary policy is...
"Look GUYS! It costs what ever the fuck they say it COSTS, just pay it and Shut up already! and when I call your name please step forward and get your pink slip or foreclosure notice. The rest of you get back to your part time job."

There's been a fuckload more of that than there has been...
"Wholly Shit! Look at the millions I just made by investing an extra $20,000 in Facebook!"

I think this is what Perter P was talking about when he said you can have the wrong perspective of the reality by environment or internalized perceptions of your environment. Like you honestly believing the world is rocking because you've got a handle on your brokerage account.

4   tatupu70   2014 Dec 14, 2:55am  

CaptainShuddup says

You mean the few monopolies in the various industry verticals around the world that our Congress in conjunction with Barack Obama helped architect.

Nope--I mean corporations in general.
CaptainShuddup says

Like you honestly believing the world is rocking because you've got a handle on your brokerage account.

lol--The next time I need you to tell me what I believe, I'll let you know. The world is most definitely NOT rocking now, and unlike you, I understand why.

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