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Gold And Silver Have Turned The Corner

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Author Previous TopicReplies: 4 / Views: 1,576Next Topic  
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 03/16/2016  5:27 pm Show Profile   Bookmark this topic Add leon1998 to your friends list Get a Link to this Message Number of Subscribers
Federal Reserve can't raise the rate. US dollar is down the drain.

The stagflation has finally arrived.

Will stop by LCS this weekend. The owner of LCS really should thank Yellen.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 03/16/2016  8:06 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I don't think World inflation has come back just yet.
It most probably will, but not in the forseeable medium term future.
There was a time G20 countries had an average inflation rate of around 10%.
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 03/17/2016  8:29 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
At least, recent price action confirmed that gold and silver's breakout has been REAL.

GLD has been adding physical gold massively; its holding passed 800 tons as of now.
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 03/19/2016  1:36 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
Most recent weekly gold futures report showed that Market-makers started to close some short position. Apparently they're losing control and raising capital now.

Wow.
Pillar of the Community
Cascade's Avatar
United States
7390 Posts
 Posted 03/19/2016  1:55 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Nice
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