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soothsayer

(38,601 posts)

1. Hmm, this helps Drumpf's pick for the federal reserve lady who loves the gold standard?

Reply to ansible (Original post)

Fri Jul 24, 2020, 08:27 PM

Jul 2020

Idk

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Gold Prices Set To Smash Record As Wall Street Shuns The Dollar [View all] ansible Jul 2020 OP

Hmm, this helps Drumpf's pick for the federal reserve lady who loves the gold standard? soothsayer Jul 2020 #1

Just be aware that gold is a highly volatile investment. (Some people think it is a "safe" hedge progree Jul 2020 #2

There are no storage costs and fees when you buy a gold ETF like GLD. former9thward Jul 2020 #6

It's part of the ETF's operating expense. And I disagree that its a good investment though progree Jul 2020 #7

Moat 401Ks don't earn anywhere near 10 percent a year. Mosby Jul 2020 #19

I'm talking about an S&P 500 or Total Markets index over the long term progree Jul 2020 #20

So the people who invested in gold 10 yrs ago are just now breaking even MichMan Jul 2020 #3

It's not so much gold increasing in value ansible Jul 2020 #4

The dollar hasn't lost value against gold in the past 10 years that MichMan used as an example progree Jul 2020 #5

Everyone should always keep some gold in BigmanPigman Jul 2020 #8

Gold doesn't look smart and safe to me. progree Jul 2020 #9

If you look at that chart half are above 50 and half are below it, overall. BigmanPigman Jul 2020 #10

I must be looking at a different chart. What's the "50"? And any investment is half the time progree Jul 2020 #11

That chart looks different than the first one posted BigmanPigman Jul 2020 #12

I'm not following. Can you post the link to the "50/50" chart? And please explain the 50/50? progree Jul 2020 #13

I looked at the link and see the image but don't know how to BigmanPigman Jul 2020 #17

I am at a complete loss as to how the gold-to-silver ratio over time shows that gold progree Jul 2020 #18

Smells like a dollar crisis to me. roamer65 Jul 2020 #14

Tansy Gold has been posting the dollar chart in her daily Stock Market Watch thread progree Jul 2020 #15

THIS. roamer65 Jul 2020 #16

Not this shit again. Xolodno Jul 2020 #21

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