OTCPK:KRCLF - Post by User
Post by
Farquaron May 02, 2022 10:05am
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Post# 34647298
They say that gold is down because yields are up
They say that gold is down because yields are uphahaha....What a joke the markets are...Nobody in their right mind is going to invest in US treasury bonds when the currency is losing it's value at 15% to 20% annually...If you buy a 2year treasury , you are guaranteed it will lose you 15% this year and 15% or more next year...These .50% or even .75% interest hikes are not going to make up for an inflation rate at 15% !! In Germany, europe's strongest economy, their latest PPI came in at almost 31%!!! Are germans going to park their money in US bonds? I don't think so...Nobody is going to park their money in fiat currency instruments when all fiat currencies are losing such large chunks of purchasing power...This beat-down of gold and silver is obviously a fraud and a scam...