OTCPK:MEAOD - Post by User
Post by
goldhappyon Apr 04, 2018 12:56pm
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Post# 27829684
Inflation and gold
Inflation and goldThe old guys know all about inflation. Seems to me high interest rates were used to cut the head off the beast in around 1982.
2008 the bailout years interest rates were driven down for various reasons to try and get the economy moving.
2018 the market is at breaking highs. Banks are raising interest rates.
We know inflation is all around us from food to energy and let's not forget housing and autos.
Gold will go up with inflation. Gold will go up on demand as a safe haven.
How long will it take for the next recession. Seems to me MTO increased production will be perfect timing. This perfect timing might bring suitors. Seems MTO is a great hold.