RE:RE:RE:RE:RE:The news today is very good imho
If your talking about the selling of gold it won't go on much longer inflation is real and real interest rates are negative even if the feds raise rates 3/4 a % as they have indicated real rates will still be negative
the government as in the 70s and early 80s they said we had no inflation until it was out of control
rate increases are also inflationary they make everything cost more with the huge government debt and personal debt I expect maybe 1 or 2 rate hikes that 1/4 to 1/2 % anything over that will cause more harm than good if they do get to that 3/4 hike I would think they would start to cut shortly after reaching 3/4 that being said inflation in USA running @ 6.8 % now and Canada @ 4.8 % I believe both these numbers to be understated by both governments
rates in both countries are negative right now USA trying to strengthen their Dollar so they can export some of their inflation to other countries they do this to Canada all the time
long and short is gold going to do very well with inflation outpacing interest rates the governments can only talk inflation down to a point the average person sees their dollars buying less every week
once this is realized by the average person wage inflation will kick in once that happens gold will be on steroids