Post by
FastTrade on Sep 15, 2022 12:57pm
Fools believe in the Fed and sell gold
Investors are spiked out on the kool-aid the Fed has them high on.
They really believe the talk of a full one percent interest rate hike next week will be a powerful inflation fighter spurred on by what is in fact, pure Fed-speak nonsense.
The Fed will never get inflation under control with interest rates at a quarter of inflation levels, but will only stimulate it upwards to ever higher levels.
Its a fools sell-off believing in the Fed now who are destined to fail in this bogus inflation fight of theirs;
Its opportunity knocking for those who realize the Fed will lose all credibility as time and inflation unfold ever higher. Opportunity to buy low and wait for the masses to turn on the Fed later when they lose face with inflation.
What a no brainer ! ... as in what opportunity unfolding !
Comment by
fairdinkem on Sep 15, 2022 4:14pm
Guess thats why they call it: FOOLs Gold?
Comment by
fairdinkem on Sep 16, 2022 11:44am
Lets say my pockets are full of GOLD ounces, sold all of my GOLD/AMK shares,,,,,,, I sell my AMK shares and GOLD goes to $2000. level, I will s__t my pants and if others sell they will too. So I will not be selling untill I see the whites of their eyes,, untill the deal is done dealing!
Comment by
Stockmoves1 on Sep 16, 2022 12:41pm
For that reason FD I doubled in the past week and will triple if it drops more.... we are in a very good place with AMK/TUD