Open Thread


What's Your Take? Leave a Comment

Leave a Reply

  1. “Currencies will only underperform given the level of contagion, easing and generally bad psychology towards the financial markets. That’s when people flock to gold.”

    Wrong – people flocked to gold, past tense, and are still flocking to gold, present tense, on the expectation of future inflation. That goose is cooked. Gold will underperform inflation. Less “discovered” commodities will overperform.

  2. Currencies will only underperform given the level of contagion, easing and generally bad psychology towards the financial markets. That’s when people flock to gold.

    Gold has nothing to do with inflation anymore.

1 31 32 33 34 35 38