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Gold hits all time high

goldprice.org

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Re: Gold hits all time high

#5

Post by foxyv »

TulliusCicero wrote: post #2

Is that nominal or inflation-adjusted?

Considering how our fiscal conservatives are trying to switch the money printer to turbo, I would say it's probably inflationary combined with a lack of confidence in the stock market.

Re: Gold hits all time high

#8

Post by jader201 »

foxyv wrote: post #5
TulliusCicero wrote: post #2

Is that nominal or inflation-adjusted?

Considering how our fiscal conservatives are trying to switch the money printer to turbo, I would say it's probably inflationary combined with a lack of confidence in the stock market.

> lack of confidence in the stock market.

Considering most stocks have been equally increasing/at ATH, I’m not sure that’s the reason.

Re: Gold hits all time high

#9

Post by vdupras »

devmor wrote: post #7
nixass wrote: post #3

Other than for few years in mid 2010s gold seemed to be at ATH most of the time

Yeah I do not see why this is worthy of interest. Gold is pretty much always appreciating.

What is unusual is for gold to perform better than stock indexes, which it has been doing by a significant margin in the past year.
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