51–60 of 86 posts
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In an inflationary economy like the one we have, "the market is at all time high" is not really a useful statement since it's the normal state of affairs.
Sure, but gold and many other assets are at a 50-year high even when adjusting for inflation: https://www.gurufocus.com/economic_indicators/4534/inflation...
It’s the debasement trade. Going off the gold standard in the early 70s started the eventual snowball of the USD currency collapse and the last few years has picked up steam. No political party will ever choose to fiscal prudence when they can just print print print. This is why Bitcoin exists.
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Can you tl;dr?
Couldn't find a non-paywall for it, but Google AI mode managed to give a brief summary: Gold prices are rising sharply, suggesting investor concern about currency debasement through inflation, while the bond market forecasts long-run inflation will remain near the Federal Reserve's target. This discrepancy is likely driven by separate narratives, with gold potentially fueled more by central bank diversification and s…
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Losing faith in the value of the dollar in the face of our crazy fiscal position? The one thing that baffles me is energy prices. We haven't seen this oil/gold ratio since the pandemic, when demand for oil plummeted.
EVs and renewables might account for reduced oil price.
feels pretty relevant again...
To teach my daughters about investing when they were young, I gave them some actual silver coins that I purchased — thinking these are tangible things, they can track the price. Of course I bought at the peak. They're adults now but just might be seeing a profit on their coins. I suppose lesson learned?
There is a time to buy, a time to sell, stocks and gold go through clear cycles where one outperforms the other, currently stocks have been outperformed by gold for 25 years. My kids bought silver recently and are up 17% in about 2 months.
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Most of the market's upward movement is from a few stocks that are getting lots of juice from Federal policy. Gold and silver are at record levels because of capital fleeing fiat due to lack of confidence in central banks -- Trump is actively attacking the US Fed trying to destroy Fed independence. Because the dollar is the world’s funding and invoicing currency, big moves by the Fed reset global financial conditions…
> Gold and silver are at record levels because of capital fleeing fiat due to lack of confidence in central banks -- Trump is actively attacking the US Fed trying to destroy Fed independence. That may be part of it. But another part is the US deficit. There is no way that's sustainable. The Fed can't fix it; Congress has to. And do you see any reason to hope that Congress will?
The problem is not congress itself but the peoples' lack of desire to hold members of congress accountable...
Gold and silver hitting all time highs, stock market at insane levels. We have an asset bubble even though interest rates are high. Why is this?
Wealth is becoming more and more concentrated at the top end of the distribution. Folks at the high end have a lower marginal propensity to consume, and thus invest more in assets. This increase in demand causes all assets to rise.
Gold is totally irrational if you think you'll have the reigns of the country, since you will always win having land and factories under that scenario.
It signals the rich think they're losing control.
45 year cup and handle patterns playing out in gold and silver, both going much higher -- governments cannot borrow their way out of debt, current paper currencies going to zero value over time -- Dow down over 70% measured in gold over last 25 years -- etc. etc.