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Author
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Topic: Gold Goes Up, Interest Rates Come Down!
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Randall
Webmaster Posts: 112365
From: From a galaxy, far, far away...
Registered: Apr 2009
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posted June 15, 2019 06:33 PM
  
When gold rises, that's a sign of a bad economy. Yet, the impossible is happening. The economy has never been better. On top of that, interest rates are expected to continue to drop. Furthermore, despite crazy Iran affecting the world's supply of oil (but not ours), and despite the tariff war with Iran (which has already destroyed their auto market), the DOW is still high. This is what capitalism can do. This is the effect of cutting taxes combined with deregulation. Thank you, President Trump! IP: Logged |
jwhop
Knowflake Posts: 12933
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted June 17, 2019 03:40 PM
quote:
Originally posted by Randall:
When gold rises, that's a sign of a bad economy. Yet, the impossible is happening. The economy has never been better. On top of that, interest rates are expected to continue to drop. Furthermore, despite crazy Iran affecting the world's supply of oil (but not ours), and despite the tariff war with Iran (which has already destroyed their auto market), the DOW is still high. This is what capitalism can do. This is the effect of cutting taxes combined with deregulation. Thank you, President Trump!
 Yes, Thank you President Trump. IP: Logged |
iQ
Moderator Posts: 5769
From: Lyra
Registered: Apr 2009
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posted June 17, 2019 03:48 PM
Gold is rising because the Tax Cuts are yet to dent the deficits as anticipated, hence big shots are hedging with Gold in case of a currency collapse.And Tariffs are against the policy of De-Regulation, Tariffs are actually like Socialist Protectionism. This is why Farmers in USA have to be subsidized by US Government, again a Socialist tactic. A rigorous Gold Audit of Fort Knox, and a re-look into the Federal Reserve Structure would be a real bold move by Trump to actually fix the economy for good by taking it way from the Banking Cartels. BTW, Iran is 100% innocent of the Gulf of Tonkin type attacks. Pompeo and Israel and Wahabbi Saudi want an Iran War to divert attention. Same tactic used to invade Iraq, there was never any WMD. US got 5000+ body bags as a result and trillions of dollars lost. Iran has no resources to take on USA, why would they invite a war? Pompeo is a mad Christian Evangelist who believes in Rapture. At least Trump is an Atheist, hope he reins in the Evangelist Wet Dreams of World War 3. IP: Logged | |
Lindaland
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