Inverse ski slope... gold 1621.50 silver 40.51

2 posts / 0 new
Last post
Violent Rhetoric
Violent Rhetoric's picture
Offline
Joined: 06/16/2011
Hat Tips: 475
Posts: 219
Inverse ski slope... gold 1621.50 silver 40.51

5:52 CT...The two charts [so far] are kind of the inverse of the popularity of Congress and the WH.

http://www.kitco.com/charts/livesilver.html

http://www.kitco.com/charts/livegold.html

This keeps up I might have to cash in a little GLD & SLV tomorrow and buy that accuracy international toy I've always dreamed of. smiley

Edited by admin on 11/08/2014 - 06:05

__________________

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.

This is known as “bad luck.”
~ Robert Heinlein

Pyrat
Pyrat's picture
Offline
Joined: 06/22/2011
Hat Tips: 293
Posts: 21
Does this make sense?

Shouldn't the inability to decide to raise the limit and spend a lot more be anti-inflationary?

I'm thinking that an agreement is going to cause a short-term drop in Au and Ag, even though an agreement is going to be good for both in the long-run, meaning a quicker collapse of the dollar. Neither party is serious about cutting spending.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "Inverse ski slope... gold 1621.50 silver 40.51 "