Post
Topic
Board Economics
Re: CNBC: The US economy suddenly looks like it's unstoppable
by
Jennifer_Elam
on 08/08/2018, 19:48:21 UTC
If US is getting the money Gold should go to $2100/ounce and Silver to $80/ounce. America has wars all over the world and Americans talk about Gold standard. Gold and Silver (bullion) protects people's wealth against wars, inflation/price rise.

In 2012, there were lots of internet talks "Buy one ounce silver. End the Fed" then silver fell to $9/ounce.

Mark Mobius is an emerging markets fund manager and founder of Mobius Capital Partners LLP. Mark Mobius says there will -30% fall in stock markets. The last time there was tariff wars (as stated by Donald Trump), S&P500 fell by -30%

The money will come to Gold and Silver.

Money will not go to Gold and Silver as long as future contracts exist to keep the price down. You are just trying to sell a product.

This is not a clear sign of improvement in the economy. Good numbers for one month are just a short term boost. Then we'll have regression and poor print outs for a few months, just wait. The US economy has absolutely no reason to be firing away like this.

Britain had a similar swing earlier this year to. Some of the best print outs followed by some of the worst. Fluctuations are fluctuations.