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Thursday, 07/04/2019 10:24:27 AM

Thursday, July 04, 2019 10:24:27 AM

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Articles like this I find humorous. The article notes that Wells Fargo says gold at it's current price is over-valued. LOL

The article talks about all the already low interest rates....that will for certain be headed lower as more money printing/easy money is made available. It mentions how right now German bonds are at NEGATIVE .30, so people are now paying .30 to hold a ten year German bond. The more negative they go the less attractive they will become. The whole world is headed in this direction and at some point the only Buyers will be the governments issuing them. How long will that last? I believe they're doing most of the buying now.

I firmly believe the U.S. will be in the same boat in the not too distant future.

https://www.kitco.com/news/2019-07-03/Could-Gold-s-Rally-Point-To-A-Real-Deflation-Threat.html
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