Replies to post #44004 on Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

Agreed.. Trump is a gold bug and understands far more then he lets off about the bubble imo..

https://www.usdebtclock.org/gold-precious-metals.html

He's set up the perfect excuse WHEN we go into recession. He can now blame the socialists and the Fed for the market during the 2020 campaign. Once everything is in place for reelection and push for a gold backing..

Found these with a quick youtube search just now. I'm sure there's more.. Good vids if you ignore the hosts and focus on the very important points/rumors..

Judy Shelton on the Fed board..

No tariffs and even playing field reserve currency backed by gold inevitable.

All my opinion.

Goofy video but brings up a common theme in Trumps life.. Ignore the fems created by the bubble.. lol

Who knows.. I'm buying dips because I know it will be higher then it is.

The Bretton Woods system itself collapsed in 1971, when President Richard Nixon severed the link between the dollar and gold — a decision made to prevent a run on Fort Knox, which contained only a third of the gold bullion necessary to cover the amount of dollars in foreign hands.
-wikipedia

It's been a terrible experiment since 1971 imo..

People laugh when you bring up gold.. so save the ridiculous conversations and know what you own..

First they ignore you, then they laugh at you, then they fight you, then you win.

-Mahatma Gandhi