So, you're basically admitting that you have a built-in, fool proof 'out' to your sentiment...so you can never be wrong.
The data is behind the dollars move lmao.
So, let us get this straight...
If USD goes down overnight, which causes Gold to rise the next morning...you will say "I told you so" and "I was right". But, if USD goes up overnight, which causes Gold to go down...you will say "the data (or the USD) changed" like you are right now. LMAO. Priceless.
This is great.
We're all here making money...and you're doomsdaying, trying to time things and justifying yourself. It's comical.
Guess what. If "WHEN" does come for you...most on this board will have made a boat load more than you by catching the proper swings. All without the added stress of the chop. But, keep going...
Going trillions of dollars into debt for non existent growth makes ABSOLUTELY NO SENSE. Especially when debt was the problem to begin with.
People globally are mistakenly flocking to the dollar for safety not realizing we are making all the same mistakes as everyone else. Hence the dollars recent large decline due to the 'fed's comments on inflation being too low. Code for we are about to make a BIG mistake to TRY to artificially prop up the market by further destroying the dollars fundamentals and giving the bankers billions. Which is absolutely ridiculous.
In fact we lead everyone into removing the backing of our dollar in gold in 1971 due to military build up for the cold war and it was supposed to only be 'temporary' as well.
See a pattern forming yet?
Most people are stuck in cognitive dissidence and the belief that because everything looks okay today that it will be okay tomorrow. and we can go trillions into debt w/o consequences.
Believing in this would be insane, but I guess people have a herd mentality. Even if this is for some reason a small recession I will be one of the few that saw this coming.
Truth will prevail dollar will fall, consumer prices will rise, fixed income folks will be screwed, and gold/miners will rocket.
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