Loading ...I fear no deflation!
If you insist on being a strong hand, going long and never selling, even within a deflationary event, may I recommend you the deflation resistant XAUGBP? The weakness of the British pound is astounding!
I’ll also add this chart as a possible target, no overhead resistance. Less sexy than gold expressed in usd… but lower risk.
You should chart these before !!!!
https://spockg.com/2019/01/01/deflation-hedge-strategy/
yeah, as if oil has shown signs of collapsing down to the $20+ levels. Right. And in a deflationary environment, cash grows in value, last I checked. Things get cheaper, right? So holding cash means you get more for your money. Isn’t that the game we are all playing???
What I meant and should of said is meltdown/crash.. I was thinking deflation of the price of gold.. not deflation as you guys are rightly thinking of.
On a side thought.. I listened to a podcast where they theorized that gold would not crash in the event of a stock market crash. The idea was in 2008, people were actually holding gold to sell… now, nobody is holding any. Now, who are these people they were talking about… losing my memory…
Patrick, Is Natgas fall a sign of deflation…or unusual seasonal adjustment ?
I don’t know what the implications are for falling natbgas prices, other that there are more sellers than buyers. I just recently started learning about macro drivers, mostly related equities and gold. #newbie
Depending on what China’s next move is in the trade war…a reasonable expectation could be to defy the Iranian sanctions on oil imports and attack the Petrodollar…