Goldtent TA Paradise

Geopolitical

1. North says:

   January 2, 2020 - 9:40 pm at 9:40 pm

   A big event shaken together with FED printing money as fast as they can.

2. Karl says:

   January 2, 2020 - 9:47 pm at 9:47 pm

   You are right, I am afraid. As so many people have been commenting for so long, there’s an element of “be careful of what you hope for” in many scenarios of rising precious metals prices.

   From my understanding, many Iraqis will see it as an act of war since one or more Iraqi PMU (Paramilitary Unit) officials were killed, and since it was an apparent bombing of an Iraqi civilian airport. Many Iranians will be displeased since the Iranian general reportedly killed was supposed to have been popular in Iran and may well have been present in keeping with Iraqi law and procedure. Thoughts of asymmetrical retaliation with varying degrees of time-lag and varying degrees of cunning and subtlety are undoubtedly already well-worked out.

   I have my own opinions that I will try to keep more or less to myself as we try to avoid politics here, but I am scared that many people will be hurt who have no reason whatsoever to be hurt. These could be people in adjacent countries as well as in Iraq, or even remote countries. This news I do not think is good news at all. As much as our portfolios may rejoice, there may be much unhappiness, much unforeseen.

   It would have been nice if all the PM stocks had just been cruising quietly and things had been more peaceable. Unfortunately we have to invest in this stuff to get something out of all the ugliness out there.

   • Karl says:

     January 2, 2020 - 9:50 pm at 9:50 pm

     Insurance.

     But insurance does not cover the damage adequately typically, and one should not want to have to collect.