Loading ...RINF …an ETF monitoring Inflation “Expectations”
Sir Patrick
I am having a hard time reconciling your enthusiasm for Inflation.
Gold is rising in spite of this chart No ?
We have just experienced the mother of all Deflationary Events
The whole world is Shut down Indefinitely until Further Notice
And this chart reflects that !
Hard down then a quick vertical retest when all the monetary and fiscal responses were anounced ..then down she goes again…
Why are we so certain that all these trillions will reverse this deflationary Event ?
What if more Wealth is destroyed than can be printed ? That’s what this chart is implying
IMHO Gold is going up because of Deflation .
In Plungers Post Bubble Contraction there is NO Inflation…it’s 1929 !
The Dollar is King but Gold is The Emperor .
Right..gold is going up because of deflation. Or more specifically gold is going up due to financial duress. I know hoe tight gold supplies are. You can’t buy any, but at the same time I think gold is set to go down for a while, That’s what the charts look like to me, plus the coming contraction may pull it down for various unmeasurable reasons.