OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@Buygold re Dow SnP

Posted by Mr.Copper @ 13:43 on September 17, 2021  

I remember I stopped working around 2000, started buying PM stocks, because I knew the Dollar was too high ($250 gold, .46 cent Copper etc) causing trouble, they would have to lower it, and they did. Also in March 2000 the Dot com bust started, it was a blood bath for Dow SnP for a few years. I think the Naz went 5000 to 1000.

PMs were the ONLY game in town, and our “numbers” or “appearances” or simply falling dollar I guess led the Dow SnP up. So, if the system is trying to go into deflation, and if spot Gold starts reflecting that, the Dow SnP will follow Gold down to a point where the system realizes Fiat money is a problem.

And banks and Gov’ts will lose the ability to “get away with it” anymore, and Gold will gain favor and lead the way to a new honest practical financial system with zero inflation, like 1800 to 1929 prices were flat to lower.

Fed Reserve Act of 1913, they are having trouble “getting away with it” after 2008.

LOL wishful thinking.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.