Why are precious metals plummeting?
Very timely thread. Thanks.
So the Mayans predicted the stock market plunge.
This reaction in the market (and metals prices) is as emotional as these posts. The dollar’s strength is based PURELY on confidence in America and its capitalist system.
Absolutely NOTHING good has happened to the American system for over four years that would provide a solid reason for confidence in the dollar to increase. Our economy (and its data) is a total disaster and getting worse, not better. And the world knows it.
The dollar is NOT getting stronger. It will require a good reason for that to happen and while we have a government that is hellbent on destroying our economy, with the world watching and warning, that will not happen.
Guess who gets the blame for the upcoming recession?
The GOP (and Bush).
The GOP deserves every bit of the electoral disaster heading its way. It will be a Tsunami.
Buying opportunity tomorrow.
It’s all a bunch of lies. The U.S. markets will finish up tomorrow.
Since CNN has seen the light and is showing her the door, she wants to either leave a mark or a greasy smear.
The price of gold can only increase if there is an underlying confidence in the long term health of the economy (contrary to what all the folks peddling the stuff will tell you.
The dismal failure of all political leaders irregardless of party, or for that matter country will increasingly make the worlds financial markets behave in ways most folks will find baffling IMHO
Circular firing squad... just swell.
Take the vote anyway. It’s important to always identify the sides in these matters. How can boner ever expect to assess democrats with voting for higher taxes if he doesn’t allow them to be seen doing it?