The Investments Thread

doobin

doobin

Well-known member
How's your gold doing at the moment @doobin. Fair to say unsurprisingly in the last few weeks my index funds have been dropping at a rate similar to when Trump was throwing tariffs around this time last year. Only this time I can't see things recovering quite as quick😕
Everything is down currently. Rather unsetettling. Miners have taken a double whammy due to the price of oil. Gold by rights should be higher with all the war uncertainty. However, high oil prices strengthen the dollar as there is more demand for it to buy oil. And of course money has been flowing out of all commodities into oil.

Nevertheless, the war will need to be paid for, and that only means one thing- printing dollars.
 
Lancs Lad

Lancs Lad

Well-known member
Anyone else following the SpaceX float?
Absolutely pathetic the commentary from the MSM...
If it was Anyone else or woke idiots like gates and all the rest ... They would be praising how successfully are...and yet just because it's musk they can't bring to say anything complimentary.
Meanwhile, he's just created approximately 4,000 millionaires they reckon!
 
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