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Re: Suddenly Everyone Is Hunting for Alternatives To the US Dollar (bloomberg.com)

By: micro in 6TH POPE | Recommend this post (0)
Sat, 31 Dec 22 3:08 PM | 22 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 38688 of 60008
(This msg. is a reply to 38662 by Decomposed)
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exactly. Much ado about nothing as usual..




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Re: Suddenly Everyone Is Hunting for Alternatives To the US Dollar (bloomberg.com)
By: Decomposed in 6TH POPE
Fri, 30 Dec 22 9:48 PM 		Msg. 38662 of 60008

fizzy:

Re: “Suddenly Everyone Is Hunting for Alternatives To the US Dollar (bloomberg.com) 80” It seems to me that if there were much truth to this, gold would already have made a sizeable move - and not the measly $30 gain it has seen in the last few weeks. Kitco is today running a story predicting a $100 rise in the barbarous metal . . . IN THE NEXT YEAR. Woop de doo.

I figure that when "everyone" is hunting for a dollar alternative, there'll be a quick $1,000 rise in the most obvious of all dollar alternatives. Not $100. And not in a year.

Folks obviously aren't hunting too hard or something more dramatic would already have occurred.

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