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Re: Dollar Crashes, Bitcoin Jumps, Gold spikes to all time high, on Rumor Trump to Remove Powell 

By: De_Composed in GRITZ | Recommend this post (1)
Mon, 21 Apr 25 5:24 AM | 16 view(s)
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Msg. 07069 of 07219
(This msg. is a reply to 07066 by Fiz)

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fizzy:

Re: “Gold spikes to all time high”
I think you're blowing gold's move out of proportion.

If I told you that one of my stocks "spiked" from $33.30 to $33.77, should I make a big deal out of it? That's what gold just did.

IMO, we will see $400 daily spikes before long. $47? It's nice but trivial. And I think gold should be about $10,000/oz. The markets, obviously, do not agree.








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The above is a reply to the following message:
Dollar Crashes, Bitcoin Jumps, Gold spikes to all time high, on Rumor Trump to Remove Powell
By: Fiz
in GRITZ
Mon, 21 Apr 25 4:34 AM
Msg. 07066 of 07219

http://www.zerohedge.com/markets/dollar-crashes-powell-speculation-gold-soars-all-time-high-and-bitcoin-suddenly-spikes

Who knows. It could be a long night. I wish I was better positioned on a lot of things...but I'm better positioned than most, I expect.

I just hate "the markets" with all their short-term gyrations.


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