“Gold has quietly outperformed all year. The precious metal is up almost 40% in the past year, steadily gaining value despite the gyrations in bond yields or inflation expectations.”
Gold has quietly outperformed all year. The precious metal is up almost 40% in the past year, steadily gaining value despite the gyrations in bond yields or inflation expectations. pic.twitter.com/A1rLeFe8aD
— Lisa Abramowicz (@lisaabramowicz1) October 17, 2024
Study: Inflation Undercounted by Half
My lastest study with EJ Antoni finds Biden-Harris inflation has been undercounted by *half.*
Meaning inflation has been close to 40%.
This suggests we’ve been in recession since at least 2022. pic.twitter.com/kDkrXkhbos
— Peter St Onge, Ph.D. (@profstonge) October 17, 2024
I love how these central banks think they can predict inflation.
They have been wrong so many times “transitory”.
What makes them think they can cut rates if they think inflation is going to rise?
Are they that arrogant or just desperate to get rates down?
— QE Infinity (@StealthQE4) October 17, 2024
💥EUROPE CUTS RATES BY 0.25% AGAIN
🇪🇺 EU – 0.75% rate cut
🇺🇸 USA – 0.50% rate cut
🇨🇦 Canada – 0.75% rate cut
🇬🇧 UK – 0.25% rate cut
🇨🇳 China – 0.25% rate cut
🇩🇰 Denmark – 0.25% rate cut— Radar🚨 (@RadarHits) October 17, 2024
💥GOLD HITS RECORD $2,688
Probably nothing… 👀 pic.twitter.com/RF6VkTNKjz
— Radar🚨 (@RadarHits) October 17, 2024
When a country forces others to use its reserve currency under threat of economic punishment, it shows deep internal fears about the currency's future power.
It's not rocket science.
This is our current reality, and it's one of many reasons why #gold is shining. pic.twitter.com/qp8exHe7LH
— Gold Telegraph ⚡ (@GoldTelegraph_) October 15, 2024
Upgraded this chart.#Gold pic.twitter.com/1TT1SCFSzY
— Semper Vigilantes (@SemperVigilant1) October 17, 2024
🚨 BREAKING: GOLD NOW MAKES UP A RECORD 31.5% OF RUSSIA'S TOTAL RESERVES.
Fed up with sanctions, war and inflation – 'Vlad' now lives in an underground room filled with #Gold, #Silver and cans of soup 🥫
Vlad is ready for what's coming – are you?#Gold #Silver #SilverSqueeze pic.twitter.com/bAGzHfxJir
— Make Gold Great Again (@MakeGoldGreat) October 13, 2024