Gold and Bitcoin down too...

[dolcane]

Seems everything is going down in lockstep.

I don't know much about Bitcoin, but, I always heard gold is a hedge against inflation. Doesn't seem to be playing out this time.

 

[genghiscane]

Seems everything is going down in lockstep.

I don't know much about Bitcoin, but, I always heard gold is a hedge against inflation. Doesn't seem to be playing out this time.

I heard Putin is refusing to deal in dollars for exports like oil etc he was gonna back the ruble with gold. And sell gold by grams. Can’t remember the figure but it came out to about 1400$ per ounce. Not sure if that’s factored into anything but who knows.

 

[dolcane]

I heard Putin is refusing to deal in dollars for exports like oil etc he was gonna back the ruble with gold. And sell gold by grams. Can’t remember the figure but it came out to about 1400$ per ounce. Not sure if that’s factored into anything but who knows.

Could be an influence. It all seems strange.

 

[ddimaggio]

I heard Putin is refusing to deal in dollars for exports like oil etc he was gonna back the ruble with gold. And sell gold by grams. Can’t remember the figure but it came out to about 1400$ per ounce. Not sure if that’s factored into anything but who knows.

Please …
According to Brandon his hemorrhoids are the fault of Putin
All the markets are responding to uncertainty caused by a clueless administration that’s intent on destroying wealth of hard working Americans
Nothing is safe , including cash which loses 8% year due to inflation

 

[KOWBOY88]

Seems everything is going down in lockstep.

I don't know much about Bitcoin, but, I always heard gold is a hedge against inflation. Doesn't seem to be playing out this time.

Gold fluctuates but always good long term

 

[dolcane]

Gold fluctuates but always good long term

Yes but during periods of high inflation it usually rises. During the late 70's early 80's it went up 3 fold.