Gold has taken off. Panic mode gripping Wall Street. I bought NUGT.
Joined Nov 10, 2007
23,419 Blog Posts
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Gold up, oil down. Miners may get a bid.
GD – P – Let’s look at GD – P
Q1 2.2%
Q2 4.2%
Q3 3.5%
GdpNow currently stands at 2.9
The Q2 minisurge whether from a tax cut, or just the fairly normal standard yearly progression,
as stated and predicted by Trump side realists, as opposed to the drooling Trump side media,
was Not going to be a developing rising burgeoning path, Fostering growth and triumph,
It was never, a departure from previous returns under Qe1000, and you’re stuck,
In the same restrictive dashed hopes, under massive dislocation and debt
Agreed. 1%er tax cuts+no deficit reduction = pulling growth forward from the future.
Just like those Drill-Baby-Drill idiots that think consuming non-renewable energy reserves at a *faster* pace is the key to energy independance.
Gold has been very frustrating, hopefully you can do better.
Platinum $PPLT has been worse.
Jakegint lives!