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A lot of people that replied to you seem to be quite sure in their explanation (i.e. fiat currency is losing value due to QE etc.) I think all we know is that w
by SZJX 6y ago
A lot of people that replied to you seem to be quite sure in their explanation (i.e. fiat currency is losing value due to QE etc.) I think all we know is that we actually have little idea of what's happening and what will happen in the near future, since this situation is quite unprecedented. During the great depression the fed had a tightening instead of easing and the market crashed hard, sure, but what happens when there's a crazy amount of easing instead? Guess people can only look back in 20 years or so and draw some conclusion. Being too sure of anything at the present moment would be quite overconfident IMO.