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I want to believe that, but metal prices aren't tracking the way I'd expect if it was just excessive money supply. Much, or even most is money supply, but it lo
by galangalalgol 4y ago
I want to believe that, but metal prices aren't tracking the way I'd expect if it was just excessive money supply. Much, or even most is money supply, but it looks to me like we still have actual scarcity issues.
- mr_toad 4y agoPrecious metals? They’re tanking because the alternatives (like government bonds) are suddenly looking more attractive.
- 6stringmerc 4y agoFlight to quality is the industry term. I was working Wall Street 2008 in the crash in bonds and the phones were ringing off the hook for tax exempt TX munis. Probably happening again.