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It's an indicator that they think they'll be able to feed more of their greed with $1 of gold than $1 of something else. Nothing fundamental about gold that li
by kimixa 1y ago
It's an indicator that they think they'll be able to feed more of their greed with $1 of gold than $1 of something else.
Nothing fundamental about gold that links it to greed, just it's value and return.
So yes, it tells you something more than "Amount Of Greed". And that may well be "Fear of losses (or even just reduced gains) in the market"
- jasonsb 1y agoI never claimed gold is the fundamental indicator of greed. It's just one of many greed indicators. And greed is at all time high. Including gold.