Article

2020-03-14 Economy

Gold's worst week since 1983 strips metal of safe haven status

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Posted by Besoeker 2020-03-14 10:33|| || Front Page|| [4 views ] Top

#1 One of my dad's golfing buddies used to say "Gold is a great way to avoid a better investment."

Posted by M. Murcek 2020-03-14 10:54|| 2020-03-14 10:54|| Front Page Top

#2 Zerohedge gold bugs hit hardest. Those folks have been waiting 10 years for the crash to get gold to $5000 an ounce and the exact opposite happen.

Posted by Airandee 2020-03-14 12:29|| 2020-03-14 12:29|| Front Page Top

#3 Yes, not a peep from the ZH crowd about gold today. No "only Murica bad" angle, I guess.

Posted by M. Murcek 2020-03-14 12:40|| 2020-03-14 12:40|| Front Page Top

#4 There’s a lot of selling of every liquid asset for margin calls,

Margin is what drives speculative markets to unsustainable realms.

Posted by Procopius2k 2020-03-14 17:16|| 2020-03-14 17:16|| Front Page Top

#5 Credit makes the world go around. The fact that some people don't qualify says nothing bad about credit, only credit issuers and (undeserving and they know it) recipients.

Posted by M. Murcek 2020-03-14 18:43|| 2020-03-14 18:43|| Front Page Top

#6 Wait, is that physical gold?

Posted by Woodrow 2020-03-14 21:04|| 2020-03-14 21:04|| Front Page Top

#7 Bingo, Woodrow.

Posted by Canuckistan sniper 2020-03-14 23:04|| 2020-03-14 23:04|| Front Page Top

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