Fed Actions Have Produced Goose Eggs [View article]
sentiment is but a summation of what persons are doing - buying or selling. If there aren't enough buyers, prices will drop. That simple.
If the Romans built beautiful palaces in , say, Segovia, but they ran out of gold, they had to import the gold from somewhere else. If someone, then, gave them some gold in exchange for those palaces, they would likely bid low.
The US ran out of gold a long time ago but continued issuing credit for a long time. Now, we've run out of gold - and credit.
Look for prices to come down some more. I'd say for another 20 years
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sentiment is but a summation of what persons are doing - buying or selling. If there aren't enough buyers, prices will drop. That simple.
Mar 13 17:17 pm
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All Comments by Fat Arby »Fed Actions Have Produced Goose Eggs [View article]
If the Romans built beautiful palaces in , say, Segovia, but they ran out of gold, they had to import the gold from somewhere else.
If someone, then, gave them some gold in exchange for those palaces, they would likely bid low.
The US ran out of gold a long time ago but continued issuing credit for a long time. Now, we've run out of gold - and credit.
Look for prices to come down some more.
I'd say for another 20 years