QE ♾ Means Prices will be Manipulated Infinitely.
MMT Means Money will be Devalued Forever.
Combined, they Means Prices are Meaningless and Money is Debased.
The Foundations of Capitalism have been Destroyed.
— Paranoid Bull (@paranoidbull) July 26, 2020
Gold futures are record. Good morning from Hong Kong. pic.twitter.com/YPeAF4nvys
— David Ingles (@DavidInglesTV) July 26, 2020
Dollar keeps falling as Billionaire investor Ray Dalio said the conflict between the US and China could expand into a “capital war” that he suggested would harm the Greenback. t.co/zAqdK3Munr pic.twitter.com/uLW8Kcv8vn
— Holger Zschaepitz (@Schuldensuehner) July 26, 2020
But the direction of travel is the same. “It is only a matter of time” until gold reaches a record high, Citigroup Inc. analysts said in a report this week. Gold bugs can rejoice that the smart money of sovereign funds and central banks is with them. The cheerleaders for equities may want to think again.
Here's Why JPMorgan Expects The Gold Surge To Continue t.co/3RtVVEfLc6
— zerohedge (@zerohedge) July 26, 2020