Gold

[nztx]

4.14 am - must have been slow morning on Crypto earlier ?

Okay - it looks like the Poms are all holed up indoors as Eunice sweeps the country
and the Yanks are beside themselves coming to terms with their new fancy toys
from Germany on a Car Transporter in process of being turned to ash off the Azores

[Joshuatree]

AU just under $1900 Oz ATM.My Goldies,a good hedge in my portfolio , starting to shine,starting to prove their worth in this moment.

[nztx]

Addend - Post taken to more appropriate thread

[Crypto Crude]

When would you suggest that the central banks start selling their gold holdings? I would like to sell my miners before this happens so a heads up would be good.

Is it possible that crypto currencies, NFTs etc are just a side effect of easy money and low interest rates.

To me they seem absurd, relying on the greater fool theory of investing. Time will tell.

Do you and Cathy Wood share a similar investing approach and philosphy?

Aaron...
You serious help...
You need an awakening
cc

[Aaron]

Aaron...
You serious help...
You need an awakening
cc

I need useful advice, like when will central banks start selling their gold?

[Aaron]

Gold rose from March 2020 after more money printing. Money is less loose possibly tightening, I guess todays rise is gold as a safe haven in troubled times or is there an expectation the stock market fall will set off a reverse of central bank policy direction.

I guess digital gold will be doing well in these uncertain times. Crypto might want to give an update on BTC. "The new digital gold". I did see a headline where someone on the Federal Reserve Board discussed the possibility of the Fed owning BTC but didn't bother to read it.

No articles discussing any central banks considering selling physical gold though.

[Joshuatree]

$1939 Oz ATM and Brent oil $104 bbl

[Nor]

Gold up Bitcoin down??? WTF !!!

[Aaron]

I may have crowed too soon, looks like gold is already over the war in Ukraine.

[Nor]

Yes. The further issue is that Russia doesn't like NATO's expansion. But not being in NATO for a former Eastern Block country is a license for Russia to invade. I wonder what will happen there.