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re: Silver at over $29 per oz today
Posted on 8/7/20 at 10:04 am to Iowa Golfer
Posted on 8/7/20 at 10:04 am to Iowa Golfer
Hey IG nice to hear from you! It's an acronym for Primary Dealer.
1
Posted on 8/7/20 at 10:16 am to wutangfinancial
quote:
Silver at over $29 per oz today I'm pretty sure it's the opposite. They'll go up in tandem with the current monetary and fiscal regime. Edit: we're not even at a 20 year high on silver
I agree in the short term, I'm talking 6-12 months out. Precious metals and equities are competing for investment dollars and one will prove to be a more attractive investment. If the economy isn't unleashed and the fed keeps printing funny money it's going to be precious metals, if the economy is unleashed it's probably equities.
Posted on 8/7/20 at 10:21 am to Bass Tiger
Man, I think you have it backwards. On a constant currency basis stocks wouldn't "go up" in your scenario. They will go up in tandem until interest rates can't be controlled. Am I thinking about this wrong?
Posted on 8/7/20 at 2:09 pm to wutangfinancial
Thank you sir. You are one of the posters I pay attention to in the economic arena. Some I don't. 
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