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@themanwithnoname
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https://images.pexels.com/photos/1337144/pexels-photo-1337144.jpeg?auto=compress&cs=tinysrgb&dpr=1&w=500 Pexels

Sometimes I don't know what to talk about, so I just talk about the stuff that's of interest to me.

I have been semi-following the Hong Kong protests, and it seems China is going to take a hard-line approach by not acquiescing to any of the protesters' demands. Some suggest that while China focuses on the protests they'll take a softer approach to the trade deal with the US. Don't expect a deal necessarily, it could just be talk, but at least it's something that could be positive news for the stock markets.

Gold was down a little bit today, but finished up for the week. It also finished up 6% during August which continued the bull run that started in July.

The Fed continued its purchasing of bonds for the second week in a row. This should also put upward pressure on stock prices. Consider thinking of any jump in the market as a last opportunity to get out of the stocks.

If you're curious what returns would be if the gold/SP500 ratio went back to 1.5 from its current 0.48, check out this article from goldsilver.com

Goldsilver.com

Based on the fact that the gold/SP500 ratio has a lot of potential upside, those returns are a real possibility. I'd much rather be in an undervalued asset that's in a positive trend than overvalued assets that are in only redeemable in dollars. Remember, dollars are a currency that's going to be diluted shortly. See above for the fact that quantitative easing (QE) has resumed. The inflation is already speeding up.

What is your favorite economics news source?

Not investing advice. Do your own research.


@themanwithnoname