PhDs in Economics get things wrong all of the time. A coin flipper would be a lot more accurate than Krugman.
I am aware. So bearing that in mind, why would Dorsey be any friggin' different? He's in tune with something we're not?
Wotya gonna actually really do with gold? Oh I know, hang it around neck, otherwise lock it up in a vault, that will be so satisfying.
A 10 yr at 1.6% with inflation going wild isn’t really surprising .It’s just more of the same we’ve seen for a decade. Nothing makes sense .
The gold miners haven't been fairing well for over 12 months. The problem with gold and silver (as well as crypto which I believe will trade in time like gold & silver) is they move erratically, very hard to pin down why they move logically. Most metal commodities move on supply & demand, warehouse levels etc and often trend nicely, relatively easy to trade. Not so gold and silver, they are only partially correlated to a number of things but only enough to be dangerous and confusing. Most metal commodities are easy to trade as they obey most TA rules, not so gold & silver, they behave more like currencies, all over the shop.
Very true, also people have to realise the macro view and that if it does happen it will re cycle. The doomsday only lasts a short while because all resets