Another down vote on the US economy: Gold has gone up 70 percent during Bidenomics.

[MarathonMike]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

 

[shockedcanadian]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

You can bet there are a number of billionaires invested in it.

Don't worry. When the U.S dollar collapses and China is running the show, at the least the important ones will have saved their fortunes from that calamity.

 

[Oddball]

Silver down from $32.00 last week...Doubt the dip will ever approach $25.00 again.

 

[JoeB131]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

Since most of us aren't buying Gold or have much use for it, not seeing a problem.

Conversely, if you invested in Gold at the beginning of his term, you are doing well.

 

[Harpy Eagle]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

sure, because the price of gold only depends upon the US economy, it has no other factors at all

 

[Harpy Eagle]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

You left out the fact it was basically steady till the Oct of last year.

I wonder if there was some event in the world that might get people worried....

 

[Harpy Eagle]

Since most of us aren't buying Gold or have much use for it, not seeing a problem.

Conversely, if you invested in Gold at the beginning of his term, you are doing well.

It is like with each post they just scream "look at me, I have no idea how things work"

 

[boevans]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

That's because the central banks have high confidence in the economy.

 

[Harpy Eagle]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

It seems you really suck at math as well, or are just very dishonest.

Jan 22, 2021 gold was 1859, right now it is 2667... That is a change of 43.3%, not 70%.

Also, between Jan 22 2021 and Oct 6th 2023 gold was down 0.8%.

The very next day Israel was attacked, starting a war in the middle east....and then gold went up.

But sure, it is all about Biden!

I sometimes wonder how you people even mange to breath you are so fucking stupid

 

[Hellbilly]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

Is there anything about this country that you don’t hate?

 

[Harpy Eagle]

Is there anything about this country that you don’t hate?

The bigger question is there anything he will not lie about?

 

[Harpy Eagle]

Where, oh where did the OP run off to?

 

[luiza]

Silver down from $32.00 last week...Doubt the dip will ever approach $25.00 again..

Be careful with Silver . The market is manipulated more than any of the other PMs
It will fly to $50 soon with little doubt, but it is quite possible that it will first get pushed back to around $22 to let the greedy Elite maximise their greed .
So I am advised .

Gold has paused the last few days but I will be very surprised to not see $3000 by year end and hugely higher forecasts are numerous from across the board from otherwise quite sane experts
$10 000 in two years is a popular guesstimate .

All this could be very heavily influencd by this era changing event at the end of this month -- acoording to every international and proven psychic ever heard of plus the incomparable Cif High , the Predictive Linguist genius and polymath .
A more than usually interesting time .

 

[Oddball]

That's because the central banks have high confidence in the economy.

 

[Faun]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

LOL

Good reason not to vote for Trump.

01/20/2017: 1,204.30
01/20/2021: 1,865.90 (54.9%)
10/07/2024: 2,659.70 (42.5%)

 

[boevans]

View attachment 1023484

That's why oddball hangs with commercial actors and puppets.

 

[Zincwarrior]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

My stock portfolio is up more than that, neeb.

 

[MarathonMike]

My stock portfolio is up more than that, neeb.

Wow the lack of understanding in that post is stunning. You really have no clue.

 

[yidnar]

You left out the fact it was basically steady till the Oct of last year.

I wonder if there was some event in the world that might get people worried....

yeah .. people are worried Harris and Walz may actually win ! and Iran and the Chicoms are counting on it !

 

[braalian]

Spot price for gold this morning. nearly $2700 per ounce! There is your vote of confidence on the Biden economy. It's not just individual Mom and Pop buyers, central banks all over the world have high demand for gold largely due to a lack of confidence in the American economy.

Not sure that the price of gold proves anything about Biden’s economic policy one way or the other