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

[Harpy Eagle]

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

this from the lying fuck that sucks at math?

Too damn funny

 

[Harpy Eagle]

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

are you really this fucking stupid?

Was there a Harris/Walz ticket in Oct 2023?

 

[Harpy Eagle]

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

You are correct, it does not. The OP is just stupid as well as dishonest .

 

[luiza]

You are correct, it does not. The OP is just stupid as well as dishonest .

Really .
So Merica is now fully accepted as a third rate power and its outlook and actions are not of any outside interest .

Obviously stupid but interesting how uninformed so many so called Lefties are .

 

[Harpy Eagle]

Really .
So Merica is now fully accepted as a third rate power and its outlook and actions are not of any outside interest .

Obviously stupid but interesting how uninformed so many so called Lefties are .

Between Jan 22 2021 and Oct 6th 2023 gold was down 0.8%.

Then between Oct 7th 2023 and now it is up 43%.

What took place in the US that caused this to happen?

Was there an even somewhere else in the world that might have lead to this?

 

[yidnar]

are you really this fucking stupid?

Was there a Harris/Walz ticket in Oct 2023?

lol ! there wasn't a Harris Walz ticket a few weeks ago after the dem primary ..

 

[Harpy Eagle]

lol ! there wasn't a Harris Walz ticket a few weeks ago after the dem primary ..

yet according to you it is the reason gold prices started to go up after Oct 6th, 2023.

How do you even remember how to breath being as fucking stupid as you are?

 

[MarathonMike]

this from the lying fuck that sucks at math?

Too damn funny

Lying fuck? This is what emotionally unstable Trump haters come back with when they have nothing. Check the avg spot gold price in 2020 yourself, Einstein.

 

[Faun]

Lying fuck? This is what emotionally unstable Trump haters come back with when they have nothing. Check the avg spot gold price in 2020 yourself, Einstein.

Gold is up 43.5% under Biden. Your shitty math can't change that.

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

 

[MarathonMike]

Gold is up 43.5% under Biden. Your shitty math can't change that.

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

Average spot price of gold in 2020 was $1700 per ounce. Now it's $2660 per ounce. Even by your numbers it still points to a vote of NO CONFIDENCE in Bidenomics. That's the point do you understand now?

 

[Faun]

Average spot price of gold in 2020 was $1700 per ounce. Now it's $2660 per ounce. Even by your numbers it still points to a vote of NO CONFIDENCE in Bidenomics. That's the point do you understand now?

Here's what you actually said...

Gold has gone up 70 percent during Bidenomics.​

That's some shitty math. Under Biden, gold has gone from 1,865.90 to 2,659.70. That's a 42.5% increase, not a 70% increase.

 

[yidnar]

yet according to you it is the reason gold prices started to go up after Oct 6th, 2023.

How do you even remember how to breath being as fucking stupid as you are?

lol ! gold is a hedge against inflation ... the price for gold is rising because people are investing in it because they want to minimize the losses inflation is causing for them ..

 

[Harpy Eagle]

lol ! gold is a hedge against inflation ... the price for gold is rising because people are investing in it because they want to minimize the losses inflation is causing for them ..

And yet., the price of gold stayed steady during the whole time inflation was out of control and did not go up till there was an event that could trigger a much larger war. Between Jan 20 2021 and Oct 6th 2023 gold actually went down a tiny bit.

It is almost as if you people have no fucking clue what you are talking about.

 

[Faun]

lol ! gold is a hedge against inflation ... the price for gold is rising because people are investing in it because they want to minimize the losses inflation is causing for them ..

Earth to yidar -- inflation is only 2.5%

 

[Faun]

And yet., the price of gold stayed steady during the whole time inflation was out of control and did not go up till there was an event that could trigger a much larger war. Between Jan 20 2021 and Oct 6th 2023 gold actually went down a tiny bit.

It is almost as if you people have no fucking clue what you are talking about.

Almost.

 

[luiza]

And yet., the price of gold stayed steady during the whole time inflation was out of control and did not go up till there was an event that could trigger a much larger war. Between Jan 20 2021 and Oct 6th 2023 gold actually went down a tiny bit.

It is almost as if you people have no fucking clue what you are talking about.

You certainly have not .
The Topic is a simple one requiring one comparison of two figures .
Much too difficult for you it seems .

 

[Harpy Eagle]

You certainly have not .
The Topic is a simple one requiring one comparison of two figures .
Much too difficult for you it seems .

It is really not that simple.

First off the OP lied, gold has not gone up 70%.

Second, if gold went up due to Biden's polices it would have been going up from the start, but in fact it was flat for almost 3 years. Between 22 Jan 2021 and 6 Oct 2023 gold was down just under 1%. Then on Oct 7th, 2023 it started to rise and went up some 43%.

So, anyone that has an IQ above 50 would look to see what might have happened to cause gold to rise.

Can you think of anything at all that took place on Oct 7th 2023 that might have impacted the price of gold?

If all one does is look at the starting figure and the ending one they are missing most of the story.

 

[The Sage of Main Street]

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.

Those Urine-Colored Rocks Are All Glitter

Gold-buggers are being suckered into paying the interest on the National Debt. Going off the gold standard gave the government what is now fourteen trillion dollars in Fort Knox and other stashes to do that.

 

[Harpy Eagle]

Lying fuck? This is what emotionally unstable Trump haters come back with when they have nothing. Check the avg spot gold price in 2020 yourself, Einstein.

I did that, I even gave you the exact figures and did the math for you.

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

 

[The Sage of Main Street]

lol ! gold is a hedge against inflation ... the price for gold is rising because people are investing in it because they want to minimize the losses inflation is causing for them ..

Fort Knox Is a Knock-Knock Joke

The answer to "Who's there?" is that the government, aided by the Ponzi Scheme dealers, plants these scare stories so it can make more off the gold it has stashed to avoid the consequences of running deficits for decades.