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

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?
 
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?
 
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?
 
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.
 
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 ..
 
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.
 

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