4um: Au down to 18.11

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Title: Au down to 18.11
Source: [None]
URL Source: http://ino.com
Published: May 13, 2022
Author: Gold bug
Post Date: 2022-05-13 12:52:39 by Lod
Keywords: None
Views: 124
Comments: 5

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#1. To: Lod (#0)
Both Au & Ag are down to about 2X what I paid for it in 2009. Batshit crazy clown world doesn't make much sense anymore. I don't see where the money's going, it's like it's just disappearing.
I'll bet Chip's not too happy with me after paying for the repairs on red truck with Au now. I was going to poke my head in to the New Haven shop and say hi. I better sit that out today. He's $200 ($100/oz) out the money in a couple weeks. He probably thinks I knew that was coming or something.
During saner times metals and stonks are pretty good at tracking inflation, barring speculative motives. Sending untold billions to the shitbaggiest country in Europe isn't helpful.
The Bidet might as well have had all the money we're losing direct deposited into Vlad's bank account.

Esso posted on 2022-05-13 13:47:02 ET Reply Untrace Trace Private Reply
#3. To: Esso (#1)
The Bidet might as well have had all the money we're losing direct deposited into Vlad's bank account.

Makes me wonder if "the big guy" shorted the hell out of the market the day he was (s)elected.

Dakmar posted on 2022-05-13 14:35:50 ET Reply Untrace Trace Private Reply
Replies to Comment # 3.
#4. To: Dakmar (#3) (Edited)
Makes me wonder if "the big guy" shorted the hell out of the market the day he was (s)elected.

If he shorted Exxon/Mobile with his Green New Dark Ages delusion, he lost his ass. I'm up 125% and still getting $3.52/share in dividends. Granted, the yield is down to 4% rather than 10%+, Let's go Brandon!

(Edit) Now that the most powerful and popular man in the world put sanctions on Russia, their oil exports are up something like 50% with oil near an all-time high. And at one point the Ruble was worth more than the dollar $1.26/Ruble.

Esso posted on 2022-05-13 14:51:21 ET Reply Untrace Trace Private Reply
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