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Is Hyperinflation Around The Corner?! (And is Gold the Answer?)
DerekJohnson
Administrator, Swaye's Wigwam Posts: 70,172 
https://www.youtube.com/watch?v=q3nP38VQ-dMComments
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The gov't has "kept" the inflation number under control for years by not counting areas such as food/rent/medical (where the most obvious and highest % are), and using data like tv's, computers, etc things where there is little/even deflationary.
Should we have hyperinflation? Probably, but I don't think it will get that bad. -
Gold is for @Swaye baller watches. Shitty investment. Buy Rolex instead.
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This. My watch portfolio is kicking the shit out my stock portfolio (which is really just a 500 dollar investment in Mountain Dew).YellowSnow said:Gold is for @Swaye baller watches. Shitty investment. Buy Rolex instead.
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I know you are being sarcastic, but Mountain Dew is part of PepsiCo.Swaye said:
This. My watch portfolio is kicking the shit out my stock portfolio (which is really just a 500 dollar investment in Mountain Dew).YellowSnow said:Gold is for @Swaye baller watches. Shitty investment. Buy Rolex instead.
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They been saying if for fucking year
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But the guy on the talk radio said I should buy?FireCohen said:They been saying if for fucking year
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I know hard choice, between listening to an idiot on a radio show or an Internet forum, both are likely to be equally stupidYellowSnow said:
But the guy on the talk radio said I should buy?FireCohen said:They been saying if for fucking year
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Gold hit $1900/oz yesterday.YellowSnow said:
But the guy on the talk radio said I should buy?FireCohen said:They been saying if for fucking year
Will likely break all-time high next week.
Strap on and lock in cheap money now - HELOC, Refi, new cars, whatever. It's not going to be there in 12 months. -
World will end, might else well not even livePurpleThrobber said:
Gold hit $1900/oz yesterday.YellowSnow said:
But the guy on the talk radio said I should buy?FireCohen said:They been saying if for fucking year
Will likely break all-time high next week.
Strap on and lock in cheap money now - HELOC, Refi, new cars, whatever. It's not going to be there in 12 months. -
Not hyperinflation, but you will see commodity prices creep up, especially when the current chaos subsides. My expectation is that gold will get to $3,000/oz by end of next year, and then be a shitty investment from there until the next crisis when they start printing money again.
