Page By Category
Forum - The Austrians Economic cult explains gold.
[ Add Tags ]
| [ Return to General Discussion | Reply to Topic ] |
| Joe | Posted: Jun 11, 2011 - 12:43 |
| ||||
 Level: 8 CS Original | Stocks and Bonds has been getting hit; they Austrians point to that as them right. But when you point out to them that Gold has been getting hit as well you get these two responses: | |||||
| #1 | [ Top | Reply to Topic ] | |||||
| Wolf Bird | Posted: Jun 11, 2011 - 15:51 |
| ||||
 I shoot you dead. Level: 9 CS Original | "make it appear that the price of gold is going down; the real value is still going up." WAT | |||||
| #2 | [ Top | Reply to Topic ] | |||||
| CyborgJesus | Posted: Jun 11, 2011 - 15:56 |
| ||||
 Level: 6 CS Original | So Wall Street, a collection of private banks and traders, can manipulate the price of goods which is supposed to be set by the market? | |||||
| #3 | [ Top | Reply to Topic ] | |||||
| scitops | Posted: Jun 11, 2011 - 16:28 |
| ||||
 Level: 4 CS Original | Why is it every time the stock market goes down, bond prices drop, the price of gold rises, the dollar index drops the Austrians declare victory. But whenever the opposite happens they always scream manipulation. I had one who claimed when QE2 ended we would have soaring treasury yield, yet here we are at the end of QE2 and yields have droped below 3% on the 10-year note. | |||||
| #4 | [ Top | Reply to Topic ] | |||||
| advancedatheist | Posted: Jun 12, 2011 - 10:33 |
| ||||
Level: 3 CS Original | I've heard the price of oil attributed to the Fed's "money printing." But the price collapsed to the $30's around the time of Obama's inauguration. Did someone at the Fed's money-printing machine turn the knob backwards by mistake or something? | |||||
| #5 | [ Top | Reply to Topic ] | |||||