1/4 of all USD printed in 2020! Money printing raises an eyebrow.

[sef88]

Hedge against USD risk. I have rolling futures position to hedge against all my USD assets in my home currency.

 

[Nine_Ender]

Looks like with unlimited power to print money, unlimited money will be printed. Is the money printing is spinning out of control?

Where is the inflation? There should be some inflation given what's going on. Gold should not be dropping price! Not to sound like a gold bug, but I think we're starting to see why moving off the Gold standard may be a problem.

There is some voodoo at work here. I hope Uncle Jerome and those experts at the Fed know what they're doing.

https://www.thestreet.com/mishtalk/economics/23-6-of-all-us-dollars-were-created-in-the-last-year

Computers and printers are dirt cheap. Used to cost me $2000 Cdn to get a decent computer now it's $500 Cdn . Printers that used to be $500-700 now $100-200. Most clothes are significantly cheaper these days. Not everything is more expensive.

Gold may be "dropping" but it's bounced off this area every time and it's still not that far off the old high last cycle. However, it's certainly badly lagging all commodities right now. Gold miners are dirt cheap if Gold holds current levels, and a free call on higher prices. However, I have to respect if we don't get some upside out of remaining earnings reports that the investment community hates gold stocks.

 

[kmiklas]

...the investment community hates gold stocks.

Why? Plz explain.

 

[unconventional wisdom]

the trillion of dollars that should have gone into gold went instead into bitcoins and the bitcoin industry. if/when btc collapses, i predict gold will surge.