And this is a logarithmic chart already!
Still, I would hope that Sterling is due a short squeeze/dead cat bounce soon. Otherwise, we'll be dropping with no stopping.
100% guaranteed.
Absolutely. Average slowly in, so that they get used to the volatility. The immense money printing has staved off the immediate collapse, and a hyper-inflation has a lengthy incubation time. So, as long as the sheeple still think that the paper is worth something, you have some time left to buy the real stuff.
Doesn't look too bad IMO. Given all the inflation that took place over the last 23 years, we have a lot of room on the upside.
http://gold.approximity.com/since1985/Silver_GBP.html
The next US-carmakers black swan could push XPT below XAU. Time to buy?
I'd still prefer Pd. Pity that VAT is on all this stuff. FFS, doesn't Gordon want inflation & consumption? Should get rid of VAT.
Yes, instead you have a sort of fascists system with heavy censoring over at the madhouse. And if you write the word "gold", you get banned. Such idiots!
We won't see an immediate hyperinflation. The current quantitative easing might need 2-5 years to feed through, but then it will hit like a tsunami.
There is no reason why houses shouldn't have dropped 50% by then. I also think that in a hyperinflation (while a house stays a house of course!) houses will do less well than other more liquid assets, especially gold and silver.
(I've written the above so many times before, I can't even remember how often. Sometimes I think I should go on part-time (forum-wise). )
Or, the other interpretation: 2x 550 tested, 3rd time will be successful.
I don't really trust Sterling, especially now that the bond markets start having trouble. I guess from a 'technical' point of view some kind of bear rally could be due. But what do I know.