With all the chaos in equity markets since that January 26th 2018 crash began, you would think that people would seek "higher ground" and buy gold. You know, the commodity that FDR had to pass laws in 1933 to get people to stop hoarding.
- Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States".
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Yet I just looked at a Gold prices chart, and the value there has been falling steadily, almost in a straight line, since January. Down to 1200 from 1400, and still falling.
Wondering why this would be the case?? It is interesting.
Submitted July 22, 2018 at 07:52AM by vvelaxtrumm https://ift.tt/2LEF5iG
