Upside-Down World of Negative Rates Is Coming for U.S. Savers

Home Forums Events & Emergencies Economic Crisis Upside-Down World of Negative Rates Is Coming for U.S. Savers

This topic contains 2 replies, has 3 voices, and was last updated by  Mouse Wizard 2 months, 4 weeks ago.

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  • #26819

    Crow Bar
    Keymaster

    https://finance.yahoo.com/news/upside-down-world-negative-rates-100000573.html

    Oh, please, please, please dont go into debt of any kind over this!

  • #26826

    Anonymous

    Yeah, the crash in precious metals is quite a shocker. But I learned years ago that I can’t predict prices of gold and silver. I though they would be soaring now, but my experience shows that they usually go the opposite of what I think. That experience tought me to just take things day by day, hour by hour and just don’t be surprised at anything that happens. The only thing I can figure is the investors who are losing their shirts in the stock market crash are selling their investments in precious metals to cover their losses. Sorry, off topic a bit.

  • #26827

    Mouse Wizard
    Participant

    That’s probably right. The shorts are getting crushed with margin calls.

     

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