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Joshua Thompson

Joined: 09/03/16


Comments by Joshua Thompson
Gold Sep 22, 2021 3:28PM ET
 Raising rates and cutting QE purchases are both inflationary.   Look at 2004-2008.      Rates were going up, QE was nonexistent.   Everything went up. inflation out of control.    To save the markets, they did TARP and bailouts.     This was inflationary.   Then, they had to start QE to mitigate the inflation.  The markets would crash without our massive deficit spending fiscal policy.   But inflation would be out of control if monetary policy wasn't keeping it in check. Raising rates and cutting QE purchases are both inflationary.   Look at 2004-2008.      Rates were going up, QE was nonexistent.   Everything went up. inflation out of control.    To save the markets, they did TARP and bailouts.     This was inflationary.   Then, they had to start QE to mitigate the inflation.  The markets would crash without our massive deficit spending fiscal policy.   But inflation would be out of control if monetary policy wasn't keeping it in check.
Gold Sep 22, 2021 3:25PM ET
   That currency is spent into the economy via the government/treasury AKA fiscal policy.    Monetary policy removes those dollars from circulation, capping the government's inflationary policies.    The narrative they are selling is backwards.   That currency is spent into the economy via the government/treasury AKA fiscal policy.    Monetary policy removes those dollars from circulation, capping the government's inflationary policies.    The narrative they are selling is backwards.
Gold Sep 22, 2021 3:23PM ET
 Fiscal policy is what drives inflation.   Fiscal policy is massively inflationary right now and will not stop, regardless of whatever the Fed does. Fiscal policy is what drives inflation.   Fiscal policy is massively inflationary right now and will not stop, regardless of whatever the Fed does.
Gold Sep 22, 2021 3:21PM ET
 The fed does not create inflation.  ALL qe takes income out of the real economy.  Monetary policy is deflationary.   Raising rates is inflationary.  It increases the cost of borrowing dollars, lowers demand for dollars, and therefore is inflationary.   Just look at monetary history and charts. The fed does not create inflation.  ALL qe takes income out of the real economy.  Monetary policy is deflationary.   Raising rates is inflationary.  It increases the cost of borrowing dollars, lowers demand for dollars, and therefore is inflationary.   Just look at monetary history and charts.
Gold Sep 22, 2021 3:20PM ET
 Don't believe their narratives. Don't believe their narratives.
Gold Sep 22, 2021 3:19PM ET
 Just look at the charts.  everytime they raise rates, gold goes up.    QE is disinflationary.  It takes bond income out of the economy. Just look at the charts.  everytime they raise rates, gold goes up.    QE is disinflationary.  It takes bond income out of the economy.
Gold Sep 22, 2021 3:16PM ET
algos don't understand that every time they start tapering, gold bottoms.
Gold Sep 22, 2021 3:01PM ET
nasdaq dropping too. hes going to have to reverse talk to save it
Gold Sep 22, 2021 2:58PM ET
Just criminal things
Gold Sep 22, 2021 2:54PM ET
He's literally defending using fed funds to pump his own bags.   he should be in a jail cell by now with the rest of them.
Gold Sep 22, 2021 2:46PM ET
just algos playing games.   inflation is high and not transitory.   They can never raise rates.
Gold Sep 22, 2021 2:41PM ET
 Gold is not a scam, just the Comex price Gold is not a scam, just the Comex price
Gold Sep 22, 2021 2:40PM ET
JP literally telling the market they will create more inflation and gold sells off :D
Gold Sep 22, 2021 2:15PM ET
yamana my friend.
Gold Aug 27, 2021 12:22AM ET
1813$ and this chart will be looking spicy!
Gold Aug 13, 2021 11:27AM ET
I think we've got a short squeeze.
Gold Aug 08, 2021 7:45PM ET
someone typed in the wrong price on that sell order {{e:f09f9884}}
Exxon Mobil Jul 30, 2021 7:44PM ET
such a broken market...
ETH/USD Jul 13, 2021 11:54AM ET
how many hexicans here?
Gold Jul 09, 2021 11:24AM ET
remember that time yesterday when gold was down 3$ and miners we're down 3-5%. jeez. they are desperate to prevent this bull market.
Gold Jul 06, 2021 9:20PM ET
1910 dream big
Gold Jul 06, 2021 9:20PM ET
if price wasn't getting smashed during US premarket every day, gold would be 10x this price lol
Gold Jul 06, 2021 12:53AM ET
jnug calls jnug calls
Gold Jul 05, 2021 10:22PM ET
hold on
Gold Jun 25, 2021 11:01AM ET
they are desperate not to let it up before quarterly oex