GOLD 0.51% $1,391.7 gold futures

GOLD is it different this time?

  1. 4,601 Posts.
    The only thing that can derail the gold train is a recovery in the fortunes of the World economy.

    This time the question should not be about Gold, but about the state of mainly the US, Europe and China.

    Also the most damaging wealth destruction is the glut of global oil, the low prices are smashing the profits of oil producers and the tax base of countries like Australia.

    Take into account that fiat money is the scam of the millenium , printed paper and digits out of thin air, it could all come crashing down as people wake up to governments inventing higher limits on their own credit cards.

    You cannot keep doing this, you do understand that the US can never pay its own created debt, at some point it will default and be caught with its pants down . This will happen one day, nothing is more certain, so Gold is looking very very good.
 
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