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1411

11/08/18

14:58

Post #: 34875612
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Originally posted by Crom Valen ↑

You are another from the school of ‘it didn’t happen today, therefore it won’t happen’.

In August 1939 you would have told anyone who was troubled by geopolitical developments: “Do not be alarmed, war did not break out today, therefore there will be no Second World War”.

What major catalysts occurred today to propel the Gold price higher?
Did the USD crash?
No.
Did the US declare war on Turkey?
No.
Is Turkey one of the major world economies?
No.

When something happens, it will happen. But history tells us that recessions do happen, crashes do happen, wars involving major powers do happen, global financial crises’ do happen.

History reveals patterns and fundamental truths.

History has shown that Gold can attain USD 1300 an oz, USD 1400 an oz, USD 1500 an oz, USD 1600 an oz, USD 1700 an oz, USD 1800 an oz. So only an idiot would claim that these kinds of prices cannot be achieved.

Those who dismiss the lessons of history are fools.

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The Turkish President told all Turks to sell gold. A pretty good idea.
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gold, page-44792

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