Posted this Tweet on the 16/11/2018 and stated that Gold was a reason that I liked KDR, not sure if any other Lithium company on the ASX has Gold but KDR does.
If the last GFC was caused by to much debt well since then we have added another $100 trillion.
The next GFC more than likely will result in a return of some form of a GOLD standard for currencies
Gold price in 2008 about US$850 in 2011 about US$1840 the next GFC will see the banks implode via derivatives their ability to manipulate and control the Gold price via paper contracts will be gone
https://www.silverdoctors.com/gold/gold-news/comex-gold-leverage-skyrockets-to-a-shocking-5421/
https://www.msn.com/en-in/money/new...7trillion-global-debt-outdoes-2008/ar-BBNE8Lq
Re KDR Chart, page-5239
-
- There are more pages in this discussion • 897 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)