"So for me , total loss of confidence in financial system, Hyper inflation and also threat of a MAJOR war is VERY bullish for gold."
Hoping for total doom and gloom for gold to go up. Pathetic.
All the writedowns so far have not moved gold.
Continue hoping and posting the most bearish news and scratching your head and wondering "why isn't gold moving up on this news?"
This hyper inflation theory has been around for years. It's not gonna happen. I used to believe it but realised it's all bull.
The USA is the #1 economy and #1 trading partner in the world. The USD is the currency of choice for everybody.
The US economy has just gone through the worst period in decades. Gold still hasn't moved up. There is no depression coming and the US economy is not going under. Move on people.
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