GOLD 0.51% $1,391.7 gold futures

gold, page-112525

  1. 3,745 Posts.
    lightbulb Created with Sketch. 481
    The US$ is not going up, it is losing its purchasing power at a rapid clip.
    The US$ is going up vs the euro, yen and the pound, three currencies that are also losing purchasing power at a rapid clip.

    I have no doubt that people will be asking for debt forgiveness, that's the reason why democracies fail over time, people vote themselves more and more free stuff.

    I think the dollar is on its last legs as the reserve currency, the BRICS nations have made plans to use an alternative. I listened to a very good podcast by Quoth the Raven and the writing looks like it is on the wall. When the US$ loses it's status then all those dollars will come flooding back. This looks like it will be the recession before the great inflation.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.