GOLD 0.51% $1,391.7 gold futures

it's going down the toilet, page-132

  1. 4,957 Posts.
    lightbulb Created with Sketch. 129
    Dillinja.....by gold being a reserve currency.....what people mean is that its safer to HOLD VALUE in gold vs. depreciating national currencies...which are loosing value ...

    this is already happening. over the last ten years the Russians for example have been the biggest buyers of gold...why? because they are getting huge oil revenues which they are using to buy gold with so they can hold that value....vs. holding that value in the USD, EURO or another currency which is likely to continually depreciate over time.....
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.