Funny you should ask as the Saudies are moving away from the Petro dollar and trading directly with the Chinese via the Yuan. Russia has obviously moved away from the dollar to trade in oil. I expect the US dollar to peak very soon and next year to begin falling. I also expect a potential short squeeze in silver next year if inventories keep falling at the comex. Also Putin said recently that there is going to be lots of Geopolitical risk this decade. My guess is big move in silver and gold comin next year and beyond as the US currency reserve status is at risk and the Millennuals realise that they won’t be able to trade bit coins in the event they need to flee to another country because of Geopolitical events such as Russia and Ukraine. Gold and Silver will come in handy though. The most bullish I have been in gold and silver for a long time. The next few years 23-26 will be very telling.
IVR Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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