GOLD 0.51% $1,391.7 gold futures

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  1. 2,995 Posts.
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    Your theme, to me, in the original post was that the USD is also pretty much toast. That's why I asked.

    Having said that I too believe A$ etc will face one more crisis in the mid term as a result of the US$ trade unwinding. I further believe A$ will, relatively quickly resume it's climb as China will recover due to domestic utilisation, compared to current exportation.

    One thing, the amount of money a country issues, is by itself not the most important issue. It's whether this currency can be backed with tangible production that is more important to me.

    kg
 
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