...if the US wants to 'thrash' their reputation, credibility and respect, countries who believe in freer trade are going to look past them (US) in a hurry and the case for de-dollarisation has just taken a further step higher.
...Got Gold?
...Gold's ascendancy (you love that word ) is constantly making the research houses having to up their forward forecast.
...Try $4000 (per Jeff Gundlach) maybe even $5,000. A$6,500-8000??
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It doesn’t get more bullish for gold than this
If China, Japan, and South Korea are considering a free trade agreement, do you really think the currency of that trade will be the dollar?
In Canada, there are even discussions about joining the European Union, and a major EU delegation just visited India.
I just reread the published Signal conversations among top U.S. political figures. The fact that they typed this stuff into a group chat, thinking no one would ever see it, is wild. Forgetting there was a journalist in there? That’s just careless. Using emojis for when the bombs fall isn’t my style, but what really struck me was the raw disdain for Europe. This wasn’t some tactical bluff, it’s what they actually believe.
Almost everything in the world is still settled in dollars. But if U.S. leaders are set on destroying that influence, then gold is really the only neutral alternative for central banks to hold instead of dollars.
) is constantly making the research houses having to up their forward forecast.
