Heading to $3500-4000.? ! Why not. The reasons it is rising is structural / fundamental / and fear. A loss of confidence in USD. ? And rise of BRICS.(x-finance settlements outside of USDs) Surely we can get finance from one of the BRICS countries ?? Does China want some Cuban gold ? Even Indonesia has joined the BRICS alliance. !!
Those near 37 trillions of US debt, and the climbing. if Elons Doge or cant get the interest rates down, where does it end ? Interest payments exceed national defense etc ? The rising of the debt ceiling, etc, like every country that spends more than it makes is caught in a debt trap. Same as credit cards, not so bad when you first get one, then as it piles on, it erodes your ability to get in front of it.
AAU Price at posting:
0.4¢ Sentiment: None Disclosure: Held
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