cftc prepares to set position limits , page-7

  1. 2,614 Posts.
    "because the US dollar tumbles, probably. If the US dollar tumbles, in relation to what currency, I have no idea and what effect this has on the gold price in AUD$,"


    This is what will happen imo.

    Us dollar falls big time. Once they have dumped the US dollar then what? They will buy Canadian,Aussie and kiwi currencies to safeguard their cash.

    BUT this will not suit these countries for having high exchange rates. So the central banks of Aus,Kiwi and Canada will go to the printing press to lower/devalue their own currency.

    This will lead to High inflation world wide pretty much.
    Dare i say hyperinflation??? Who knows?


 
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