AAU 0.00% 0.4¢ antilles gold limited

General Discussion on AAU, page-369

  1. 2,183 Posts.
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    to my views on gold, I have also factored in:

    - high levels of soverign debt in Western govts
    - continued inflation
    - food shortages from Ukraine not being able to plant this year's crops
    - food shortages from Russian grain being sanctioned
    - more inflation due to the supply cuts re food shortages
    - inability to control inflation via interest rates, due to domestic debt levels
    - continuing conflict in Ukraine, and possibly other neighbouring countries Finland / Sweden
    - a depreciating USD as more trade deals shift away from petrodollar

    so there's a perfect storm of multiple significant hiccups all concurrently happening, and that ought to support a flight to safety via gold IMO

    so with both a flight to gold and a possible weakening USD, the Price of Gold in USD would be headed north more likely than south




 
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