I have been reading for some time that the US economy is about to collapse because of huge debt burdens and the move away from the US dollar as the world's reserve and trading currency.
I have read about a significant drop in the standard of living in the US and even the prospect of rioting in their streets.
I have read about China moving out of the US dollar and buying bucket loads of gold.
This was supposed to result in Zimbabwe type inflation and a monumental surge in the price of precious metals as people scramble to protect their wealth.
Yet, the gold and silver prices languish.
Am I the the only one who is confused.
- Forums
- ASX - By Stock
- GOLD
- gold confusion.
gold confusion.
- There are more pages in this discussion • 170 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)