If there's a GFC2 due to a collapsed USD there will be panic on the market. Investors will sell down all their holdings. For example non-golds might fall 50%, and golds may only fall 25%. That's hardly inspiring. And cash will be king in AUD but what about the US investors?
Will they sell up and convert into a collapsing USD? Surely not the astute. What will they do with their assets?
Wherever those assets go that's where I'd like to be investing now and be one step ahead.
Maybe I should get myself some goldbars.
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