GOLD 0.51% $1,391.7 gold futures

Gold, page-981

  1. 10,628 Posts.
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    The Saudis are trapped.They will have zero say in this.They are getting desperate
    The rest of the World is also trapped with their debt created garbage.
    The problem with predicting a US dollar keel over is that there is a huge amount of money sloshing around the planet.where does it go.
    The Euro,Yeah right!! The Yen,I don't think so.The Pound,been there done that.Yuan,not developed enough.
    The most liquid markets on the planet are US dollar based or gold.
    The gold market is to small.
    If the US suffers serious civil strife ( not out of the question) then the dollar would probably come under pressure.
    This is going to get very ugly politically,economically,financially and militarily.
    Or should I say uglier.
    Who knows how this is going to end but I doubt it will be pretty.
 
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