Well Snowflake, lets start with a monthly chart on gold just to give you an idea of what gold has done over the last two decades plus in consideration to what the corrupted militarized US dollar has achieved as debt levels and government corruption has gone parabolic.
The impact of the trend should be blindingly obvious along of course with the demand for gold, which is of course blindingly obvious.
In regards to any reserve currency there is only one, which is obviously gold. Now the US dollar may remain the paper reserve currency for some time to come but looking at the US as a country its days are numbered and paradoxically the dollar may well last longer than the country itself
Now historical trends are important but considering no one alive has been through what we are going through and are going to go through then the local analysis would no doubt be somewhat distorted unless of course you would happen to talk to an economist then you would become completely brainwashed and bamboozled with complete gibberish.
Now in regards to the rest of your questions and points I suggest that you go back to where ever your head was filled with this sort of nonsense and ask your previous teachers these particular questions and the answer you no doubt will get will be a blank stare. They are no doubt economists.
If you really want to know and educate yourself, do your own independent research and put the time in because if you don't you will not know shit. Good luck.
A 5 minute on the game
- Forums
- Commodities
- GOLD
- gold
gold, page-127210
-
- There are more pages in this discussion • 1,567 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOLD (COMEX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online