GOLD 0.51% $1,391.7 gold futures

I don't think there will be a real shooting war as the downside...

  1. 70 Posts.
    I don't think there will be a real shooting war as the downside is too great. The real war will be played on the economic front and began with the US de-industrialisation and China's rise. The destruction of industrial capital was accomplished via destabilisation of the interest rate structure and culminated in the GFC where a whole lot of major corporations went bankrupt when interest rates were zero.

    China on the other hand realises the role gold has to play in the coming war and is thus stocking up big time. The USA also realises this and is holding onto its reserves while helicopter dollars rain down in unprecedented abundance. Our favourite thread naysayer is somewhat sanguine about the US economy while trashing gold but cannot address questions in a logical fashion preferring name calling, logical fallacies and side stepping as his primary philosophical stock in trade. As such his ramblings provide mere levity.
 
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