'Competitive currency devaluations?'You may remember that this...

  1. 3,360 Posts.
    'Competitive currency devaluations?'

    You may remember that this is what I have been saying for over a year now was the reason I am so bullish on gold. EVERY time in history (that I can find) that currencies are devalued/debased, gold priced in those currencies rises.

    Now we have virtually every major and second string currency being competitively devalued. I still believe we are in the second stage of what will probably turn out to be the largest ever bull market in gold.
 
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