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yes USA reducing interest rates, US dollar is crashing, they are...

  1. 8,231 Posts.
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    yes USA reducing interest rates, US dollar is crashing, they are printing currency like crazy, flight to value, commodities especially gold. the world central banks during the 90's sold off their gold & accepted american bonds, this looked attractive because a bond could be a billion dollars & paid interest you coul keep the piece of paper in a small safe no large vault with expensive security looked attractive, while gold price was falling with all the selling. if US dollar loses its value by say 10% bang your interst has gone & your losing. noone wants to lose panic will set in dumping US$. move back to gold !!!

    i think i have this right views anyone ?
 
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