GOLD 0.51% $1,391.7 gold futures

Yes longer term we could another financial crisis happen if...

  1. 1,534 Posts.
    Yes longer term we could another financial crisis happen if China slow's or implodes. Really EU & US Governments are delaying the inevtable of cleaning the bank rot and bad loans out of the system. A good example is Iceland which during the GFC went backrupt and did not try and bail itself out. Now it has recovered and is having a strong recovery.

    The longer Western Governments delay and continue to print money the longer the system will support those that do not deserve to be there.

    I am currently short Silver but only for the interim as I think the next crisis to come along, end of year or start of next year will see GOLD -> +$2000
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.