Loading ...It’s screaming higher now.
But from a gold holders perspective, and a view supported by Martin Armstrong, this is what you want to see.
Why?
Because it means the safe haven trade into the US is accelerating as the rest of the world collapses. This of course means more currency debasement is to be expected. And with falling rates in the US having no effect domestically as well (the US is the cleanest dirty shirt), pushing on the proverbial string, negative rates cannot be counted out here too, which is a prescription for screaming PM prices eventually.
It’s just a matter of time.
All fiat currency/free money regimes fail.
People think this is not possible with the exchange rate mechanisms in place (its a global affair), but they are wrong.
This will be evident in skyrocketing prices of real goods in good time.
Cheers