Loading ...R640 – I wonder if you’re onto something? Maybe what we’re seeing is the front running of a worldwide devaluation of fiat currencies, primarily in the west, and it just hasn’t manifested itself in gold yet. The question is a devaluation of fiat currencies against what? You’re right about this being similar to a Weimar event in stocks.
Looks like gold is spiking on the news that Trump is going to appoint Jay Powell (an Obama appointment) as Fed Head.
Going to be really sad when they destroy our gains after the Fed meeting today.